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CLEU - China Liberal Education raises $9M via private placement
China Liberal Education Holdings Limited
China Liberal Education (NASDAQ:CLEU) enters into definitive subscription agreements with certain accredited investors in a private placement transaction, pursuant to which the investors agreed to subscribe for and purchase. Company agreed to issue and sell an aggregate of 6M ordinary shares for an aggregate purchase price of $9M. Net proceeds to be deployed for its working capital and general corporate purposes.