EastBridge Investment Group (OTCBB: EBIG), a provider of financial services to Asian clients looking to go public on U.S. exchanges, with clients similar to companies like Chinacast Corporation (Nasdaq: CAST) and China Education Alliance, Inc. (NYSE: CEU), reported that its client, Tsingda eEDU cleared SEC requirements and received no further comments.
EastBridge Investment Group (EBIG) (OTC.BB: EBIG) (Pinksheets: EBIG) today announced that its client, Tsingda eEDU, has received no further comments from the SEC about its IPO registration.
Keith Wong, CEO of EastBridge, said, “We are happy to announce that according to Tsingda’s legal team, the SEC has no further comments against Tsingda’s latest IPO registration. Tsingda still needs to notify the SEC and obtain its final clearance after the IPO share price is determined before listing can commence; however, the bulk of the registration work is approved. The IPO underwriter will now assist Tsingda with the formal IPO process and with its application for listing on AMEX, which, once accepted, will lead directly to trading of its stock. We will keep our shareholders informed of Tsingda’s progress with the IPO and AMEX listing. We are keenly aware that everyone wants to see the listing as soon as possible and we will issue another update in two weeks.”
To learn more about Tsingda, please visit their website: http://ir.eee114.com.cn
EastBridge Investment Group focuses on high-growth companies in Asia, offering IPOs, Joint Ventures and Merchant Banking services. The Company targets industries in the education, internet, energy, mining and service sectors. To learn more about EastBridge Investment Group go to our web site: www.EbigCorp.com. To receive EBIG’s email alert, send a blank email to info@EbigCorp.com. EBIG is now on Facebook. Join us at the following link: http://www.facebook.com/pages/Eastbridge-Investment-Group/110596462346210.
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