Tell Ain el Meten

Meten Holding Group Ltd. Receives Nasdaq Notification Regarding Minimum Bid Price Deficiency

Retrieved on: 
Tuesday, September 20, 2022
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Nasdaq Listing Rule 5550(a)(2) requires listed securities to maintain a minimum bid price of US$1.00 per share, and Listing Rule 5810(c)(3)(A) provides that a failure to meet the minimum bid price requirement exists if the deficiency continues for a period of 30 consecutive business days.

Key Points: 
  • Nasdaq Listing Rule 5550(a)(2) requires listed securities to maintain a minimum bid price of US$1.00 per share, and Listing Rule 5810(c)(3)(A) provides that a failure to meet the minimum bid price requirement exists if the deficiency continues for a period of 30 consecutive business days.
  • Based on the closing bid price of the Company's ordinary shares for the 30 consecutive business days from August 4, 2022 to September 15, 2022, the Company no longer meets the minimum bid price requirement.
  • The Notification Letter does not impact the Company's listing on the Nasdaq Capital Market at this time.
  • About Meten Holding Group Ltd.
    Meten Holding Group Ltd., formerly known as Meten EdtechX Education Group Ltd., is an omnichannel training company headquartered in China providing language and workplace training services.

Meten Holding Group Ltd. Announces Closing of $7.5 Million Registered Direct and Private Placement Offerings

Retrieved on: 
Monday, August 8, 2022
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The registered direct offering is being made pursuant to an effective shelf registration statement on Form F-3 (No.

Key Points: 
  • The registered direct offering is being made pursuant to an effective shelf registration statement on Form F-3 (No.
  • About Meten Holding Group Ltd.
    Meten Holding Group Ltd., formerly known as Meten EdtechX Education Group Ltd., is an omnichannel training company headquartered in China providing language and workplace training services.
  • In addition to its training services, Meten Holding Group actively develops metaverse, blockchain and cryptocurrency mining businesses to align with its future business development strategy.
  • Meten Holding Group actively explores metaverse business, such as Metaverse vocational education courses, with its competitive advantages and technology.

Meten Holding Group Ltd. Announces $7.5 Million Registered Direct and Private Placement

Retrieved on: 
Thursday, August 4, 2022
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The registered direct offering is being made pursuant to an effective shelf registration statement on Form F-3 (No.

Key Points: 
  • The registered direct offering is being made pursuant to an effective shelf registration statement on Form F-3 (No.
  • About Meten Holding Group Ltd.
    Meten Holding Group Ltd., formerly known as Meten EdtechX Education Group Ltd., is an omnichannel training company headquartered in China providing language and workplace training services.
  • In addition to its training services, Meten Holding Group actively develops metaverse, blockchain and cryptocurrency mining businesses to align with its future business development strategy.
  • Meten Holding Group actively explores metaverse business, such as Metaverse vocational education courses, with its competitive advantages and technology.

Meten Holding Group Ltd. Provides Updates on its Blockchain and Digital Currency Business

Retrieved on: 
Thursday, July 28, 2022
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SHENZHEN, China, July 28, 2022 /PRNewswire/ --Meten Holding Group Ltd. ("Meten Holding Group" or the "Company") (NASDAQ:METX), an omnichannel training company headquartered in China providing language and workplace training services and actively developing metaverse, blockchain and cryptocurrency mining businesses, today provided updates on its blockchain and digital currency business.

Key Points: 
  • SHENZHEN, China, July 28, 2022 /PRNewswire/ --Meten Holding Group Ltd. ("Meten Holding Group" or the "Company") (NASDAQ:METX), an omnichannel training company headquartered in China providing language and workplace training services and actively developing metaverse, blockchain and cryptocurrency mining businesses, today provided updates on its blockchain and digital currency business.
  • About Meten Holding Group Ltd.
    Meten Holding Group Ltd., formerly known as Meten EdtechX Education Group Ltd., is an omnichannel training company headquartered in China providing language and workplace training services.
  • In addition to its training services, Meten Holding Group actively develops metaverse, blockchain and cryptocurrency mining businesses to align with its future business development strategy.
  • Meten Holding Group actively explores metaverse business, such as Metaverse vocational education courses, with its competitive advantages and technology.

Meten Holding Group Ltd. Provides Updates on its Joint Venture Cryptocurrency Mining Company

Retrieved on: 
Monday, July 11, 2022
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SHENZHEN, China, July 11, 2022 /PRNewswire/ -- Meten Holding Group Ltd. ("Meten Holding Group" or the "Company") (NASDAQ:METX), an omnichannel training company headquartered in China providing language and workplace training services and actively developing metaverse, blockchain and cryptocurrency mining businesses, today provided updates on its joint venture for the development of its cryptocurrency mining business, Met Chain Co., Limited ("Met Chain").

Key Points: 
  • SHENZHEN, China, July 11, 2022 /PRNewswire/ -- Meten Holding Group Ltd. ("Meten Holding Group" or the "Company") (NASDAQ:METX), an omnichannel training company headquartered in China providing language and workplace training services and actively developing metaverse, blockchain and cryptocurrency mining businesses, today provided updates on its joint venture for the development of its cryptocurrency mining business, Met Chain Co., Limited ("Met Chain").
  • As previously disclosed in a press release in December 2021, Meten Holding Group established the joint venture, Met Chain, specializing in the research and development ("R&D"), production, and sales of cryptocurrency mining equipment.
  • About Meten Holding Group Ltd.
    Meten Holding Group Ltd., formerly known as Meten EdtechX Education Group Ltd., is an omnichannel training company headquartered in China providing language and workplace training services.
  • Meten Holding Group is committed to developing blockchain related businesses in North America, including cryptocurrency mining, mining farm construction, and mining pool and data center operation.

Meten Holding Group Ltd. to Launch Housekeeping Training Courses in September 2022

Retrieved on: 
Thursday, June 16, 2022
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SHENZHEN, China, June 16, 2022 /PRNewswire/ -- Meten Holding Group Ltd. ("Meten Holding Group" or the "Company") (NASDAQ:METX), an omnichannel training company headquartered in China providing language and workplace training services and actively developing metaverse, blockchain and cryptocurrency mining businesses, today announced that the Company plans to launch housekeeping training courses (the "Courses") in September 2022 to address the shortage of qualified personnel in the housekeeping service industry of China.

Key Points: 
  • SHENZHEN, China, June 16, 2022 /PRNewswire/ -- Meten Holding Group Ltd. ("Meten Holding Group" or the "Company") (NASDAQ:METX), an omnichannel training company headquartered in China providing language and workplace training services and actively developing metaverse, blockchain and cryptocurrency mining businesses, today announced that the Company plans to launch housekeeping training courses (the "Courses") in September 2022 to address the shortage of qualified personnel in the housekeeping service industry of China.
  • The Courses will cover various subjects, such as career development, housekeeping, cooking, common diseases, dietary guidelines, professional storage training, and healthcare training.
  • About Meten Holding Group Ltd.
    Meten Holding Group Ltd., formerly known as Meten EdtechX Education Group Ltd., is an omnichannel training company headquartered in China providing language and workplace training services.
  • Meten Holding Group actively explores metaverse business, such as Metaverse vocational education courses, with its competitive advantages and technology.

Meten Holding Group Ltd. Provides Updates on its Digital Currency Business

Retrieved on: 
Monday, June 6, 2022
The Company, XP, Mining, Language, Company, Intellectual property, Tell Ain el Meten, METX, Growth, Student, Private Securities Litigation Reform Act, Technology, COVID-19, NASDAQ, Bitmain, Efficiency, Blockchain, Terminology, Cryptocurrency, Metaverse

SHENZHEN, China, June 6, 2022 /PRNewswire/ -- Meten Holding Group Ltd. ("Meten Holding Group" or the "Company") (NASDAQ:METX), an omnichannel training company headquartered in China providing language and workplace training services and actively developing metaverse, blockchain and cryptocurrency mining businesses, today provided updates on the Company's digital currency business.

Key Points: 
  • SHENZHEN, China, June 6, 2022 /PRNewswire/ -- Meten Holding Group Ltd. ("Meten Holding Group" or the "Company") (NASDAQ:METX), an omnichannel training company headquartered in China providing language and workplace training services and actively developing metaverse, blockchain and cryptocurrency mining businesses, today provided updates on the Company's digital currency business.
  • Aiming to hold its digital currency assets in the long term, the Company will continue to grow the scale of its digital currency business.
  • About Meten Holding Group Ltd.
    Meten Holding Group Ltd., formerly known as Meten EdtechX Education Group Ltd., is an omnichannel training company headquartered in China providing language and workplace training services.
  • Meten Holding Group actively explores metaverse business, such as Metaverse vocational education courses, with its competitive advantages and technology.

Meten Holding Group Ltd. Regains Compliance with Nasdaq Minimum Bid Price Requirement

Retrieved on: 
Tuesday, May 24, 2022
Tell Ain el Meten, Company, METX, Language, NASDAQ, COVID-19, Mining, Intellectual property, Blockchain, Student, Compliance, Terminology, Technology, Private Securities Litigation Reform Act, The Company, Growth, Letter, Cryptocurrency, Renewable energy, Nasdaq, Metaverse

On January 5, 2022, the Company received a second 180-day extension from Nasdaq or until July 5, 2022 to regain compliance.

Key Points: 
  • On January 5, 2022, the Company received a second 180-day extension from Nasdaq or until July 5, 2022 to regain compliance.
  • Nasdaq stated that accordingly, Meten Holding Group has regained compliance with Nasdaq Listing Rule 5550(a)(2).
  • About Meten Holding Group Ltd.
    Meten Holding Group Ltd., formerly known as Meten EdtechX Education Group Ltd., is an omnichannel training company headquartered in China providing language and workplace training services.
  • Meten Holding Group actively explores metaverse business, such as Metaverse vocational education courses, with its competitive advantages and technology.

Meten Holding Group Ltd. to Launch Chinese as Foreign Language Education Program Globally in Early June 2022

Retrieved on: 
Friday, May 20, 2022
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SHENZHEN, China, May 20, 2022 /PRNewswire/ -- Meten Holding Group Ltd. ("Meten Holding Group" or the "Company") (NASDAQ:METX), an omnichannel training company headquartered in China providing language and workplace training services and actively developing metaverse, blockchain and cryptocurrency mining businesses, today announced that the Company plans to launch Chinese as foreign language education program (the "Program") globally in early June 2022.

Key Points: 
  • SHENZHEN, China, May 20, 2022 /PRNewswire/ -- Meten Holding Group Ltd. ("Meten Holding Group" or the "Company") (NASDAQ:METX), an omnichannel training company headquartered in China providing language and workplace training services and actively developing metaverse, blockchain and cryptocurrency mining businesses, today announced that the Company plans to launch Chinese as foreign language education program (the "Program") globally in early June 2022.
  • The market for Chinese as foreign language education programs enters into a new stage of rapid growth as the demand remains strong.
  • Mr. Jason Zhao, Chairman of Meten Holding Group, commented, "The popularity of the Chinese language is rising globally, and many foreigners choose Chinese as their second language; thus the international market size of Chinese education grows significantly.
  • About Meten Holding Group Ltd.
    Meten Holding Group Ltd., formerly known as Meten EdtechX Education Group Ltd., is an omnichannel training company headquartered in China providing language and workplace training services.

Meten Holding Group Ltd. Announces Financial Results for Fiscal Year Ended December 31, 2021

Retrieved on: 
Monday, May 16, 2022
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For overseas training services, revenues increased 15.7% year-on-year, to RMB151.1 million (US$23.7 million) in fiscal year 2021 from RMB130.6 million in fiscal year 2020.

Key Points: 
  • For overseas training services, revenues increased 15.7% year-on-year, to RMB151.1 million (US$23.7 million) in fiscal year 2021 from RMB130.6 million in fiscal year 2020.
  • For Junior ELT, revenues decreased to RMB98.0 million (US$15.4 million) in fiscal year 2021 from RMB130.3 million in fiscal year 2020.
  • For online ELT, revenues increased 0.2% year-on-year, to RMB290.4 million (US$45.6 million) in fiscal year 2021 from RMB289.7 million in fiscal year 2020.
  • About Meten Holding Group Ltd.
    Meten Holding Group Ltd., formerly known as Meten EdtechX Education Group Ltd., is an omnichannel training company headquartered in China providing language and workplace training services.