Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F ☒ Form 40-F ☐
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ☐
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ☐
Entry into a Definitive Agreement
On February 1, 2022, China Liberal Education Holdings Limited (the “Company”) entered into a stock purchase agreement with Wanwang Investment Limited, Xiaoshi Huang, and Thrive Shine Limited, to acquire all the equity interests of Wanwang Investment Limited from Xiaoshi Huang and Thrive Shine Limited in consideration for US$60 million, subject to certain adjustment and installment schedules. Wanwang Investment Limited, through its subsidiaries, operates an independent three-year college and a four-year college. Closing of the transaction contemplated by the stock purchase agreement is expected to occur on February 10, 2022. A copy of the Stock Purchase Agreement is attached hereto as Exhibit 1.1.
On February 3, 2022, the Company issued a press release announcing the entry into the stock purchase agreement. A copy of the press release is filed as Exhibit 99.1 to this Form 6-K.
Pursuant to the requirements of the Securities and Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
China Liberal Education Holdings Limited
Date: February 3, 2022
By:
/s/ Ngai Ngai Lam
Ngai Ngai Lam
Chief Executive Officer and
Chairperson of the Board of Directors
4
We use cookies on this site to provide a more responsive and personalized service. Continuing to browse, clicking I Agree, or closing this banner indicates agreement. See our Cookie Policy for more information.
