Online Education
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Phoenix Education Partners Announces Pricing of Initial Public Offering
Phoenix Education Partners, Inc., parent company of the University of Phoenix, announced the pricing of its IPO at $32.00 per share on October 8, 2025. The offering comprises 4,250,000 shares of common stock. Trading is expected to begin under the ticker “PXED” on the NYSE on October 9, 2025. Morgan Stanley and Goldman Sachs are lead book-running managers. The IPO signifies investor confidence in online education and Phoenix Education’s strategic direction. The company, established in 1976, aims to further innovate in curriculum and technology to maintain its position in the sector.
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APEI Names James Kenigsberg Interim Chief Innovation and Technology Officer
American Public Education, Inc. (APEI) has appointed James Kenigsberg as interim Chief Innovation and Technology Officer, signaling a strategic pivot towards AI-powered education. Kenigsberg, former CTO of 2U, Inc., will lead APEI’s efforts to integrate AI and data analytics across its educational network, including American Public University System, Rasmussen University, and Hondros College of Nursing. The goal is to enhance accessibility, improve student retention, and personalize learning experiences for students. APEI aims to become a data-first, AI-enabled institution.