0000950170-23-000282.txt : 20230106 0000950170-23-000282.hdr.sgml : 20230106 20230106060957 ACCESSION NUMBER: 0000950170-23-000282 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20230106 FILED AS OF DATE: 20230106 DATE AS OF CHANGE: 20230106 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Gaotu Techedu Inc. CENTRAL INDEX KEY: 0001768259 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-EDUCATIONAL SERVICES [8200] IRS NUMBER: 000000000 STATE OF INCORPORATION: E9 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 6-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-38923 FILM NUMBER: 23513699 BUSINESS ADDRESS: STREET 1: 5F, GIENTECH BUILDING, 17 EAST ZONE STREET 2: 10 XIBEIWANG EAST ROAD, HAIDIAN CITY: BEIJING STATE: F4 ZIP: 100193 BUSINESS PHONE: 861082826826 MAIL ADDRESS: STREET 1: 5F, GIENTECH BUILDING, 17 EAST ZONE STREET 2: 10 XIBEIWANG EAST ROAD, HAIDIAN CITY: BEIJING STATE: F4 ZIP: 100193 FORMER COMPANY: FORMER CONFORMED NAME: GSX Techedu Inc. DATE OF NAME CHANGE: 20190215 6-K 1 regain_compliance_with_n.htm 6-K 6-K

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

FORM 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16 UNDER

THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of January 2023

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Commission File Number: 001-38923

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Gaotu Techedu Inc.

 

5F, Gientech Building, 7 East Zone,

10 Xibeiwang East Road

Haidian District, Beijing 100193

People’s Republic of China
(Address of principal executive offices)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

 

Form 20-F ___X____ Form 40-F _________

 

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):________________

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):________________

 

 

 

 

Exhibit Index

 

Exhibit 99.1—Press Release

 

 

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

 

Gaotu Techedu Inc.

 

 

 

 

 

 

 

 

 

 

 

 

By

:

/s/ Nan Shen

Name

:

Nan Shen

Title

:

Chief Financial Officer

 

 

 

Date: January 6, 2023

 

 EX-99.1 2 gotu-ex99_1.htm EX-99.1 EX-99.1

 

Exhibit 99.1

Gaotu Regains Compliance with NYSE Continued Listing Criterion

BEIJING, January 6, 2023 -- Gaotu Techedu Inc. ("Gaotu" or the "Company") (NYSE: GOTU), a technology-driven education company and online large-class tutoring service provider in China, today announced that the Company has received a letter from the New York Stock Exchange (the “NYSE”) dated January 3, 2023, notifying that the Company has regained compliance with the NYSE's continued listing criterion that requires a minimum average stock price of $1.00 per share over a consecutive 30 trading-day period as set forth in Section 802.01C of the NYSE Listed Company Manual (the “NYSE Continued Listing Criterion”).

As previously announced, the Company received a letter from the NYSE dated November 16, 2022, notifying the Company that its American depositary shares (the “ADSs”) had fallen below the NYSE’s continued listing criterion of a minimum share price of $1.00 per ADS over a 30 trading-day period. On January 3, the NYSE confirmed that the average stock price of the Company's ADSs for the previous consecutive 30 trading-day period was above $1.00 per ADS. Accordingly, the Company has regained compliance with the NYSE Continued Listing Criterion.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

About Gaotu Techedu Inc.

Gaotu is a technology-driven education company and online large-class tutoring service provider in China. The Company offers learning services and educational contents & digitalized learning products. Gaotu adopts an online live large-class format to deliver its courses, which the Company believes is the most effective and scalable model to disseminate scarce high-quality teaching resources to aspiring students in China. Big data analytics permeates every aspect of the Company's business and facilitates the application of the latest technology to improve teaching delivery, student learning experience, and operational efficiency.

 

 

 

 

 

For further information, please contact:

 

Gaotu Techedu Inc.

Investor Relations

E-mail: ir@gaotu.cn

 

Christensen

 

In China

Ms. Vivian Wang

Phone: +852 2232 3978

Email: gotu@christensencomms.com

 

In US

Ms. Linda Bergkamp

Phone: +1-480-614-3004

Email: lbergkamp@christensenir.com