University of Phoenix

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.