Visionary Education Technology Holdings Group, which provides secondary and post-secondary education services in Canada, raised $17 million by offering 4.3 million shares at $4, as expected.
The company offers private online and in-person education services to Canadians and international students, as well as immigration and study visa services, student housing, career guidance, internship, and entrepreneurship guidance. Its educational programs include Ontario Secondary School Diploma, career-oriented two-year college and four-year university diploma programs, vocational education programs, and master programs.
Visionary Education Technology Holdings Group plans to list on the Nasdaq under the symbol VEDU. Joseph Stone Capital acted as sole bookrunner on the deal.
