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Skillful Craftsman Education Technology ( (EDTK) ) has issued an announcement.
On March 25, 2026, Skillful Craftsman Education Technology Limited signed a Securities Purchase Agreement with Hong Kong–based investor Xuejun Ji to raise US$3 million through the sale of 4 million Series B preference shares priced at US$0.75 each. The capital will be received in four installments through March 31, 2027, with corresponding share issuances following each payment.
Each Series B preference share carries 200 votes at shareholder meetings and is convertible into one ordinary share at the holder’s option, a structure that significantly amplifies voting power relative to the cash invested. The creation and issuance of these Series B preference shares had already been cleared by the board and shareholders at an extraordinary general meeting on October 10, 2025, indicating a deliberate move to secure financing while consolidating voting influence in the hands of a key investor.
More about Skillful Craftsman Education Technology
Skillful Craftsman Education Technology Limited is a Cayman Islands–incorporated online education provider focused on vocational and practical skills training, with operations and executive offices based in Shenzhen, China. The company targets learners seeking career-oriented upskilling and leverages digital platforms to deliver its educational content in the Chinese and international markets.
Average Trading Volume: 8,338
Technical Sentiment Signal: Sell
Current Market Cap: $15.93M
See more data about EDTK stock on TipRanks’ Stock Analysis page.