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How Will Cluey’s $6.5M Acquisition Transform Its Tutoring Business?
8:37am on Thursday 6th of November, 2025 AEDT
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Education
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How Will Cluey’s $6.5M Acquisition Transform Its Tutoring Business?
8:37am on Thursday 6th of November, 2025 AEDT
Key Points
Acquisition of Education Futures Group (Art of Smart) for up to $6.5 million
Launch of $4.5 million fully underwritten entitlement offer at $0.07 per share
Expansion into in-person tutoring alongside Cluey’s online offerings
Entitlement offer proceeds to fund acquisition cash component, integration, and growth
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