Everybody Loves Languages Agrees to Go-Private Deal with ELL Ventures

The latest update is out from Lingo Media ( (TSE:ELL) ).

Everybody Loves Languages Corp. has entered into a business combination agreement with ELL Ventures Ltd. under which all public shareholders, other than ELL Ventures, will receive cash consideration of $0.085 per share and the company will amalgamate with ELL Ventures to form a new private entity. The related-party transaction, led by a vehicle controlled by the company’s CEO and CFO, is subject to minority and two-thirds shareholder approval, regulatory clearances and financing conditions, and, if completed, will see the company delist from the TSX Venture Exchange, effectively taking it private and providing an exit for minority investors at a defined cash value.

The most recent analyst rating on (TSE:ELL) stock is a Buy with a C$0.09 price target. To see the full list of analyst forecasts on Lingo Media stock, see the TSE:ELL Stock Forecast page.

Spark’s Take on TSE:ELL Stock

According to Spark, TipRanks’ AI Analyst, TSE:ELL is a Neutral.

The score is primarily supported by improved profitability and positive cash generation alongside a very conservative, debt-free balance sheet. Offsetting this is a mixed technical setup with an extended RSI and negative MACD, plus historical volatility in revenue, margins, and cash flow that reduces confidence in durability. Valuation helps due to the low P/E.

To see Spark’s full report on TSE:ELL stock, click here.

More about Lingo Media

Everybody Loves Languages Corp. is a Toronto-based edtech company focused on language-learning “edutainment” and content development, delivering digital products and services aimed at helping users learn new languages through engaging, technology-driven platforms.

Average Trading Volume: 135,808

Technical Sentiment Signal: Buy

Current Market Cap: C$2.78M

Learn more about ELL stock on TipRanks’ Stock Analysis page.