Ruanyun Edai shares surge 23.61% intraday after announcing $100M equity facility with ARC Group.

Ruanyun Edai Technology Inc. surged 23.61% intraday following the announcement of a $100 million equity purchase facility with ARC Group International. The 36-month agreement grants Ruanyun optional access to capital to scale its AI-driven education platforms, expand partnerships, and navigate market volatility, while emphasizing no obligation to issue shares. Management highlighted the facility’s role in maintaining financial flexibility as a recently listed public company, aligning with its growth strategy in educational AI. The news, released during trading hours, reinforced investor confidence in the firm’s capital management and long-term technological investment plans, directly correlating with the sharp intraday price increase.