EpicQuest Education Announces Four Agreements to Increase Enrollment at EduGlobal College and Davis University

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[{"type":"text","content":"The New Initiatives Expected to Bolster EEIQ Revenue to Begin this Fiscal Year\nMIDDLETOWN, Ohio, May 2, 2024 /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 it has entered into four agreements intended to increase enrollment and revenue at its owned and operated schools, EduGlobal College and Davis University.\n\n \n \n \n \n \n \n\n \n\"These recently signed agreements reflect distinctive strategies intended to build enrollment at both EduGlobal and Davis,\" commented Zhenyu Wu, Chief Financial Officer of EpicQuest Education. \"The agreements with Saint Paul International Academy leverage our global recruiting in high schools for eventual entry into our two schools. The recruiting agreement with Hetu Education Technology is for our enriched programs at EduGlobal and Davis to help students prepare to achieve their academic goals. Further, it represents a niche recruiting market that aligns with our mission to provide students with practical, career-oriented educations.\"\n\"Our growth strategy of internationalization has resulted in an increase in recruiting from different regions of the world which has been supported by numerous educational collaborations and improved academic programming to better serve our students' needs. We believe that this will result in increased enrollment and revenue at EduGlobal and Davis,\" CFO Zhenyu Wu concluded.\nThe two Memoranda of Understandings (MOUs) between EEIQ's EduGlobal College (\"EduGlobal\") and Davis University (\"Davis\") and Saint Paul International Academy (\"Saint Paul\") stipulates that both EduGlobal and Davis will engage in marketing and recruiting to propel the online dual degree initiative of the Saint Paul program. This entails EEIQ's two schools recruiting globally for this program, as well as to provide academic and English language support for students seeking to apply to St. Paul High School's dual degree program.\nThe dual degree program will enable high school students from around the globe achieve an international high school diploma from the US. The Company believes that this diploma would substantially help such students to continue their academic journeys in...

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