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META DATA LIMITED - NOTICE OF APPOINTMENT OF JOINT OFFICIAL LIQUIDATORS
GlobeNewswire News Room· 2024-08-19 21:30
Grand Cayman, Cayman Islands, Aug. 19, 2024 (GLOBE NEWSWIRE) -- Meta Data Limited (Previously known as OneSmart International Education Group Limited (精銳國際教育集團有限公司) (In Official Liquidation) (the “Company”), with New York Stock Exchange trading symbol “AIU”, has been placed into Official Liquidation in the Cayman Islands. By order of the Grand Court of the Cayman Islands, made on 7 August 2024, the Company, with registration number 320611, whose registered office was situated at Ugland House, Grand Cayman, ...
Meta Data (AIU) Stock Is Up 100% Today. What's Going On?
Investor Place· 2024-07-29 19:01
Group 1 - Meta Data (NYSE:AIU) experienced a significant surge in stock price, increasing by more than 100% after completing a 1-for-5 reverse stock split, which brought its share price back into compliance with listing standards [1][3] - The reverse stock split is seen positively by investors as it allows Meta Data to remain publicly listed and access equity markets for growth capital, resulting in a market capitalization of $900 million [3] - Investor interest in the online education sector is rising, with competitors like 2U (NASDAQ:TWOU) also seeing stock price increases despite announcing plans to file for bankruptcy, indicating potential short squeeze opportunities in the sector [1][3] Group 2 - The reverse stock split can have mixed implications; while it helps companies stay listed, it may also signal financial distress, as companies often resort to such measures when facing challenges [3] - There is skepticism regarding the sustainability of the recent stock price momentum for Meta Data and similar companies, given the underlying challenges in the online education sector [4]
Meta Data Limited Announces Planned ADS Ratio Change
GlobeNewswire News Room· 2024-07-19 20:05
Hong Kong, July 19, 2024 (GLOBE NEWSWIRE) -- Meta Data Limited (“Meta Data” or the "Company") (NYSE: AIU) today announced that it plans to change the ratio of its American depositary shares ("ADSs"), which currently is one (1) ADS representing two (2) Class A ordinary shares. The new ratio is expected to be one (1) ADS representing ten (10) Class A ordinary shares. There will be no change to the Company's Class A ordinary shares. The effect of the ratio change on the ADS trading price on the New York Stock ...
Meta Data Limited Announces Planned ADS Ratio Change
Newsfilter· 2024-07-19 20:05
Hong Kong, July 19, 2024 (GLOBE NEWSWIRE) -- Meta Data Limited ("Meta Data" or the "Company") (NYSE: AIU) today announced that it plans to change the ratio of its American depositary shares ("ADSs"), which currently is one (1) ADS representing two (2) Class A ordinary shares. The new ratio is expected to be one (1) ADS representing ten (10) Class A ordinary shares. There will be no change to the Company's Class A ordinary shares. The effect of the ratio change on the ADS trading price on the New York Stock ...
AIU Announces Receipt of NYSE Non-compliance Letter Regarding ADS Trading Price
Newsfilter· 2024-03-06 21:05
Company Overview - Meta Data Limited, founded in 2008 and headquartered in Hong Kong, provides non-subject based tutoring to students in China [5] - The company is adapting to the "Double Reduction Policy," which restricts subject-based off-campus tutoring for compulsory education students, by shifting focus to online education and tutoring services for students outside of China [5] Compliance Notification - Meta Data has received a notification from the New York Stock Exchange (NYSE) indicating that it is below compliance standards due to the trading price of its American depositary shares (ADSs) [1] - According to NYSE rule 802.01C, a company is considered non-compliant if the average closing price of its security is below $1.00 over a consecutive 30 trading-day period [2] - The company has a six-month period to bring its share price back above $1.00, with the possibility of regaining compliance at any time during this period [2] Current Listing Status - The notice from NYSE does not have an immediate impact on the listing of Meta Data's ADSs, which will continue to be traded on the NYSE during the cure period, provided the company meets other listing requirements [3]
Meta Data (AIU) - 2023 Q4 - Annual Report
2023-12-25 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 20-F (Mark One) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR 12(g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended August 31, 2023. OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to OR ☐ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) O ...
Meta Data (AIU) - 2023 Q2 - Quarterly Report
2023-07-13 16:00
Exhibit 99.1 Operating and Financial Review and Prospects in Connection with the Unaudited Interim Consolidated Financial Statements for the Six Months Ended February 28, 2023 and 2022 Net income from continuing operations was US$2.0 million, up by 103.4% year-over-year. Net loss from discontinued operations was US$414.9 million, up by 257.0% year-over-year. Net loss attributable to shareholders of Meta Data Limited was US$412.9 million, increased by 146.1% compared to net loss of US$167.8 million in the fi ...
Meta Data (AIU) - 2023 Q3 - Quarterly Report
2023-05-30 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 For the month of May 2023 Commission File Number: 001-38430 Meta Data Limited Flat H 3/F, Haribest Industrial Building, 45-47 Au Pui Wan Street Sha Tin New Territories Hong Kong (Address of principal executive offices) Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20- ...