Phoenix Education Partners, Inc.

Phoenix Education Partners, Inc. (PXED) priced its initial public offering on Oct 9, 2025 at $32.00 per share, within its $31.00–$33.00 range, raising $136M, and listed on NYSE. At the IPO price its market capitalization was about $1.14B. Morgan Stanley was lead-left underwriter, joined by Goldman Sachs, BMO Capital Markets and Jefferies and others. Paul, Weiss advised the company and Simpson Thacher advised the underwriters.

Phoenix Education Partners, Inc. operates a university serving students and employers. It is developing skills-based tools such as Skillmore, an AI-based skills matching platform, and Talent Source, a job search platform matching employer needs with students and alumni.

Status

IPO

Ticker

PXED

Exchange

NYSE

Priced

Oct 9, 2025

IPO price

$32.00

Price range

$31.00–$33.00

Raised

$136M

Market cap at IPO price

$1.14B

First filed

Aug 29, 2025

Underwriters

Morgan Stanley, Goldman Sachs, BMO Capital Markets, Jefferies, Truist, B. Riley, Loop Capital, Academy Securities, Bancroft and Siebert Williams Shank

Company counsel

Paul, Weiss

Underwriters' counsel

Simpson Thacher

Sector

Business services

Country / state

AZ

Market cap at IPO price = shares outstanding after the offering (all classes, before the over-allotment option) × the IPO price, from the final prospectus.