Enrollment Increased 218% over Two Years with the Programs Expected to Provide
Revenue of Over $5 Million for the 2025-2026 Academic Year 

TOLEDO, October 9, 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 a record number of students are enrolled in its overseas foundational programs. Enrollment increased to 175 students for the Fall 2025 semester, an increase of 52% as compared to the Fall 2024–2025 academic year, and 218% over the last two years. EpicQuest Education’s foundational programs are a key component of its core mission of internationalization. 

“Foundational programs enable international students to study in their home countries to prepare for overseas study abroad while earning course credits they can use at our Davis University as well as at other top schools in the US,” commented Zhenyu Wu, CFO of EpicQuest Education. “These programs provide high margin revenue to the Company, and we estimate that our current foundational programs will provide an annual revenue stream of at least $5 million for the 2025–2026 academic year.” 

Enrollment in Davis University’s foundational programs grew to 175 students in the Fall of 2025, up from 115 students in the Fall of 2024, and 55 students in the Fall of 2023 — representing a 218% increase over the past two years. Foundational programs are a course of study for international students to acquire the skills needed to ensure their success at colleges and universities. The Company believes that Davis University’s foundational programs represents sustainable revenue since the retention rate of students is close to 100%. In addition to this being a unique revenue stream for EpicQuest Education, the foundational programs creates a potential pool of future students to attend its owned and operated schools. 

Davis University’s foundational program students are enrolled in elite universities. The foundational programs are currently placed on the main campuses of  Shanghai Jiao Tong University and The Chinese University of Hong Kong (Shenzhen), both of which are preeminent universities in China. A total of 131 students are enrolled into these two programs, and 44 students are enrolled through the collaboration between Davis University and Immersion Academy. The Company typically places its own instructors in these programs and collaborates on academic programming for students. 

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 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 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 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 release include, without limitation, the ability of the Company to achieve the expected annual revenue stream of at least $5 million in the 2025-2026 academic year. 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
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Source: EpicQuest Education Group International Limited

TOLEDO, Ohio, September 24, 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 an update of its international student enrollment metrics for Davis University’s Associate Degree programs.

Jianbo Zhang, Chief Executive Officer of EpicQuest Education, commented, “We have become increasingly focused on international recruiting as it is a key element of our strategic growth plan of internationalization. Our international recruiting at Davis University has shown excellent progress over the last three years, and looking forward, we envision further dynamic growth. We believe that our strategy of providing academic programs that lead to good careers represent a solid return on investment for all of our students.”

For the 2023 academic year, Davis University (“Davis”) began recruiting international students for its Associate Degree programs through its collaborations with an educational institution in China. This resulted in the enrollment of 51 international students for the 2023 academic year at Davis. For the second year of this recruiting initiative, 101 international students were enrolled at Davis for the 2024 academic year. For the third year of this recruiting initiative, 267 international students were enrolled at Davis for the 2025 academic year. This represents a 5x growth rate in international Associate Degree student enrollment in just two years. 

Further, the number of educational institutions with whom Davis collaborates on its Associate Degree programs increased from one institution in the past two years to three educational institutions in the current academic year, and this is expected to increase to five collaborating institutions next year. Consequently, the Company estimates that the number of international students enrolled in Davis’ Associate Degree programs for the 2026 academic year will at least double. 

The recruitment of international students for its Associate Degree programs is attributable to the success of Davis’ strategy of internationalization, and it is consistent with the needs of career-oriented education as promoted by the US government. The US government’s support of career-oriented education support is long-standing and bipartisan, with multiple administrations recognizing the need to align education with the demands of the modern workforce. 

About Davis University

Davis University (“Davis”) was founded in 1858 and is a private career-training college located in Toledo, Ohio. Davis offers a specialized professional career training curriculum in numerous fields, and its mission is to provide marketable skills that enhance the employability of its graduates. Davis offers coursework flexibility to ensure program success as well as externship opportunities that provide its student population with real-world skill sets prior to graduation. Davis provides quality career-focused associate degree programs to help students achieve excellent careers in numerous fields that are in high demand. These include programs in Business, Medical, Early Childhood Education, Interior Design, Project Management STEM programs, and Graphic Design. In addition to its associate degree programs, Davis offers Bachelor of Science in Business and Master of Science in Management degree programs. For more information, please visit https://davisuniversity.edu/. 

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 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 future increases in international students enrolled for the 2026 academic year. 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
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Source: EpicQuest Education Group International Limited

EEIQ’s Foundational Programs in Students’ Home Countries
Constitute a Distinct Revenue Stream for the Company

TOLEDO, Ohio, August 28, 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 an agreement with Jishi Holdings (Guangdong) Co. Ltd., established by the School of Artificial Intelligence, the Chinese University of Hong Kong, Shenzhen, for the Company to establish a foundational program on the Shenzhen campus of the Chinese University of Hong Kong. The Agreement is effective until August 31, 2027.

Jianbo Zhang, Chief Executive Officer of EpicQuest Education, commented, “Although the program commenced just this month, we have already admitted 20 students with plans to enroll up to 60 students in this new program. Our foundational programs represent a distinct revenue stream for the Company, and they enable students to study in their home countries to gain the skills needed for study abroad. The agreement represents our fourth foundational program, and all of our programs are with first-class and internationally renowned universities.” 

EEIQ’s Davis University foundational programs constitute a course of study for students to acquire the skills needed for Davis University’s bachelor’s degree programs as well as pathways for admission to other US universities. The Company also has foundational programs  at other elite universities in China. 

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 the Chinese University of Hong Kong, Shenzhen

 The Chinese University of Hong Kong, Shenzhen (CHUK-Shenzhen) offers bilingual education in Chinese and English. The university offers a diverse range of disciplines across eight colleges and a graduate school. The school aims to build an interdisciplinary and innovative world-class platform for teaching and research. CHUK-Shenzhen focuses on cultivating core competencies in fields such as computer science and mathematics, encourages interdisciplinary exploration, and promotes the application of artificial intelligence technologies across a wide range of domains.

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

TOLEDO, Ohio, August 25, 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 it has entered into a securities purchase agreement with institutional investors for the purchase and sale of 5,068,493 ordinary shares (or pre-funded warrants in lieu thereof) in a registered direct offering at a purchase price of $0.73 per share. 

FT Global Capital, Inc. is acting as the exclusive placement agent for the offering.

The closing of the offering is expected to occur on or about August 26, 2025, subject to the satisfaction of customary closing conditions. The gross proceeds from the offering are expected to be approximately $3.7 million before deducting placement agent fees and other offering expenses payable by the Company. The Company intends to use the net proceeds from the offering for working capital and general corporate purposes.

The common stock (or pre-funded warrants in lieu thereof) will be issued in a registered direct offering pursuant to an effective shelf registration statement on Form F-3 (File No. 333-264807) previously filed with the U.S. Securities and Exchange Commission (the "SEC"), under the Securities Act of 1933, as amended (the "Securities Act"), and declared effective by the SEC on November 4, 2022. A prospectus supplement describing the terms of the proposed registered direct offering will be filed with the SEC and once filed, will be available on the SEC's website located at http://www.sec.gov.

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 closing of the offering and the use of the proceeds from the offering. 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