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Company:
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NAAS TECHNOLOGY INC. (NAAS)
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Form Type:
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SC 13D
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Filing Date:
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6/23/2022
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CIK:
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0001712178
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Address:
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NEWLINK CENTER, AREA G, BLDG. 7,HUITONG
TIMES SQUARE, NO.1 YAOJIAYUAN SOUTH RD,
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City, State, Zip:
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CHAOYANG DISTRICT, BEIJING, 100024
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Telephone:
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861085511066
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Last Trade
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Last Trade:
$6.63
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Change:
0.24 (3.76%)
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Trade Time:
Jun 27
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Market Cap:
$157.13M
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Description of Business
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In July 2013, Bain Capital Rise Education II Cayman Limited, or RISE Education,
was incorporated as an exempted company under the laws of the Cayman Islands,
and it was renamed as RISE Education Cayman Ltd in June 2017.
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Table of Contents
In July 2013, Rise IP (Cayman) Limited ("Rise IP"), was incorporated as an
exempted company under the laws of the Cayman Islands. Subsequently, a number of
RISE's wholly owned subsidiaries were established to acquire Rise IP and certain
operating assets and entered into a series of contractual arrangements with
Beijing Step Ahead Education Technology Development Co., Ltd. (the "VIE"), its
schools and its shareholders. As a result, the VIE and its subsidiaries and
schools became RISE's consolidated entities.
We listed our ADSs on the Nasdaq Global Market under the symbol "REDU" on
October 20, 2017.
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