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Ruanyun Edai Technology Withdrawn, Nasdaq: RYET

Chinese provider of AI-driven learning and testing solutions for K-12 education.

Industry: Consumer Discretionary

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Industry: Consumer Discretionary

We are a data driven artificial intelligence, or A.I., technology company focused on kindergarten through year twelve, or K-12 education in China. We bring technology to schools, and we are committed to reforming the traditional Chinese education and learning model by facilitating schools, teachers and students with new teaching, learning, and assessment methods in the A.I. era. We believe the road to college should come with directions. Our mission is to help each K-12 student understand their specialty and find their way to higher education and future success. We believe we have one of the most comprehensive online learning ecosystems covering all K-12 subject fields and grade levels, one of the largest academic exercise question banks that is designed and built for interactive learning, and one of the most advanced A.I. algorithms that power such questions, all of which are accessible online and on demand.
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IPO Data
IPO File Date 12/29/2022
Offer Price
Price Range $5.00 - $6.00
Offer Shares (mm) 5.0
Deal Size ($mm) $28
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date
Offer Price
Price Range $5.00 - $6.00
Offer Shares (mm) 5.0
Deal Size ($mm) $28
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Univest Securities
AC Sunshine Securities
Company Data
Headquarters Nanchang, China
Founded 2012
Employees 146
Website www.ruanyun.net

Ruanyun Edai Technology (RYET) Performance