 SHENZHEN, China, May 26, 2021 GLOBE NEWSWIRE -- Meten EdtechX Education Group Ltd. Meten EdtechX or the Company NASDAQ: METX, one of the leading omnichannel English language training ELT service providers in China, today announced the closing of an underwritten public offering the Offering with gross proceeds to the Company of 40 million, before deducting underwriting discounts and commissions and other estimated offering expenses payable by the Company. The Offering included 40,000,000 of the Companys ordinary shares at the public offering price of 1.00 per share. The Company intends to use the net proceeds from this Offering for working capital and general corporate purposes. 