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The company has no remaining debt after the transaction.
Educational Development Corp. (EDUC) announced the sale of its Tulsa headquarters for $32.2 million. The transaction resulted in the elimination of all outstanding debt for the company.
The sale amount was $32.2 million. Following the transaction, EDUC reported having no remaining debt.
The company has a free float of 6,453,700 shares and 8,583,200 shares outstanding.
This summary was generated by AI from public sources and may contain errors. Not financial advice. Trade at your own risk.