Skillful Craftsman Announces Acquisition of an Integrated

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WUXI, China, May 25, 2021 (GLOBE NEWSWIRE) — Skillful Craftsman Education Technology Ltd. (“the Company” or “Skillful Craftsman”) (NASDAQ: EDTK), an education technology company providing interactive online learning services, today announced a definitive agreement to acquire 100% equity interest in Shenzhen Jisen Information Tech Limited (“Jisen Information”), an integrated financial education and service provider in China, for a total consideration of 2,900,000 newly issued ordinary shares of the Company. The transaction has been unanimously approved by the Company’s board of directors and is expected to close by the end of this month while the issuance of ordinary shares will be subject to the satisfaction of certain conditions following the closing.

Relying on the big data of the global financial market, Jisen Information develops trading simulators, invests in cloud education curriculum system and customized data analysis…

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