大山教育:终止配售协议

Core Viewpoint - Daxin Education (09986) announced the termination of its placement agreement for the proposed issuance of up to 40 million shares due to unmet conditions as of July 31, 2025 [1] Group 1 - The placement agreement has been rendered invalid and terminated, with all rights and obligations under the agreement ceased [1] - The company and the placement agent have not reached a consensus on extending the final deadline for the placement agreement [1] - The board believes that the termination of the placement agreement will not have a significant adverse impact on the group's business operations and financial condition [1] Group 2 - The company may consider further fundraising activities in light of the group's future development and market sentiment [1]