#None #Bright Scholar #Education Holdings #Merger #Cambridge, England and Foshan, China

Bright Scholar Education Holdings Completes Going Private Transaction

Bright Scholar Education Holdings Limited (NYSE: BEDU), a leading global education service provider, has officially completed its going private transaction through a merger with Bright Education Mergersub Limited, an exempt company established in the Cayman Islands. This move, detailed in the previously disclosed merger agreement dated October 13, 2025, has transformed Bright Scholar into a wholly owned subsidiary of Excellence Education Investment Limited, based in the British Virgin Islands.

The completion of this merger marks a significant strategic shift for Bright Scholar, which is known for delivering quality international educational services to students worldwide. The terms of the merger stipulate that at the effective time, American Depository Shares (ADS) representing shares of Bright Scholar will be canceled in exchange for cash compensation. Shareholders receive $2.30 per ADS, minus a cancellation fee, while each outstanding ordinary share will be compensated at a rate of $0.575 per share.

This privatization will allow Bright Scholar to focus on its core competencies without the pressures of being publicly traded. Following the merger, the company has initiated processes to suspend the trading of its ADS on the New York Stock Exchange. A Form 25 has been submitted to the Securities and Exchange Commission (SEC) to facilitate this delisting, with the expected deregistration taking effect 90 days post-filing.

The decision to go private aligns with Bright Scholar's aims to enhance operational efficiency and prioritize long-term growth strategies. Moreover, as part of the merger's conditions, the company has terminated its existing share incentive plans, ensuring a streamlined approach to managing equity that is not clouded by public market obligations.

As a globally recognized entity, Bright Scholar has played a vital role in shaping the academic journeys of students across various international platforms. With the completion of this transaction, the company intends to enhance its services, maintaining a focus on delivering essential skill sets and academic foundations critical for student success.

The move also indicates a broader trend within the education sector, where companies are reassessing their operational models in response to changing market conditions and the growing demand for quality education. By eliminating the affiliation with public stock exchanges, Bright Scholar can shift resources toward improving service delivery and expanding its educational offerings.

The leadership at Bright Scholar remains optimistic about the future, believing this strategic repositioning will attract new opportunities and partnerships that contribute to its mission of providing exceptional education services. Through this transition, Bright Scholar aims to reaffirm its commitment to students and educational excellence.

About Bright Scholar Education Holdings Limited

Bright Scholar is a premier global education service provider that caters to international students, equipping them with the necessary academic skills for higher education pursuits. For further details, interested parties are encouraged to visit their official website at Bright Scholar.

Safe Harbor Statement

This announcement contains forward-looking statements that may present risks and uncertainties. Factors influencing actual results include but are not limited to market conditions, operational effectiveness, and broader economic factors. The company does not invest obligations to update forward-looking statements but will comply as required by law.