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Skillful Craftsman Extends $1 Million Promissory Note Maturity to March 2026

Story Highlights
  • Skillful Craftsman operates a China-based online vocational education platform serving skills-focused learners.
  • The company amended $1 million in related-party promissory notes on December 19, 2025, extending their maturity to March 31, 2026 to ease near-term repayment pressure.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Skillful Craftsman Extends $1 Million Promissory Note Maturity to March 2026

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An announcement from Skillful Craftsman Education Technology ( (EDTK) ) is now available.

On December 19, 2025, Skillful Craftsman Education Technology Limited signed an amendment with major shareholder Xuejun Ji, director Peng Wang and chairman and CEO Bin Fu to modify a previously issued set of 6% promissory notes with an aggregate principal of $1 million. The agreement extends the maturity date of these related-party notes by six months, pushing repayment of principal and any accrued interest from September 24, 2025 to March 31, 2026, a move that effectively gives the company additional time to manage its obligations and preserve liquidity while keeping all other note terms in place.

More about Skillful Craftsman Education Technology

Skillful Craftsman Education Technology Limited is a Cayman Islands–incorporated education technology company based in Shenzhen, China. The company operates in the online education and training sector, focusing on vocational and skills-based learning services for students and adult learners in China and potentially other markets.

Average Trading Volume: 7,067

Technical Sentiment Signal: Sell

Current Market Cap: $14.26M

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

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