The New Recruiting Initiative has the Potential to Bring 525 Students from these Regions into Davis University over the Term of the Agreement

MIDDLETOWN, Ohio, May 7, 2025 /PRNewswire/ -- EpicQuest Education Group International Limited (NASDAQ: EEIQ), (“EpicQuest Education”, “EEIQ” or the “Company”), a provider of higher education for domestic and international students in the US, Canada and the UK, today announced that on May 1, 2025, its owned and operated Davis University (“Davis”) entered into an Agency Agreement (the “Agreement”) with MSM Unify to drive student recruitment from Africa and the Middle East on behalf of Davis University.

Jianbo Zhang, Chief Executive Officer of EpicQuest Education, commented, “We are excited to announce our recruiting agreement with MSM Unify, a leading international student recruiter whom we believe can further add to our international students from China and India at Davis University with new students from Africa and the Middle East. We believe that this is a cost-effective strategy for Davis since MSM Unify has both the infrastructure and knowhow to reach students and families in these new regions.”

“MSM Unify provides extensive student recruiting services such as applications, study permits and visa support which can increase conversion rates, and its data-driven recruiting can facilitate the understanding of student preferences. As Africa and the Middle East represent high-growth student populations, we are keen to develop this student recruitment pool as it will increase our student enrollment at Davis. We also believe that a more diversified student body improves a campus learning environment, enhances students’ social experiences and helps all of Davis’ students succeed in the global job marketplace,” CEO Jianbo Zhang concluded. 

Davis has engaged MSM Unify as its exclusive agency to recruit prospective students from Africa and the Middle East to enroll in Davis’ on-campus associate and bachelor degree programs. Davis will consider these applicants for admission to these programs and will only accept those students who meet its academic and English language proficiency requirements. As part of the Agreement, MSM Unify will deploy the resources and strategic expertise of its Global Market Office (“GMO”) that comprises comprehensive marketing and student support services to optimize the success of its efforts.

“This partnership is a natural extension of our mission at MSM — to connect the world’s learners with high-quality institutions and support them at every stage of their journey. Davis University’s commitment to global inclusivity and student success aligns perfectly with our values, and we’re excited to open doors for students across Africa and the Middle East,” said Sanjay Laul, Founder of MSM Group.

EpicQuest Education’s Mission of Internationalization

The Company believes that internationalization is a key element of its strategic growth plan. EpicQuest Education’s growth plan is to have its operated colleges, Davis University and EduGlobal College, become increasingly focused on international recruiting and enhanced globalized learning to its students as well as pathways to achieve university degrees. The Company’s strategic growth plan is to achieve international expansion and establish EpicQuest Education as a truly international service provider of higher learning.

MSM Unify

MSM Unify is a student marketplace that connects students with educational institutions and recruitment partners worldwide. MSM Unify provides a service that helps educational institutions reach the world’s learners and provides them with a host of options when it comes to their education. MSM Unify represents universities in the US, Canada, the UK, Australia and Europe, connecting students from around the world. Headquartered in Canada, MSM Unify has a strong presence in South Asia, Southeast Asia, Africa, and Latin America. For more information, please visit https://www.msmunify.com.

 About EpicQuest Education Group International Limited

EpicQuest Education Group International Limited ("EpicQuest Education" or the "Company”) provides comprehensive education solutions for domestic and international students seeking university and University degrees in the US, Canada and the UK. The Company owns and operates EduGlobal University, based in British Columbia, Canada, which focuses on English proficiency educational programming for students pursuing academic degrees. The Company operates and is a 70% owner of Davis University, a career training University located in Toledo, Ohio. In addition, the Company has a recruiting relationship with the Miami University Regional campuses, where it maintains residential facilities, a full-service cafeteria, recreational facilities, shuttle buses and an office for the regional campuses that provides study abroad and post-study services for its students; these facilities are not owned, maintained, operated or are a part of Miami University. The Company is also a recruiting agent for the University of the West of Scotland (through The Education Group (London) Ltd) and Coventry University, both of which are located in the UK. EpicQuest Education recently established a wholly owned subsidiary, Gilmore Inv LLC, in Ohio, that will offer international educational programs related to kinesiology and recreation education. The Company also established a company in Ohio, SouthGilmore LLC that has been formed to organize sports-related entertainment projects, which is 40% owned by Gilmore. For more information, please visit www.epicquesteducation.com.

Safe Harbor Statement

Certain of the statements made in this press release are “forward-looking statements” within the meaning and protections of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements in this press release include, without limitation, the number of potential students that may be enrolled from the initiatives to be implemented by the Agreement. Forward-looking statements include statements with respect to our beliefs, plans, objectives, goals, expectations, anticipations, assumptions, estimates, intentions, and future performance, and involve known and unknown risks, uncertainties and other factors, which may be beyond our control, and which may cause the actual results, performance, capital, ownership or achievements of the Company to be materially different from future results, performance or achievements expressed or implied by such forward-looking statements. All statements other than statements of historical fact are statements that could be forward-looking statements. You can identify these forward-looking statements through our use of words such as “may,” “will,” “anticipate,” “assume,” “should,” “indicate,” “would,” “believe,” “contemplate,” “expect,” “estimate,” “continue,” “plan,” “point to,” “project,” “could,” “intend,” “target” and other similar words and expressions of the future.

All written or oral forward-looking statements attributable to us are expressly qualified in their entirety by this cautionary notice, including, without limitation, those risks and uncertainties described in our most recent Form 20-F and otherwise in our SEC reports and filings. Such reports are available upon request from the Company, or from the Securities and Exchange Commission, including through the SEC’s Internet website at http://www.sec.gov. We have no obligation and do not undertake to update, revise or correct any of the forward-looking statements after the date hereof, or after the respective dates on which any such statements otherwise are made. 

Contacts:

EpicQuest Education Group International Limited
+1 513-649-8350
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Investor Relations:

Precept Investor Relations LLC
David Rudnick
+1 646-694-8538
This email address is being protected from spambots. You need JavaScript enabled to view it.

Source: EpicQuest Education Group International Limited

The Foundational Programs in Students’ Home Countries Provides
Robust Revenue Potential and Increases Student Enrollment

MIDDLETOWN, Ohio, March 26, 2025 /PRNewswire/ -- EpicQuest Education Group International Limited (NASDAQ: EEIQ), (“EpicQuest Education”, “EEIQ” or the “Company”), a provider of higher education for domestic and international students in the US, Canada and the UK, today announced that its owned and operated Davis University (“Davis”) entered into a Contract Agreement (the “Agreement”) with South China University of Technology for the Company to establish a foundational program on its University Town Campus, one its three main campuses. The Agreement is effective until January 2027.

Jianbo Zhang, Chief Executive Officer of EpicQuest Education, commented, “Our foundational programs represent a distinct revenue stream for the Company in addition to our other sources of revenue including revenue generated from our US and Canada-based institutions. Our Agreement with South China University of Technology is our third foundational program in China, and it is a first-class and internationally renowned university.”

CEO Jianbo Zhang continued, “The two-year foundational program enables students to attend their following two years on Davis’ Toledo, Ohio campus where they can apply their course credits to achieve a four-year bachelor’s degree. It can also serve as a means of admission to one of Davis’ pathway programs that enables our students to transfer to top schools. We believe that creating options for our students to chart their academic journeys and achieve their career goals is of paramount importance,” CEO Jianbo Zhang concluded.

EpicQuest Education’s Sources of Revenue

International Students Studying in North America: Comprises students from foreign countries that are enrolled in Davis University and EduGlobal College International Students Studying in the Home Countries: Comprises students enrolled in the Company’s foundational programs Domestic Students: Comprises students studying at Davis and EduGlobal as well as recruiting activities for the Miami University Regionals Student Services: Comprises residential and other fees from on-campus attendance

Davis’ foundational programs constitute a course of study for students to acquire the skills needed for Davis’ bachelor’s degree programs, as well as pathways for admission to other US universities. The Company also has foundational programs at Peking University and Shanghai Jiao Tong University, both of which are elite universities in China.

For South China University of Technology, each incoming class for the foundational program is expected to consist of approximately 120 students. The foundational program at South China University of Technology is expected to launch in the Fall of 2025 semester. The program has already begun to enroll students, and enrollment is expected to accelerate following China’s national entrance examination for higher education in early June 2025.

EpicQuest Education’s Mission of Internationalization

The Company believes that internationalization is a key element of its strategic growth plan. EpicQuest Education’s growth plan is to have its operated colleges, Davis University and EduGlobal College, become increasingly focused on international recruiting and enhanced globalized learning to its students as well as pathways to achieve university degrees. The Company’s strategic growth plan is to achieve international expansion and establish EpicQuest Education as a truly international service provider of higher learning.

About South China University of Technology

South China University of Technology (“SCUT”) is a prestigious public research university located in Guangzhou, China. SCUT has grown into one of China's leading universities, recognized for its excellence in a wide array of notable academic programs; it ranks among the top universities in China and is internationally recognized, particularly for its engineering programs. Popular programs include Computer Science, Civil Engineering, Materials Science, International Economics, and Artificial Intelligence. SCUT also fosters global partnerships with over 50 institutions worldwide, promoting student exchanges and joint research. SCUT hosts over 39,000 students, including more than 2,000 international students from over 100 countries. For more information, please visit https://www.scut.edu.cn/en/.

About EpicQuest Education Group International Limited

EpicQuest Education Group International Limited ("EpicQuest Education" or the "Company”) provides comprehensive education solutions for domestic and international students seeking university and University degrees in the US, Canada and the UK. The Company owns and operates EduGlobal University, based in British Columbia, Canada, which focuses on English proficiency educational programming for students pursuing academic degrees. The Company operates and is a 70% owner of Davis University, a career training University located in Toledo, Ohio. In addition, the Company has a recruiting relationship with the Miami University Regional campuses, where it maintains residential facilities, a full-service cafeteria, recreational facilities, shuttle buses and an office for the regional campuses that provides study abroad and post-study services for its students; these facilities are not owned, maintained, operated or are a part of Miami University. The Company is also a recruiting agent for the University of the West of Scotland (through The Education Group (London) Ltd) and Coventry University, both of which are located in the UK. EpicQuest Education recently established a wholly owned subsidiary, Gilmore Inv LLC, in Ohio, that will offer international educational programs related to kinesiology and recreation education. The Company also established a company in Ohio, SouthGilmore LLC that has been formed to organize sports-related entertainment projects, which is 40% owned by Gilmore. For more information, please visit www.epicquesteducation.com/.

Safe Harbor Statement

Certain of the statements made in this press release are “forward-looking statements” within the meaning and protections of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements in this press release include, without limitation, the expected enrollment in its foundational programs, and the increased revenue expected from such programs. Forward-looking statements include statements with respect to our beliefs, plans, objectives, goals, expectations, anticipations, assumptions, estimates, intentions, and future performance, and involve known and unknown risks, uncertainties and other factors, which may be beyond our control, and which may cause the actual results, performance, capital, ownership or achievements of the Company to be materially different from future results, performance or achievements expressed or implied by such forward-looking statements. All statements other than statements of historical fact are statements that could be forward-looking statements. You can identify these forward-looking statements through our use of words such as “may,” “will,” “anticipate,” “assume,” “should,” “indicate,” “would,” “believe,” “contemplate,” “expect,” “estimate,” “continue,” “plan,” “point to,” “project,” “could,” “intend,” “target” and other similar words and expressions of the future.

All written or oral forward-looking statements attributable to us are expressly qualified in their entirety by this cautionary notice, including, without limitation, those risks and uncertainties described in our most recent Form 20-F and otherwise in our SEC reports and filings. Such reports are available upon request from the Company, or from the Securities and Exchange Commission, including through the SEC’s Internet website at http://www.sec.gov. We have no obligation and do not undertake to update, revise or correct any of the forward-looking statements after the date hereof, or after the respective dates on which any such statements otherwise are made.

Contacts:

EpicQuest Education Group International Limited
+1 513-649-8350
This email address is being protected from spambots. You need JavaScript enabled to view it.

Investor Relations:
Precept Investor Relations LLC
David Rudnick
+1 646-694-8538
This email address is being protected from spambots. You need JavaScript enabled to view it.

Source: EpicQuest Education Group International Limited

###

MIDDLETOWN, Ohio, March 7, 2025 /PRNewswire/ -- EpicQuest Education Group International Limited (NASDAQ: EEIQ), (“EpicQuest Education”, “EEIQ” or the “Company”), a provider of higher education for domestic and international students in the US, Canada and the UK, announced that it received a delinquency notification letter (the “Letter”) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) on March 5, 2025 indicating that the Company is not currently in compliance with the minimum bid price requirement set forth in Nasdaq’s Listing Rules for continued listing on the Nasdaq Capital Market, as the closing bid price for the Company’s common shares listed on the Nasdaq Capital Market was below $1.00 per share for 30 consecutive business days. Nasdaq Listing Rule 5550(a)(2) requires listed securities to maintain a minimum bid price of $1.00 per share, and Nasdaq Listing Rule 5810(c)(3)(A) provides that a failure to meet the minimum bid price requirement exists if the deficiency continues for a period of 30 consecutive business days.

The Letter provides that the Company has a period of 180 calendar days from the date of the Letter, or until September 1, 2025, to regain compliance with the minimum bid price requirement. If at any time before September 1, 2025, the bid price of the Company’s common shares closes at or above $1.00 per share for a minimum of 10 consecutive business days, Nasdaq will provide written confirmation of compliance to the Company.

In the event that the Company does not regain compliance by September 1, 2025, the Company may be eligible for additional time to regain compliance. To qualify, the Company would be required to meet the continued listing requirement for market value of publicly held shares and all other initial listing standards for the Nasdaq Capital Market, except for the minimum bid price requirement. In addition, the Company would be required to notify Nasdaq of its intent to cure the deficiency during the second compliance period.

The receipt of the Letter has no immediate effect on the listing of the Company’s common shares, which will continue to trade uninterrupted on the Nasdaq under the ticker “EEIQ.”

About EpicQuest Education Group International Limited

EpicQuest Education Group International Limited ("EpicQuest Education" or the "Company”) provides comprehensive education solutions for domestic and international students seeking university and University degrees in the US, Canada and the UK. The Company owns and operates EduGlobal University, based in British Columbia, Canada, which focuses on English proficiency educational programming for students pursuing academic degrees. The Company operates and is a 70% owner of Davis University, a career training University located in Toledo, Ohio. In addition, the Company has a recruiting relationship with the Miami University Regional campuses, where it maintains residential facilities, a full-service cafeteria, recreational facilities, shuttle buses and an office for the regional campuses that provides study abroad and post-study services for its students; these facilities are not owned, maintained, operated or are a part of Miami University. The Company is also a recruiting agent for the University of the West of Scotland (through The Education Group (London) Ltd) and Coventry University, both of which are located in the UK. EpicQuest Education recently established a wholly owned subsidiary, Gilmore Inv LLC, in Ohio, that will offer international educational programs related to kinesiology and recreation education. The Company also established a company in Ohio, SouthGilmore LLC that has been formed to organize sports-related entertainment projects, which is 40% owned by Gilmore. For more information, please visit www.epicquesteducation.com/.

 

Safe Harbor Statement

Certain of the statements made in this press release are “forward-looking statements” within the meaning and protections of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements include statements with respect to our beliefs, plans, objectives, goals, expectations, anticipations, assumptions, estimates, intentions, and future performance, and involve known and unknown risks, uncertainties and other factors, which may be beyond our control, and which may cause the actual results, performance, capital, ownership or achievements of the Company to be materially different from future results, performance or achievements expressed or implied by such forward-looking statements. All statements other than statements of historical fact are statements that could be forward-looking statements. You can identify these forward-looking statements through our use of words such as “may,” “will,” “anticipate,” “assume,” “should,” “indicate,” “would,” “believe,” “contemplate,” “expect,” “estimate,” “continue,” “plan,” “point to,” “project,” “could,” “intend,” “target” and other similar words and expressions of the future.

All written or oral forward-looking statements attributable to us are expressly qualified in their entirety by this cautionary notice, including, without limitation, those risks and uncertainties described in our most recent Form 20-F and otherwise in our SEC reports and filings. Such reports are available upon request from the Company, or from the Securities and Exchange Commission, including through the SEC’s Internet website at http://www.sec.gov. We have no obligation and do not undertake to update, revise or correct any of the forward-looking statements after the date hereof, or after the respective dates on which any such statements otherwise are made.

 

 

Contacts:

 

EpicQuest Education Group International Limited
+1 513-649-8350
This email address is being protected from spambots. You need JavaScript enabled to view it.

 

Investor Relations:

Precept Investor Relations LLC

David Rudnick
+1 646-694-8538
This email address is being protected from spambots. You need JavaScript enabled to view it.

 

Source: EpicQuest Education Group International Limited

The Agreement is a Key Element of EEIQ’s Growth Plan of Internationalization

MIDDLETOWN, Ohio, March 5, 2025 /PRNewswire/ -- EpicQuest Education Group International Limited (NASDAQ: EEIQ), (“EpicQuest Education”, “EEIQ” or the “Company”), a provider of comprehensive education solutions for domestic and  international students seeking college and university degrees in the US, Canada and the UK, today announced that on March 3, 2025, EduGlobal College (“EduGlobal”) entered into an agreement (the “Agreement”) with Northern Lights College (“Northern Lights”). The Agreement is designed to provide an expanded pathway for international students seeking to transition from English language studies at EduGlobal to diploma and degree programs at Northern Light’s campuses in British Columbia.  

Jeff Romonko, Vice President of Operations and Strategic Development of EduGlobal College, commented, “We are pleased to enter into this Agreement as it furthers our mission of providing our international students with the best possible options to further their academic journeys and professional development. EduGlobal is renowned for providing the very best of English proficiency courses, providing international students the linguistic skill set needed in both academic and professional settings.” 

“The Agreement is expected to provide expansive international recruitment opportunities for EduGlobal while also supporting Northern Light’s enrollment efforts. Students completing the English for Academic Purposes (EAP) program at EduGlobal will gain the academic preparation and language proficiency necessary for success in Northern Light’s diploma programs in such fields as business and technology. We feel strongly that our greatest reward is the ongoing success of our students and their ability to find fulfillment in their personal and professional lives,” EduGlobal’s Jeff Romonko concluded. 

Under the Agreement, EduGlobal’s EAP program will serve as an approved pathway for students to meet the English language proficiency requirements for admission into Northern Light’s diploma programs. Further, students who successfully complete EduGlobal’s EAP Level 2 program will be eligible to enroll directly in programs at Northern Lights without the need for additional standardized language testing. 

EpicQuest Education’s Strategy of Internationalization

EpicQuest Education’s strategic growth plan is to achieve sustainable growth through internationalization through its owned and operated Davis University and EduGlobal College. The two schools have become increasingly focused on international recruiting and enrollment as they provide enhanced globalized learning to their students as well as pathways to achieve university degrees. The Company’s foundational programs essentially exports its academic programming internationally at an affordable cost: international students can study in their home countries while earning course credits prior to their attendance at the Company’s two institutions of higher learning in the US and Canada. A vital component of EpicQuest Education’s strategic growth plan is to become increasingly engaged with international collaborations in order to leverage its distinct academic programming and unique culture of learning. 

About Northern Lights College

Northern Lights College (“Northern Lights”) is a public college located in Northern British Columbia, Canada. Its programs provide students with a diverse range of in-person and online courses for a successful transition into further education and the workforce. Northern Lights currently has campuses, access and training centers in seven communities across the northern third of British Columbia, with administration located at the Dawson Creek campus. Northern Lights is a member of British Columbia Colleges, a provincial group made up of 11 colleges that has a long history of collaboration with industry, employers, communities and policy makers. Northern Lights is named after the Aurora Borealis that are often seen throughout its region.  For more information, please visit https://www.nlc.bc.ca/.

About EduGlobal College

EduGlobal College is a private college located in the Metro Vancouver area, British Columbia. EduGlobal College provides English language programs for international students who are seeking academic and career advancement and specializes in English for Academic Purposes (EAP) programs that focus on helping international students acquire the advanced competencies in academic English necessary for them to complete their degree programs. In tandem with its EAP program, EduGlobal College offers first-year university courses and a Master’s Academic Preparation Program to help prepare international students who have completed a bachelor’s degree and aspire to pursue graduate studies at a Canadian university. EduGlobal College also offers students an innovative model for bridging the gap between private and public sector post-secondary education in Canada through its pathway programs. EduGlobal College is approved by The Private Training Institutions Branch (PTIB) of the Ministry of Advanced Education and Skills Training in the Province of British Columbia. For more information, please visit https://eduglobalcollege.com/. 

About EpicQuest Education Group International Limited 

EpicQuest Education Group International Limited (“EpicQuest Education” or the “Company”) provides comprehensive education solutions for domestic and international students seeking university and college degrees in the US, Canada and the UK. The Company owns and operates EduGlobal College, based in British Columbia, Canada, which focuses on English proficiency educational programming for students pursuing academic degrees. The Company operates and is a 70% owner of Davis College, a career training college located in Toledo, Ohio. In addition, the Company has a recruiting relationship with the Miami University Regional campuses, where it maintains residential facilities, a full-service cafeteria, recreational facilities, shuttle buses and an office for the regional campuses that provides study abroad and post-study services for its students; these facilities are not owned, maintained, operated or are a part of Miami University. The Company is also a recruiting agent for the University of the West of Scotland (through The Education Group (London) Ltd) and Coventry University, both of which are located in the UK. EpicQuest Education has also established a wholly owned subsidiary, Gilmore Inv LLC, in Ohio, that will offer international educational programs related to kinesiology and recreation education. The Company also established a company in Ohio, SouthGilmore LLC that has been formed to organize sports-related entertainment projects, which is 40% owned by Gilmore. For more information, please visit www.epicquesteducation.com/.

Safe Harbor Statement

Certain of the statements made in this press release are “forward-looking statements” within the meaning and protections of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements include statements with respect to our beliefs, plans, objectives, goals, expectations, anticipations, assumptions, estimates, intentions, and future performance, and involve known and unknown risks, uncertainties and other factors, which may be beyond our control, and which may cause the actual results, performance, capital, ownership or achievements of the Company to be materially different from future results, performance or achievements expressed or implied by such forward-looking statements. All statements other than statements of historical fact are statements that could be forward-looking statements. You can identify these forward-looking statements through our use of words such as “may,” “will,” “anticipate,” “assume,” “should,” “indicate,” “would,” “believe,” “contemplate,” “expect,” “estimate,” “continue,” “plan,” “point to,” “project,” “could,” “intend,” “target” and other similar words and expressions of the future.

All written or oral forward-looking statements attributable to us are expressly qualified in their entirety by this cautionary notice, including, without limitation, those risks and uncertainties described in our most recent Form 20-F and otherwise in our SEC reports and filings. Such reports are available upon request from the Company, or from the Securities and Exchange Commission, including through the SEC’s Internet website at http://www.sec.gov. We have no obligation and do not undertake to update, revise or correct any of the forward-looking statements after the date hereof, or after the respective dates on which any such statements otherwise are made.

Contacts:

EpicQuest Education Group International Limited
+1 513-649-8350
This email address is being protected from spambots. You need JavaScript enabled to view it.

 

Investor Relations:

Precept Investor Relations LLC

David Rudnick
+1 646-694-8538
This email address is being protected from spambots. You need JavaScript enabled to view it.

 

 

 

Source: EpicQuest Education Group International Limited