EpicQuest Education Enters into New Agreement for its Unique Foundational Programs
Once Fully Enrolled, EEIQ’s Foundational Programs Represent a Revenue Stream of at Least $3.4 Million per Year Starting in 2025
MIDDLETOWN, Ohio, May 14, 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 its owned and operated Davis University (“Davis”) entered into a Cooperation Agreement (the “Agreement”) with Shanghai Jiao Tong University to establish a foundational program on one of its main campuses. Davis’ foundational programs constitute a course of study for students to acquire the skills needed for admission into Davis for its bachelor’s degree programs. The Agreement is effective from May 8, 2024 through December 31, 2026. This program is expected to provide the Company with an additional sustainably growing revenue stream over the next three years.