What's Going On With Ambow Education Shares Premarket Tuesday?

Ambow Education Holding Ltd. AMBO shares, which had a tremendous run yesterday, are trading lower premarket today. On Monday, Ambow Education entered into a $1.3 million annual renewable licensing agreement with Inspiring Futures Pte. LTD.

This non-exclusive deal permits the production and international distribution of the HybriU AI UniBox and the comprehensive HybriU educational solution.

This collaboration reinforces Ambow’s commitment to transforming education and empowering educators and students globally.

HybriU’s advanced 3D solution features 3D signal capture, recording, transformation, and remote display, allowing life-sized 3D projections of professors in remote classrooms via a 3D LED wall.

This immersive platform enables learners to interact with 3D content in their native language, making it accessible and effective across different languages and regions.

Jin Huang, Ambow’s President, Chief Executive Officer, and acting Chief Financial Officer, stated, “As more international partners join in the sale of HybriU, we can focus on expanding our presence in key U.S. markets, where we believe HybriU is currently the only available 5-in-1 total solution.”

”It seamlessly integrates AI—empowering five key domains: teaching, learning, connectivity, recording, and management—along with lecture capture, immersive technology, and a comprehensive management platform designed specifically for the education sector.”

”HybriU delivers a unified learning experience that transcends the boundaries of both online and offline education, bridges language and regional divides, and connects academia with industry.”

Price Action: AMBO shares, which closed 226.8% higher at $4.02 on Monday, are down 4.73% at $3.82 premarket at the last check Tuesday.

Photo via Shutterstock

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