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Being AI divests education business to Crimson for $3.9m debt

Beleaguered company's chair Michael Stiassny says strategic review will result in more announcements ‘in due course’.

Crimson Education founder Jamie Beaton.

Will Mace Fri, 02 May 2025

Being AI has divested its education group, Being Education, to Crimson Education Group.

The NZX-listed company told the market this morning that the “strategic move” eliminates debt of about $3.9 million, owed to Being AI major shareholder Evan Christian’s company Wilshire Treasury, as well as

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Will Mace Fri, 02 May 2025
Contact the Writer: william@nbr.co.nz
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Being AI divests education business to Crimson for $3.9m debt
Investment,
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