Visionary Education Technology Holdings Group
Our mission is to broaden access to the multicultural education system of Canada through advanced management and technological innovation and to facilitate the achievement of a student’s full potential regardless of social or immigration status.
We are a licensed provider of private online and in person educational programs and services in Canada, serving both Canadian and international students who reside in Canada and internationally. We entered the education industry in 2017 when we purchased a majority interest in Toronto ESchool Ltd., or Toronto ESchool. Our educational programs include Ontario Secondary School Diploma (OSSD – Grades 9 through 12), career-oriented two-year college and four-year university diploma programs, vocational education programs and master programs. We also provide educational services that include immigration and study visa services, student housing, career guidance, internship and entrepreneurship guidance.
Our founder and majority shareholder, Fan Zhou, has over 20 years of experience in international vocational education in Canada and China. She originally organized our company to develop and operate an international education platform focused on vocational education based on agricultural technology. She concurrently organized a separate company to acquire and develop educational real estate facilities as a complement to the education company. We acquired the real estate company in 2019 and have used the profits from its real estate activities to acquire a number of private government-licensed education operations and to continue to transition into private education and ancillary services as our main business focus.
(Note: Visionary Education Technology Holdings Group priced its IPO on May 16, 2022, in sync with the recently downsized terms in its prospectus: 4.25 million shares at $4.00 to raise $17 million. The IPO’s previous terms were 5.0 million shares at $4.00 to $5.00 to raise $22.5 million.)
|Address||200 Town Centre Blvd. Suite 408A Markham, Ontario, Canada L3R 8G5|
|View Prospectus:||Visionary Education Technology Holdings Group|
|Revenues||$8.94 mil (last 12 months)|
|Net Income||$2.62 mil (last 12 months)|
|Price range||$4.00 - $4.00|
|Est. $ Volume||$17.0 mil|
|Manager / Joint Managers||Joseph Stone Capital|
|Expected To Trade:||5/17/2022|
|Quiet Period Expiration Date:||Available only to Subscribers|
|Lock-Up Period Expiration Date:||Available only to Subscribers|
|SCOOP Rating||Available only to Subscribers|
|Rating Change||Available only to Subscribers|