HEI Investigation: Is Former Chinese Edtech Ambow Education a Threat to US Security?

The Higher Education Inquirer continues to investigate Ambow Education, the parent company of NewSchool of Architecture & Design (NSAD) and HybriU.  HEI has followed Ambow for almost three years, as one of its two US colleges, Bay State College, closed and a second one, NSAD in San Diego has faced financial peril and now faces legal problems, including a possible eviction. We also have watched several questionable events happen with shares of Ambow (AMBO) trading on the  New York Stock Exchange. But our greatest concern is that Ambow still has strong ties to the People's Republic of China, and that its proximity to the Pacific Fleet and its expertise in educational surveillance could pose as a potential threat to US security. As the company fails we believe it could become even more vulnerable to PRC interests. We urge any potential customers or strategic partners to do their due diligence before engaging in business with Ambow Education, NSAD, or HybriU.