Core Viewpoint - EpicQuest Education Group International Limited has successfully closed a registered direct offering, raising approximately $3.7 million through the sale of 5,068,494 ordinary shares at a price of $0.73 per share [1][2]. Group 1: Offering Details - The offering was facilitated by FT Global Capital, Inc. as the exclusive placement agent [2]. - The gross proceeds from the offering are approximately $3.7 million before deducting fees and expenses [2]. - The net proceeds will be utilized for working capital and general corporate purposes [2]. Group 2: Company Overview - EpicQuest Education provides higher education solutions for both domestic and international students in the US, Canada, and the UK [1][4]. - The company owns EduGlobal University in British Columbia, Canada, focusing on English proficiency programs [4]. - EpicQuest is a 70% owner of Davis University in Toledo, Ohio, which specializes in career training [4]. - The company has recruiting relationships with Miami University Regional campuses and is a recruiting agent for the University of the West of Scotland and Coventry University in the UK [4]. - Recently, EpicQuest established a subsidiary, Gilmore Inv LLC, in Ohio to offer international educational programs related to kinesiology and recreation education [4].

Q2 2025 Performance - New Enrollments increased by 42% in Q2 2025 as reported[27] - Total Enrollment increased by 6% in Q2 2025 as reported, reaching 472,000[27] - Revenue increased by 5% to $524 million in Q2 2025 as reported[27] - Adjusted EBITDA increased by 15% to $214 million in Q2 2025 as reported[27] - Adjusted EBITDA margin increased by 348 bps to 409% in Q2 2025 as reported[27] - Year-to-date New Enrollments increased 7% and Total Enrollments increased 6%[18] H1 2025 Performance - Revenue was $760 million, a decrease of 2% as reported, but an increase of 6% organically[30] - Adjusted EBITDA was $220 million, an increase of 1% as reported, but an increase of 9% organically[30] - Adjusted EBITDA margin was 289%, an increase of 83 bps as reported[30] Capitalization and Share Count - Cash & Cash Equivalents totaled $135 million as of June 30, 2025[43] - Net Cash was $19 million as of June 30, 2025[43] - $71 million of shares were repurchased in H1 2025[43] 2025 Outlook - Revenue growth is expected at 3%-4% on a USD reported basis, and 6%-7% on an organic constant currency basis[50] - Adjusted EBITDA growth is expected at 9%-10% on a USD reported basis, and 11%-13% on an organic constant currency basis[50] - The company increased full-year 2025 guidance by $55 million for Revenue and $16 million for Adjusted EBITDA due to strengthening of MXN and PEN currencies[18]

Core Viewpoint - The establishment of the Greater Bay Area University aims to enhance higher education and innovation in the Guangdong-Hong Kong-Macau Greater Bay Area, focusing on cultivating high-level innovative talents and aligning educational development with economic modernization [1][5][11]. Group 1: University Establishment and Structure - The Greater Bay Area University is a public high-level research university initiated by the Guangdong provincial government and the Dongguan municipal government, with construction starting in 2021 and the first campus expected to be completed by 2024 [1][6][7]. - The university will have two campuses: the Songshan Lake campus and the Binhai Bay campus, with a total investment of approximately 10 billion yuan and a total area of 2,356 acres [6][9]. - The university plans to enroll 10,000 undergraduate students by 2030, with a balanced ratio of undergraduate to graduate students [1][5]. Group 2: Academic Programs and Collaboration - The initial undergraduate programs include Mathematics, Physics, Computer Science, Materials Science, and Industrial Engineering, with a flexible major selection process for students [2][3]. - The university has established partnerships with several prestigious institutions for joint training of over 100 master's and doctoral students, enhancing its academic collaboration [2][12]. - The focus will be on six key areas: material science, advanced engineering, life sciences, information science and technology, mathematics, and financial management, to meet the demands of future technological innovation [9][11]. Group 3: Research and Development Focus - The university aims to conduct cutting-edge research aligned with industry needs, fostering collaboration between education, technology, and talent development [9][11]. - It has established research centers and platforms in various fields, including intelligent computing and robotics, to support innovative research and development [12][13]. - The university's approach emphasizes international perspectives in talent cultivation, with over 96% of faculty having overseas experience [12][15]. Group 4: Talent Recruitment and Development - The university is actively recruiting high-caliber faculty, offering competitive compensation and long-term career development plans to attract talent [13][15]. - Recruitment efforts include participation in talent fairs and partnerships with leading tech companies to ensure alignment with local industry needs [13][14]. - The focus on high-level talent recruitment is aimed at building a strong faculty team that can drive innovation and research excellence [13][15].