secwatch.observer — SEC 8-K summary
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Issuer:     AMERICAN PUBLIC EDUCATION INC (APEI)
CIK:        0001201792
Form:       8-K/A
Filed at:   2021-11-17T23:59:59+00:00
Accession:  0001104659-21-140551
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.60
Item codes: 9.01
LLM model:  deepseek-v4-flash:cloud@v2

APEI provides audited Rasmussen 2020 financials: $261.5M revenue, $20.8M net income
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- Acquisition of Rasmussen closed Sep 1, 2021 for $329M; audited financials now filed.
- Rasmussen 2020 revenue $261.5M; net income $20.8M vs. Successor period net income $2.7M in 2019.
- Total assets $193.7M, member's equity $116.7M as of Dec 31, 2020.
- Pro forma combined financial info included for nine months ended Sep 30, 2021 and year ended Dec 31, 2020.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1201792/000110465921140551/0001104659-21-140551-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1201792/000110465921140551/tm2132594d1_8ka.htm
  HTML page:      https://secwatch.observer/filing/0001104659-21-140551

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer