SINGAPORE, May 23, 2023
/PRNewswire/ -- 51Talk Online Education Group ("51Talk" or the
"Company") (NYSE: COE), a global online education platform with
core expertise in English education, announced today that it will
transfer the listing of its American Depositary Shares from the New
York Stock Exchange to NYSE American LLC ("NYSE American"). The
Company has received the approval for listing from the NYSE
American on May 22, 2023.
In connection with the transfer, the Company will voluntarily
delist from the New York Stock Exchange ("NYSE"), and will continue
to trade on the NYSE until the delisting is complete. The Company
expects to begin trading on the NYSE American on or about
May 26, 2023 under its current ticker
symbol of COE.
Safe Harbor Statement
This press release contains statements that may constitute
"forward-looking" statements which are made pursuant to the "safe
harbor" provisions of the U.S. Private Securities Litigation Reform
Act of 1995. These forward-looking statements can be identified by
terminology such as "will," "expects," "anticipates," "aims,"
"future," "intends," "plans," "believes," "estimates," "likely to,"
and similar statements. 51Talk may also make written or oral
forward-looking statements in its periodic reports to the
Securities and Exchange Commission ("SEC"), in its annual report to
shareholders, in press releases and other written materials and in
oral statements made by its officers, directors or employees to
third parties. Statements that are not historical facts, including
statements about 51Talk's beliefs and expectations, are
forward-looking statements. Forward-looking statements involve
inherent risks and uncertainties. Further information regarding
these and other risks is included in 51Talk's filings with the SEC.
All information provided in this press release is as of the date of
this press release, and 51Talk does not undertake any obligation to
update any forward-looking statement, except as required under
applicable law.
About 51Talk Online Education Group
51Talk Online Education Group (NYSE: COE) is a global
online education platform with core expertise in English education.
The Company's mission is to make quality education accessible and
affordable. The Company's online and mobile education platforms
enable students to take live interactive English lessons, on
demand. The Company connects its students with a large pool of
highly qualified teachers that it assembled using a shared economy
approach, and employs student and teacher feedback and data
analytics to deliver a personalized learning experience to its
students.
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SOURCE 51Talk Online Education Group