Bright Scholar Education Receives Buyout Proposal from Key Stakeholders

Bright Scholar Education (BEDU) is considering a buyout proposal from key stakeholders led by Chairman Hongru Zhou and CEO Ruolei Niu. The proposed acquisition price is $0.50 per Class A share or $2.00 per ADS, potentially delisting the company from public trading. Investors must weigh the benefits of private management against the liquidity and growth opportunities of public markets.

Bright Scholar Education Holdings Limited (BEDU), a global premier education service company, has received a preliminary non-binding proposal from key stakeholders, including Chairman Hongru Zhou and CEO Ruolei Niu, for a potential buyout. The proposal, dated May 26, 2025, seeks to acquire all outstanding Class A ordinary shares of the company, including those represented by American depositary shares (ADSs), at a purchase price of US$0.50 per share or US$2.00 per ADS in cash. This transaction, if approved, would result in the delisting of the company's ADS from the NYSE.

The proposed price represents a premium of approximately 28.21% to the closing price of the ADSs on May 23, 2025, the last trading day prior to the proposal. Additionally, the price is 23.58% and 18.08% higher than the volume-weighted average closing price of the ADSs over the last 30 and 60 trading days, respectively. The proposal is subject to customary conditions and is intended to be financed with equity and/or debt capital by the Buyer Group, which includes Excellence Education Investment Limited, Ultimate Wise Group Limited, and Sure Brilliant Global Limited.

The Board of Directors has received the proposal and plans to form a special committee consisting of independent and disinterested directors to consider the offer. The committee will retain independent advisors, including financial and legal experts, to assist in the evaluation process. The Board has cautioned shareholders that the proposal is preliminary and that no definitive agreement has been reached or is guaranteed.

Investors must consider the potential benefits of private management and the loss of liquidity that comes with delisting from public trading. The proposal offers a premium to the current share price, which could be attractive to shareholders seeking a quick exit. However, the long-term growth opportunities and liquidity that come with public market trading should also be taken into account.

The Board has not undertaken any obligation to provide updates on the proposal or any other transaction, except as required under applicable law. The proposal is not binding and will only become a definitive agreement upon execution of the necessary documents.

For more information, please visit: [Bright Scholar IR Contact](https://ir.brightscholar.com/)

References:
[1] https://www.prnewswire.com/news-releases/bright-scholar-announces-receipt-of-preliminary-non-binding-going-private-proposal-302466983.html