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Meten EdtechX Education Group (EdtechX Holdings Acquisition) Priced, Nasdaq: METX

Blank check company formed by IBIS Capital to acquire an education technology business (completed 3/30/2020).

Industry: SPAC

First Day Return: +0.3%

Industry: SPAC

We intend to focus our search for target businesses in the education, training and education technology (“edtech”) industries. We intend to build an industry leading sustainable education platform with attractive returns on invested capital and robust free cash flow generation. By consummating a business combination with a target business in the education, training and edtech industries, we hope to offer public market investors near-tern access and direct investment exposure to the long-term trends favorably impacting these sectors and to the consolidation and value-creation opportunities related thereto. We intend to take a patient and disciplined approach to investing with an emphasis on compounding capital over the long-term. We will also look for target businesses with proven management teams who will foster an ownership culture with strong alignment of incentives.
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IPO Data
IPO File Date 09/10/2018
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 5.5
Deal Size ($mm) $55
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 10/05/2018
Offer Price IPO Intelligence Only
Price Range IPO Intelligence Only
Offer Shares (mm) IPO Intelligence Only
Deal Size ($mm) $55
Lock-Up Date IPO Intelligence Only
Street Research IPO Intelligence Only
Underwriters
IPO Intelligence Only
Company Data
Headquarters London, United Kingdom
Founded 2018
Employees at IPO 0

Meten EdtechX Education Group (EdtechX Holdings Acquisition) (METX) Performance