With The Edtech Sector Booming, (PUSOF)'s Recent Corporate Actions Could Fuel Vertical Chart Growth Near Term
We've got a little time until Monday's opening bell, so let's take a second to dive into a sector you might not know a lot about.
It's called the Edtech sector, and if you didn't know, it's booming.
A recent report from ResearchAndMarkets shares that the global Edtech market was valued at around $85Bn in 2021 and is expected to reach approximately $218Bn in 2027.
Two of the major drivers for this potential growth come from two areas:
#1. Growing in-vest-ments in education technology development.
#2. Rising preference for digital learning.
The report also shares that one of the biggest opp's that could come from this market shift would be from technology in-vest-ments.
Knowing this, I've been scouting different companies that are displaying interest in the education technology sector and came across an intriguing idea.
So for Monday, February 7th, there is one company I've discovered to have front and center on your screen:
*Pushfor Investments Inc. (PUSOF)*
Pushfor in-vests in both public and private companies in the technology space along with various other cutting-edge solutions. Their services involve giving their in-vest-ors a technology-based portfolio of the latest products in an integrated model as a cross-technology in-vest-ment platform.
And based on these several potential catalysts, it requires immediate attention:
No. 1 - Company Acquires 15% Equity Interest In EdRev
No. 2 - A Potential Uplist In Near Future?
No. 3 - Closing Of Major Blockchain Related Acquisition
No. 4 - Company Launches New Website
No. 5 - Key Technical Indicators Lean Oversold
But more on them in a second...
With the already growing demand for online education that has been further propelled by the global CV19 pandemic, both government and private educational institutions from elementary to university level have attempted to transition into the online Edtech model.
And that's what makes PUSOF's 1st potential catalyst so interesting.
No. 1 PUSOF Potential Catalyst - Company Acquires 15% Equity Interest In EdRev
Pushfor In-vest-ments Enters Into Agreement to Acquire Equity Interest in Education Revolution LLC
SURREY, British Columbia, Nov. 23, 2021 (GLOBE NEWSWIRE) -- Pushfor In-vest-ments Inc. (CSE: PUSH, OTC: PUSOF, FFT: 713) (the “Company” or “Pushfor”) is pleased to announce that it has entered into a capital contribution agreement (the “Agreement”) with Education Revolution LLC (“EdRev”), a U.S. based provider of the award-winning Socrates Learning System. Pursuant to the terms of the Agreement, the Company will acquire approximately fifteen percent (15%) equity interest in EdRev.
EdRev’s award-wi-nn-ing Socrates Learning Platform is a comprehensive multistage and multilanguage Educational Technology (“Edtech”) learning platform that bridges the home and classroom learning experiences and develops individualized learning paths for students across thousands of educational categories.
“The pandemic has created new challenges for our education system as well as amplifying existing ones. Making up for lost classroom time and increasing gaps in student capabilities will require a new generation of tools that engage students while providing teachers and parents with actionable feedback on the active progress of the student,” stated Education Revolution’s President and CEO Brian Rosenberg. “Our partnership with Pushfor will help us to bring the next generation to the market as well as expand the scope of our educational content."
Read the full article here.
Pushfor In-vest-ment’s acquisition of Socrates indicates the company’s commitment to riding the edtech trend and attempting to take a market share in this booming sector.
Socrates is a Las-Vegas based Education Technology company that brings skills practice to mastery, the focus of play, and the transparency of growth into a simple to use application.
The Socrates platform supports remote learning when school is closed by personalizing the learning experience and adjusting in real-time to the needs of each student.
- Practice - Master content with automated adjusting and guidance.
- Play - Motivate students to learn with gamification and rewards.
- Grow - Provide transparency into student performance and success.
Their Mission: personalizing education, on any topic, anywhere