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STG - SKillful Craftsman Education Technology Begins U.S. IPO Effort
Sunlands Online Education Group American Depositary Shares representing Class A
Quick Take
Skillful Craftsman Education Technology Limited (NGJY) has filed to raise $15 million in an IPO of its ordinary shares, according to an F-1 registration statement.
The firm has developed an online site that provides a variety of education services to individuals in China.
NGJY has grown and is profitable, but its revenue growth rate is decelerating.
I’ll provide an update when we learn more IPO details from management.
Company & Technology
Wuxi, Jiangsu Province, China-based Skillful was founded to provide primarily vocational education for a wide range of subjects including