ChinaCast Education Raises Approximately $14.5 Million Through Exercise of Warrants - Submit Site

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ChinaCast Education Raises Approximately $14.5 Million Through Exercise of Warrants - Read More

Date Added: July 04, 2008 06:16:04 AM

BEIJING, July 3, 2008 -- ChinaCast Education Corporation , one of the leading for-profit, post-secondary and e-learning services providers in China, is pleased to announce that approximately 3.4 million of its 9 million common stock purchase warrants held by a limited number of warrant holders were exercised on June 30, 2008, at a price of $4.25 per underlying share.

Category: Education » Government Agencies

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