Loeb Smith Attorneys acts as the Legal Advisor to the Special Committee in First High-School Education Group’s Successful Closing of its Going Private Transaction

14 March 2025 . 3 min read

Hong Kong (14 March 2025) Further to the announcement on 22 November 2024, Loeb Smith Attorneys is pleased to announce its role as legal advisor in the successful completion of the going private merger transaction of First High-School Education Group Co., Ltd. (the “Company”), an education service provider primarily focusing on high schools in Western China. This significant transaction, effective 10 March 2025, transforms the Company to a private company and the American depositary shares of the Company are no longer quoted on the OTC market and the Company’s ADS program was terminated. The Company intends to file with the U.S. Securities and Exchange Commission (the “SEC”) a Form 15 suspending the Company’s reporting obligations under the Securities Exchange Act of 1934. The Company’s obligations to file with or furnish to the SEC certain reports and forms, including Form 20-F and Form 6-K, will be suspended immediately as of the filing date of the Form 15 and will terminate once the deregistration becomes effective.

Loeb Smith Attorneys served as the Cayman Islands legal counsel to the Special Committee and the Loeb Smith team of lawyers advising on the closing of the transaction was led by Partner, Gary Smith and included team members Kate Sun and Frost Wu in Hong Kong.

Loeb Smith Attorneys looks forward to delivering more insightful and strategic advice and legal support to clients on a diverse range of M&A transactions in the APAC region.

First High-School Education Group Announces Completion of Going Private Transaction | Morningstar

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About Loeb Smith Attorneys

Loeb Smith Attorneys is one of the leading offshore corporate law firms considered one of the most active and knowledgeable firms for advising on offshore investment funds formation and launch of all asset classes including public securities, private equity, venture capital, real estate, and virtual assets. Other areas of strength and growth are advising on M&A, Finance, Corporate Restructurings, Capital Markets, Regulatory Compliance, Investments, Logistics, Shipping and Aviation.

Considered a leading law firm in the Fintech and Blockchain Technology space, Loeb Smith also advises on token issuances, application for VASP licences for Web 3.0 businesses, Metaverse infrastructure and other virtual asset service providers, and utilising Cayman and BVI structures to develop virtual asset platforms for DAOs. Loeb Smith’s clients are investment managers, financial institutions, onshore counsels, and HNWIs who the firm advises on day-to-day legal issues and complex, strategic matters.

Some of our firm’s recent accolades are: rankings in IFLR1000, Legal 500; winning Best Law Firm – Fund Domicile at Hedgeweek US Emerging Manager Awards 2023 and 2024; winning Best Law Firm – Fund Domicile at Private Equity Wire US Emerging Manager Awards 2023 and 2024; winning Best Law Firm – Fund Domicile at Private Equity Wire US Awards 2023; recognised amongst Top 30 Asia’s Fastest Growing Law Firms in 2023 by Asian Legal Business; ranked in The A-List: Top Offshore Lawyers by Asia Business Law Journal in 2022 and 2024; winning The Best Offshore Law Firm – Client Service at With Intelligence HFM Asia Services Awards 2024; ranked in ALB Hong Kong Firms to Watch 2024 list.

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