Press Releases from Flex Class Holdings (11 total)
Flex Class Edustars Security Token Contract Goes Live
Flex Class, the world’s first artificial intelligence based online education business has went live with its token creation on the Ethereum blockchain (ERC20) for its proposed $250 million security token offering under the brand “Edustars”. The Edustars token contract can be reviewed by using the following URL: “https://etherscan.io/address/0xbf45f0c4c544a99550a91971eee67dae29dee98b”
Flex Class has created 19.03 billion Edustars tokens priced at $0.75 each (Symbol: EDST) which will be offered to the public when…
Flex Class Holdings Secures $50 Million Funding
Flex Class Holdings Inc. has secured an investment of US $50 million (INR 360 crore) from the non-US accredited investors against its proposed security tokens. The funding was facilitated by EGW Capital India.
The company has filed Form D with the Securities & Exchange Commission (SEC) and is still seeking to raise another US $10 million.
The company is proposing to launch Securities Token Offering (STO) of $100 million in the last…
Flex Class In Talks To Acquire Edustars Tokens
Flex Class Holdings has officially initiated the process of acquiring Edustars tokens for its proposed Initial Coin Offering (ICO) for an undisclosed amount. The transaction mainly involves right over its brand name and the domain name Edustars.io.
Flex Class Holdings, a $15 billion (INR 109,000 crore) online education company is proposing ICO from over a year.
On the basis of anonymity, a person closer to the transaction estimates the deal value at…
Flex Class External Shareholders To Float PE Fund Headed By Rahul Kumar
Flex Class Holdings is all set to sell 65% equity to a undisclosed private equity company, the negotiations are on and the deal is well kept under the wraps, all waiting to be announced in the last week of June. The founders are constantly traveling between Dubai and New York to seal the deal in the best interest of all stakeholders.
Flex Class earlier wanted to sell 48% equity, but few…
Flex Class Holdings Inc. Gain $3 bn Market Cap In Three Days
Flex Class Holdings Inc., a leading online educational content development company which lost around $38 bn in market cap since early 2018 has gained back $3 bn market cap in the last three days on account of fresh buying and short covering in its stock.
Last week, the company’s market cap dipped below $1 bn on the OTC Premarkets on account of heavy short selling and bulk exit by the investors,…
Flex Class To Dissolve Its Corporate Shell, Adopts Blockchain
Flex Class Holdings Inc. in a board meeting held in Dubai on January 3, 2018 has approved the dilution of its corporate holding structure in the United States and will now permanently adopt token economy structure on the blockchain.
The company has plans to setup a educational marketplace where its issued tokens will be a legal tender and will become an integral part of its internal business economy. Post adoption of…
Flex Class Cancels IPO Plans Opts For Reverse Merger
Flex Class Holdings, the leading online skill development company has called off its plans for an IPO on the US markets and has opted for the reverse merger or a reverse IPO. The company is choosing between US and UK stock exchange. The company is also planning a initial coin offering.
Under this Flex Class Holdings will acquire majority interest or shareholding in the already listed entity and will begin trading…
Flex Class Is Now The Most Valuable Online Education Startup
In January 2015, Flex Class started its journey with a passionate dream of providing online english tutoring. In those days, Flex Class never had any readymade english content but only a bunch of english instructors who used to provide classes over skype or other similar softwares.
“The uniqueness of the content was always there, we kept our content original and interactive. We still believe in the instructor based online tutoring model…
Flex Class Holdings Adopts Blockchain Technology
Flex Class Holdings, the world’s leading online skill development company working directly with the 14 countries of the world purely on the contractual basis, promoting online MBA and skill development programs has fully adopted blockchain technology and will restructure its business for the enhanced web presence.
The equity shares of Flex Class Holdings currently trades on the OTC Premarkets and has a valuation of close to US $7 billion. The annual…
Flex Class Holdings Inc. Now Operates on a Business Model to Refund Fees to Its …
Flex Class Holdings Inc. has secured equity funding of US $1.22 million from the Dubai based technology investor. This funding is a part of US $6.90 million equity offering which the company announced on April 12, 2017, out of which the company was able to sell 82.36% of the offered shares thus raised US $5.68 million (@US $21.61 per share). The remaining portion was subscribed on May 5, 2017 and…
Edtech Startup Flex Class Holdings Raises US $5.68 Million From PIPE Investors
A consortium of PIPE investors from Singapore has confirmed US $5.68 million or INR (Indian National Rupee) 36.92 crore investment in the Flex Class Holdings Inc., an online marketplace for the skill development programs focusing on the emerging markets of India, Thailand and Africa.
Flex Class Holdings Inc. offered shares worth US $6.90 million to the investors, but the investors ended up subscribing US $5.68 million worth of shares, 82.32% of…
