12:56 PM EDT, 10/10/2025 (MT Newswires) -- Phoenix Education Partners ( PXED ) said Friday it closed its initial public offering of 4.25 million shares priced at $32 each, raising $136 million in gross proceeds.

Phoenix Education ( PXED ) shares were 3.3% lower at midday Friday, trading at $36.89, on volume of about 185,000 shares.

Price: 36.86, Change: -1.29, Percent Change: -3.38