other_material
confidence high
sentiment neutral
materiality 0.60
APEI to redeem all 400 Series A Preferred shares for ~$44.5M on June 23, 2025
AMERICAN PUBLIC EDUCATION INC
- Redemption price of ~$111,137.88 per share includes ~$3,415.91 in accrued dividends.
- Total cash consideration ~$44,455,152, covering 400 outstanding shares.
- Redemption effective June 23, 2025; notice issued to holders on June 13, 2025.
- Preferred stock had $0.01 par value; Certificate of Designation filed Dec 2022.
item 8.01