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Skillful Craftsman Announces Termination of VIE Agreements

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Skillful Craftsman Announces Termination of VIE Agreements

An update from Skillful Craftsman Education Technology ( (EDTK) ) is now available.

Skillful Craftsman Education Technology Limited has announced its 2025 Extraordinary General Meeting of Stockholders, scheduled for March 14, 2025, in Shenzhen, China. The key agenda for this meeting is the approval of the termination of Variable Interest Entity (VIE) Agreements, which includes the dissolution of several existing agreements and the release of pledged equity interests. This move could significantly impact the company’s operational structure and stakeholder relationships, as it represents a shift away from its previous business model involving VIE structures.

More about Skillful Craftsman Education Technology

Skillful Craftsman Education Technology Limited is a company engaged in the education technology industry, focusing on providing vocational education services. It operates primarily in China, targeting individuals seeking skill enhancement and career development opportunities.

YTD Price Performance: -3.85%

Average Trading Volume: 9,805

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $15.93M

For a thorough assessment of EDTK stock, go to TipRanks’ Stock Analysis page.

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