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The latest announcement is out from Ruanyun Edai Technology Incorporation ( (RYET) ).
On April 9, 2025, Ruanyun Edai Technology Inc. completed its initial public offering, raising approximately $15 million by selling 3,750,000 ordinary shares at $4.00 per share. The shares are listed on the Nasdaq Capital Market under the ticker symbol ‘RYET’. The proceeds will be used for research and development, marketing, new content creation, and setting up additional regional offices, which could strengthen the company’s position in the education technology sector.
More about Ruanyun Edai Technology Incorporation
Ruanyun Edai Technology Inc. is an innovative AI-driven education technology company dedicated to transforming the K-12 education landscape in China. By leveraging proprietary AI-powered solutions, the company provides intelligent learning tools, assessment platforms, and adaptive learning systems that enhance academic performance and streamline educational processes.
YTD Price Performance: -5.99%
Average Trading Volume: 2,120,779
See more insights into RYET stock on TipRanks’ Stock Analysis page.