中国教育纽交所上市招股说明书

Morningstar®DocumentResearch℠FORM424B5CHINAEDUCATIONALLIANCEINC.-CEUFiled:September30,2009(period:)ProspectusfiledpursuanttoRule424(b)(5)PROSPECTUSSUPPLEMENT(toProspectusdatedAugust21,2009)FiledPursuanttoRule424(b)(5)RegistrationNo.333-1614873,162,055SharesofCommonStockChinaEducationAlliance,Inc.Thisisafirmcommitmentpublicofferingof3,162,055sharesofourcommonstock.OurcommonstockislistedonNYSEAmexEquities(“NYSEAmex”)underthesymbol“CEU.”OnSeptember29,2009,thelastreportedsalepriceofourcommonstockwas$5.64.Investinginourcommonstockinvolvesahighdegreeofrisk.Beforebuyinganyshares,youshouldreadthediscussionofmaterialrisksofinvestinginourcommonstockin“RiskFactors”beginningonpageS-6.NeithertheSecuritiesandExchangeCommissionnoranystatesecuritiescommissionhasapprovedordisapprovedofthesesecuritiesorpassedupontheadequacyoraccuracyofthisprospectus.Anyrepresentationtothecontraryisacriminaloffense.PerShareTotalPublicofferingprice$5.50$17,391,303Underwritingdiscount$0.33$1,043,478Proceeds,beforeexpenses,tous(1)$5.17$16,347,825(1)Weestimatethetotalexpensesofthisoffering,excludingtheunderwritingdiscountsandcommissions,willbeapproximately$200,000.Theunderwritersmayalsopurchaseuptoanadditional474,308sharesofourcommonstockatthepublicofferingprice,lesstheunderwritingdiscountsandcommissions,tocoverover-allotments,ifany,within45daysofthedateofthisprospectus.Theunderwritersareofferingourcommonstockassetforthunder“UnderwritingandPlanofDistribution.”DeliveryoftheshareswillbemadeonoraboutOctober5,2009.Rodman&Renshaw,LLCThedateofthisprospectussupplementisSeptember30,2009.Source:CHINAEDUCATIONALLIANCEINC.,424B5,September30,2009PoweredbyMorningstar®DocumentResearch℠TABLEOFCONTENTSProspectusSupplementPageAboutThisProspectusSupplementS-iiWhereYouCanFindMoreInformationS-iiSpecialNoteRegardingForward-LookingStatementsS-iiiSummaryS-1SummaryFinancialInformationandDataS-3RiskFactorsS-6UseofProceedsS-12PriceRangeofCommonStockS-13DividendPolicyS-13DescriptionofCommonStockS-13CertainU.S.FederalIncomeTaxConsiderationsS-14UnderwritingandPlanofDistributionS-15LegalMattersS-21ExpertsS-21IncorporationofCertainDocumentsByReferenceS-21ProspectusPageAboutThisProspectus4SpecialNoteRegardingForward-LookingStatements4Summary5RiskFactors9UseofProceeds18DescriptionofCapitalStock18DescriptionofDebtSecurities21DescriptionofWarrants28DescriptionofUnits30LegalOwnershipofSecurities31PlanofDistribution35LegalMatters37Experts37WhereYouCanFindMoreInformation37IncorporationofCertainInformationbyReference37Youshouldrelyonlyontheinformationcontainedorincorporatedbyreferenceinthisprospectussupplementortheaccompanyingprospectus.Wehavenotauthorizedanyonetoprovideyouwithdifferentinformation.Wearenotmakinganofferofourcommonstockcoveredbythisprospectussupplementinanyjurisdictionwheretheofferisnotpermitted.Youshouldnotassumethattheinformationcontainedinorincorporatedbyreferenceinthisprospectussupplementortheaccompanyingprospectusisaccurateasofanydateotherthantherespectivedatesthereof.S-iSource:CHINAEDUCATIONALLIANCEINC.,424B5,September30,2009PoweredbyMorningstar®DocumentResearch℠ABOUTTHISPROSPECTUSSUPPLEMENTThisdocumentisintwoparts.Thefirstpartisthisprospectussupplement,whichdescribesthetermsofthisofferingofcommonstockandalsoaddstoandupdatesinformationcontainedintheaccompanyingprospectusandthedocumentsincorporatedbyreference.Thesecondpartistheaccompanyingprospectus,whichgivesmoregeneralinformation.Totheextentthereisaconflictbetweentheinformationcontainedinthisprospectussupplement,ontheonehand,andtheinformationcontainedintheaccompanyingprospectusoranydocumentincorporatedbyreference,ontheotherhand,theinformationinthisprospectussupplementshallcontrol.Inthisprospectussupplement,theterms“ChinaEducation,”“Company,”“we,”“our”or“us”refertoChinaEducationAlliance,Inc.,aNorthCarolinacorporation,anditssubsidiaries,unlessthecontextsuggestsotherwise.Additionally,unlessweindicateotherwise,referencesinthisprospectussupplementto:•“China”andthe“PRC”aretothePeople’sRepublicofChina,excluding,forthepurposesofthisprospectussupplement,TaiwanandthespecialadministrativeregionsofHongKongandMacau;•“RMB”and“Renminbi”aretothelegalcurrencyofChina;and•“$,”“US$”and“U.S.dollars”aretothelegalcurrencyoftheUnitedStates.Youshouldrelyonlyontheinformationcontainedinthisprospectussupplement,theaccompanyingprospectusandthedocumentsincorporatedbyreference.Wehavenotauthorizedanyotherpersontoprovideyouwithdifferentinformation.Ifanyoneprovidesyouwithdifferentorinconsistentinformation,youshouldnotrelyonit.Thisprospectussupplementisnotanoffertosellthesesecurities,anditisnotsolicitinganoffertobuythesesecurities,inanyjurisdictionwheretheofferorsaleisnotpermitted.Theinformationcontainedinthisprospectussupplement,theaccompanyingprospectusandthedocumentsincorporatedbyreferenceisaccurateonlyasoftheirrespectivedates,regardlessofthetimeofdeliveryofthisprospectussupplementandtheaccompanyingprospectus,orofanysaleofourcommonstock.Youshouldreadthisprospectussupplement,theaccompanyingprospectusandthedocumentsincorporatedbyreferencebeforema