North Bergen, New Jersey 10/1/2009 1:50:00 AM
News / Business

China Education Alliance (NYSE Amex: CEU) Announces Pricing of Common Stock

China Education Alliance, Inc. (NYSE Amex:CEU), a China-based education resource and service company, today announced that it has priced its public offering of 3,162,055 shares of common stock. China Education Alliance, Inc. (NYSE Amex:CEU) is a fast growing, leading China-based company offering high-quality education resources and services to students.

 

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China Education Alliance, Inc. (NYSE Amex:CEU) is a China-based company offering high-quality education resources and services to students. For students’ ages 6 to 18; and adults ages 18+ (University students and professionals); China Education Alliance (NYSE Amex:CEU). offers supplemental, online exam-oriented training materials and on-site exam- oriented training and tutoring services. The company is providing on-line, download able teachers resources and on-site face-to-face instruction. All resources and tutoring services are provided by reputable teachers within mainland China. The purpose of online exam-orientated resources and on-site tutoring is to help Chinese students ages 6 to 18 to pass the two most important and highly competitive exams in their educational career: senior high school entrance exam and college entrance exam. For graduates and professionals age 18+, China Education Alliance provides vocational training including IT and several professional training programs. China Education Alliance (NYSE Amex:CEU) has granted the representative of the underwriters a 45-day option to purchase up to an additional 474,308 shares of common stock. The shares were offered to the public at $5.50 per share.

 

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