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Phoenix Education Partners, Inc. ( (PXED) ) has provided an update.
On October 8, 2025, Phoenix Education Partners, Inc. entered into an underwriting agreement with Morgan Stanley and Goldman Sachs for its initial public offering, resulting in $136 million in gross proceeds from the sale of 4,250,000 shares, with an additional $20.4 million from an option exercised by underwriters. The company also established stockholders’ and registration rights agreements with major stakeholders Apollo and Vistria, granting them significant influence over board appointments and stock registration, which could impact the company’s governance and shareholder dynamics.
More about Phoenix Education Partners, Inc.
Phoenix Education Partners, Inc. operates in the education sector, focusing on providing educational services. The company recently transitioned from a limited partnership to a Delaware corporation, reflecting its strategic shift towards public market engagement.
Average Trading Volume: 1,048,159
For a thorough assessment of PXED stock, go to TipRanks’ Stock Analysis page.