NEWS:EastBridge Investment Group's Client, Wonder Education Group, Signs Agreement for $10 Million Capital Raise Date : 03/12/2010 @ 7:30AM
Source : MarketWire
Stock : EastBridge Investment Group (EBIG)
Quote : 0.17 0.0 (0.00%) @ 2:05AM
EastBridge Investment Group's Client, Wonder Education Group, Signs Agreement for $10 Million Capital Raise
PHOENIX, AZ -- (Marketwire)
03/12/10
EastBridge Investment Group (EBIG) (OTCBB: EBIG) today announced that its client, Wonder Education Group, has successfully entered into a funding agreement with a leading investment banking firm in New York to raise up to $10,000,000.
Mr. ChunGui Xie, Chairman of Wonder, commented, "We are thankful for all the work EastBridge's management has done for us in New York during this road show. Now that National Securities has become our placement agent for our capital raise, we will soon obtain the additional capital to speed the growth of our business."
EastBridge Investment Group focuses on high-growth companies in Asia, offering IPOs, Joint Ventures and Merchant Banking services. The Company targets industries in electronics, real estate, auto, metal, energy, environmental, bioscience and food retail distribution.
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Contact:
Norm Klein
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