Gravitas Education Holdings, Inc.

Gravitas Education Holdings, Inc.

GEHI
Gravitas Education Holdings, Inc.US flagNew York Stock Exchange
13.23
USD
+0.72
- -
18.25MMarket Cap
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Capital Structure

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

APIChat
CEO
Yanlai Shi
Full Time Employees
1,143
Sector
Consumer Defensive
Industry
Education & Training Services
Address
No. 29 Building Beijing People's Republic of China 100078
IPO Date
Sep 27, 2017
Business
Gravitas Education Holdings, Inc., originally known as RYB Education, Inc. until its renaming in May 2022, was a prominent provider of early childhood education services primarily within the People's Republic of China. The company previously managed play-and-learn centers designed for children aged 0-6 and their families, fostering developmental growth, strengthening family bonds, and preparing youngsters for kindergarten and primary schooling. Additionally, it operated student care facilities and offered comprehensive course content, training, and support to its network of franchisees and licensees. It also engaged in the development and sale of educational products and distributed merchandise such as teaching aids, educational toys, at-home learning solutions, and uniforms through its partners and directly to families. The company further extended its reach with Qingtian Youpin, an e-commerce platform specializing in maternity and children's goods. In a significant strategic transformation, Gravitas Education Holdings, Inc. announced the divestiture of its PRC business and the acquisition of eLMTree in April 2023, subsequently completing a merger transaction and rebranding as Mynd.ai, Inc. (MYND) in December 2023. Under its new identity, the company is now centered on the AI-driven educational technology sector, aiming to expand its innovative solutions globally outside of China. Founded in Beijing, China, in 1998, the company has evolved to focus on revolutionizing education through advanced technologies.

Company News

APIChat
  • Gravitas Education Holdings, Inc. Announces Expected Timing for the Effective Time of the Merger

  • GEHI Announces Plan for Closing of Merger and Transfer to NYSE American

  • Gravitas Education Updates Record Date of Special Cash Dividend

  • Gravitas Education Holdings, Inc. Announces ADS Ratio Change

  • Gravitas Education Holdings, Inc. Announces Extension of the Outside Date of the Merger

  • Gravitas Education Holdings Inc. Announces Special Cash Dividend in the Range of US$11.256 to US$12.17 per American Depositary Share and Reports Status of Merger

  • Gravitas Education Holdings Inc. Announces Results of the Extraordinary General Meeting on September 11, 2023

  • Gravitas Education Holdings, Inc. Reports First Half 2023 Financial Results

  • GEHI to Hold Extraordinary General Meeting of Shareholders on September 11, 2023

  • GEHI Appoints New Chief Financial Officer