2022-08-30 | NDAQ:JZ | Press release

BEIJING, Aug. 30, 2022 (GLOBE NEWSWIRE) — Jianzhi Education Technology Group Company Limited (the “&CloseCurlyDoubleQuote Company; or “Jianzhi”) (NASDAQ: JZ), a leading provider of digital educational content in China, announced today today closed its initial public offering of 5,000,000 American Depositary Shares (the “ADSs”) at a public offering price of $5.00 per ADS for aggregate gross proceeds of approximately $25,000,000, assuming that the underwriter does not exercise its over-allotment option to purchase additional ADSs. Each ADS represents two ordinary shares of the Company. The offering closed on August 30, 2022 US Eastern Time and the ADSs began trading on August 26, 2022 US Eastern Time on the Nasdaq Stock Market under the “JZ” symbol.

The Company has granted the subscriber the right to purchase up to an aggregate of 750,000 additional ADSs within 30 days from the date of the final prospectus at the IPO price.

Univest Securities, LLC is acting as bookrunner for this offering. Kirkland & Ellis International LLP, is acting as legal counsel to the Company, and Sidley Austin LLP, is acting as legal counsel to Univest Securities, LLC.

A registration statement on Form F-1 (File No.: 333-257865) relating to the offering, as amended, has been filed with the United States Securities and Exchange Commission (“SEC”) and was declared effective by the SEC on August 25. , 2022 Eastern US time. This press release does not constitute an offer to sell or a solicitation of an offer to buy the securities described herein, and there will be no sale of such securities in any state or jurisdiction in which such offer, solicitation or sale would be illegal. prior to registration or qualification under the securities laws of any such state or territory.

The offering is being made solely by means of a prospectus. The Offering is made solely by means of a prospectus. Copies of the final prospectus relating to the Offering may be obtained, when available, from Univest Securities, LLC, 75 Rockefeller Plaza, Suite 1838, New York, NY 10019, by telephone at +1 212-343- 8888, or by e-mail at info@univest.us. In addition, a copy of the final prospectus may also be obtained through the SEC’s website at www.sec.gov.

About Jianzhi Education Technology Group Company Limited

Based in Beijing and established in 2011, Jianzhi is one of China’s leading digital educational content providers and is committed to developing educational content to meet the massive demand for high-quality professional training resources in China. Jianzhi started its business by providing educational content products and IT services to higher education institutions. Jianzhi also provides products for individual customers. Leveraging its strong capabilities in exclusive professional development training content development and success in consolidating educational content resources within the industry, Jianzhi has succeeded in building a comprehensive and multi-dimensional database of educational content. which offers a wide range of professional development products. Jianzhi integrates proprietary digital educational content into its self-developed e-learning platforms, which are delivered to a wide range of customers through its omnichannel sales system. Jianzhi is also fully committed to the digitization and informatization of China’s education sector. For more information, please visit: www.jianzhi-jiaoyu.com

Safe Harbor Statement

This press release contains statements that may constitute “forward-looking statements” statements pursuant to the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. Such forward-looking statements may be identified by terminology such as “will ,” “expects,” “anticipates,” “goals,” “future,” “intends,” “plans,” “believes,” “estimates,” “likely to,” and similar statements. Statements that do not are not historical facts, including statements about the company’s beliefs, plans and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. Further information regarding these and other risks are included in the Company’s filings with the SEC All information provided in this press release is as of the date of this press release, and the Company does not undertake to update any forward-looking statements, except as required by applicable law.

For investor and media inquiries, please contact:

Evergreen Consulting Inc.

Ms. Janice Wang, Managing Partner

E-mail: IR@changqingconsulting.com

Phone: +1 470-940-3308 (from the United States)

+86 138-1176-8559 (from China)

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