---
schema_version: "secwatch.filing_event.v1"
accession: "0000950142-25-002812"
form_type: "8-K"
ticker: "PXED"
cik: "0001600222"
company_name: "Phoenix Education Partners, Inc."
filed_at: "2025-10-15T23:59:59+00:00"
generated_at: "2026-05-17T03:44:15.133727+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Phoenix Education Partners completes IPO; Selling Stockholders sell 4.25M shares for $136M

## Summary
- Initial public offering closed Oct 10, 2025; Selling Stockholders sold 4.25M shares at $32/sh for $136M gross.
- Underwriters exercised over-allotment option in full, selling 637,500 additional shares for $20.4M gross.
- Company entered Stockholders' Agreement granting Apollo and Vistria board nomination rights and consent rights above 33% and 5% ownership thresholds.
- Company converted from limited partnership to Delaware corporation named Phoenix Education Partners, Inc. effective upon IPO.
- Prior management consulting and transaction fee agreements with Apollo and Vistria terminated upon IPO completion.

## SEC filing metadata
- accession: 0000950142-25-002812
- form_type: 8-K
- ticker: PXED
- cik: 0001600222
- company_name: Phoenix Education Partners, Inc.
- filed_at: 2025-10-15T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1600222/000095014225002812/0000950142-25-002812-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1600222/000095014225002812/eh250691528_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950142-25-002812
- JSON: https://secwatch.observer/filing/0000950142-25-002812.json
- Plain text: https://secwatch.observer/filing/0000950142-25-002812.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.