Phoenix Education Partners' IPO
Listed Oct 9, 2025 at $32 on NYSE as PXED.
Breakaway does the work for you: insider and Congress trades, the chart, and the financials, in one score.
See it live, free until Wednesday morning. No account. No card. Then keep going with a free account.
What does Phoenix Education Partners do?
“We are a mission-driven organization operating at the forefront of the rapidly evolving post-secondary education market.”
| Fact | Phoenix Education Partners |
|---|---|
| Founded | 1976 |
| Incorporated | Delaware, 2014 |
| Website | phoenix.edu |
What is the offering?
Each figure names the filing it is from and that filing's date. The market cap is Breakaway's arithmetic from the prospectus's share count.
| Fact | Phoenix Education Partners |
|---|---|
| Shares offered | 4,250,000 |
| Offer price | $32 a share |
| Raised at that price | $136 million |
| Underwriters' discount | $8.8 million |
| Underwriters' option | 637,500 more shares |
| Underwriters | Morgan Stanley, Goldman Sachs, BMO Capital Markets, Jefferies, Apollo Global Securities, and Truist Securities, and 6 more |
| Exchange | New York Stock Exchange, as PXED |
| Shares outstanding after | 35,596,255 |
| Market cap at the offer price | $1.14 billion |
What risks does Phoenix Education Partners name first?
- “We operate in a highly regulated industry with extensive regulatory requirements, and the failure to comply with applicable regulations or regulatory requirements, standards or policies could subject us to significant monetary liabilities, fines and penalties…”
- “The impact that recent amendments to the Higher Education Act by Congress may have on our business, including the recent amendments that will limit or reduce the amount of federal student aid funding and that condition the future eligibility of educational programs for federal student aid funding upon compliance with…”
- “Risks associated with the impact that further legislative, political and regulatory changes, could have on our business.”
Every date of Phoenix Education Partners' IPO
| What | Day |
|---|---|
| Registration filed | Aug 29, 2025 |
| Declared effective by the SEC | Sep 30, 2025 |
| Exchange registration filed | Oct 8, 2025 |
| Priced | Oct 8, 2025 |
| First trade | Oct 9, 2025 |
| Lock-up ends | Apr 6, 2026 |
How did its first days trade?
From its daily bars, each close against its $32 offer price.
| Day | Open | Close | From the offer |
|---|---|---|---|
| Oct 9 | $38 | $38.15 | +19.2% |
| Oct 10 | $37.29 | $36.10 | +12.8% |
| Oct 13 | $36.38 | $37.23 | +16.3% |
| Oct 14 | $36.09 | $36.06 | +12.7% |
| Oct 15 | $36.02 | $36.24 | +13.3% |
The other IPOs expected
| Company | Price |
|---|---|
| $19 to $21 | |
| $15 to $17 | |
| $15 to $17 | |
| $7 | |
| $5 to $7 |
Phoenix Education Partners IPO questions
When is Phoenix Education Partners' IPO?
Listed Oct 9, 2025 at $32 on NYSE as PXED.
What is Phoenix Education Partners' IPO price?
Phoenix Education Partners' IPO priced at $32 a share, per its final prospectus of Oct 9, 2025.
How many shares is Phoenix Education Partners selling?
4,250,000 shares, and the underwriters may buy 637,500 more, per its final prospectus (424B4).
Who are the underwriters?
Morgan Stanley, Goldman Sachs, BMO Capital Markets, Jefferies, Apollo Global Securities, Truist Securities, B. Riley Securities, Barrington Research, Loop Capital Markets, Academy Securities, Bancroft, and Siebert Williams Shank, as the prospectus's cover names them.
When does the lock-up end?
Phoenix Education Partners' IPO lock-up ends Apr 6, 2026. Its final prospectus says: “.”
Does Breakaway rate Phoenix Education Partners?
Breakaway scores a new stock from its second trading day, ranked against every US stock it scores. For its first 21 sessions the page says New listing in place of the tier, and each check that needs more history waits for it.
Can Breakaway say where Phoenix Education Partners' price will go?
No. Breakaway does not say where a price will go. Every figure here is from the company's SEC filings, linked on each line.
We do the work for you. Every stock is scored and ranked, every 15 seconds while the market is open. Here it's 15 minutes behind. Pro members see it live.
Every new listing, ranked live, free. No account.
See all 16 new listings rankedSee it live, free until Wednesday morning. No account. No card. Then keep going with a free account.