0001600222
Company

Phoenix Education Partners, Inc.

Services-Educational Services · PXED

ipo trading priced NYSE 424B4

Filing Timeline

SEC EDGAR
424B4 priced
Final prospectus
Final prospectus filed after pricing with final deal terms.
Follows 8-A12B and confirms the priced prospectus.
Price $32.00 · 4,250,000 shares · Gross proceeds $136,000,000
Common Stock · Exchange NYSE · Ticker PXED · Over-allotment 637,500 · Selling stockholders only · Use of proceeds Proceeds to selling stockholders · Underwriters Morgan Stanley, Goldman Sachs & Co. LLC, BMO Capital Markets
2025-10-09 · 0001193125-25-235971
CERT inactive
CERT
Pre-IPO filing captured from the SEC submission timeline.
Follows EFFECT in the pre-IPO sequence.
The current filing is a CERT form for Phoenix Education Partners, Inc., dated 2025-10-08. The previous filing was an EFFECT form, but no readable content is provided for either document. No actionable details about the company's IPO, financials, or disclosures can be extracted from the provided text.
2025-10-08 · 0000876661-25-000748
8-A12B effective
Exchange Act registration
Registration filed to list the securities under the Exchange Act ahead of trading.
Follows CERT and registers the class of securities for exchange listing.
2025-10-08 · 0001193125-25-234379
S-1/A amended
Amended registration statement
Updated registration statement filed after SEC comments or deal changes.
Updates the prior S-1/A filing.
Range $31.00 to $33.00 · 4,250,000 shares
Common Stock · Exchange NYSE · Ticker PXED · Over-allotment 637,500 · Selling stockholders only · Use of proceeds Selling stockholders will receive all proceeds · Underwriters Morgan Stanley, Goldman Sachs & Co. LLC, BMO Capital Markets
Phoenix Education Partners, Inc. (formerly AP VIII Queso Holdings, L.P.) is undergoing a statutory conversion to a Delaware corporation ahead of its initial public offering (IPO). The offering involves 4,250,000 shares of common stock, with proceeds going to selling stockholders, including Apollo Global Management affiliates. The company, an emerging growth company, plans to list on the NYSE under 'PXED'. The filing highlights governance risks due to Apollo's majority ownership, which could classify the company as a 'controlled company' under NYSE rules.
2025-09-30 · 0001193125-25-223930
EFFECT effective
SEC effectiveness notice
SEC declared the registration statement effective, allowing the offering to proceed.
Follows S-1/A and marks the registration effective.
Phoenix Education Partners, Inc. (formerly AP VIII Queso Holdings, L.P.) has completed its conversion from a Delaware limited partnership to a corporation. The company is conducting an initial public offering (IPO) of 4,250,000 shares of common stock, with an expected price range of $31.00 to $33.00 per share. The offering is underwritten by major firms including Morgan Stanley, Goldman Sachs, and BMO Capital Markets. The Apollo Stockholder, an affiliate of Apollo Global Management, will retain majority control post-offering, maintaining 71% of voting power. The company plans to list on the NYSE under the symbol 'PXED'.
2025-09-30 · 9999999995-25-003215
S-1/A amended
Amended registration statement
Updated registration statement filed after SEC comments or deal changes.
Updates the prior S-1 filing.
Common Stock of Phoenix Education Partners, Inc. · Exchange NYSE · Ticker PXED · Selling stockholders only · Use of proceeds No proceeds to the issuer; selling stockholders will receive the proceeds · Underwriters Morgan Stanley, Goldman Sachs & Co. LLC, BMO Capital Markets
Phoenix Education Partners, Inc. is undergoing a conversion from a Delaware limited partnership to a corporation, preparing for its initial public offering (IPO) of common stock. The offering is led by underwriters including Morgan Stanley and Goldman Sachs, with Apollo Global Management as the majority stockholder. The company will be a 'controlled company' under NYSE rules, granting Apollo significant influence over corporate governance. The IPO follows the reorganization of AP VIII Queso Holdings, L.P., with shares to be listed on the NYSE under 'PXED'.
2025-09-15 · 0001193125-25-202838
S-1 filed
Initial registration statement
Initial public filing submitted to start the SEC review process.
Follows DRS/A in the pre-IPO sequence.
Common Stock · Exchange NYSE · Ticker PXED · Selling stockholders only · Use of proceeds No issuer proceeds; all proceeds go to selling stockholders · Underwriters Morgan Stanley, Goldman Sachs & Co. LLC, BMO Capital Markets
Phoenix Education Partners, Inc. (formerly AP VIII Queso Holdings, L.P.) is undergoing a statutory conversion to a Delaware corporation and initiating an IPO. The offering involves selling shares by existing stockholders, with no proceeds going to the company. The IPO follows a conversion that will restructure the entity, and the company expects to list on the NYSE under 'PXED'. The Apollo Stockholder, a major shareholder, will maintain control as a 'controlled company' under NYSE rules, influencing governance and major decisions.
2025-08-29 · 0001193125-25-192874
DRS/A amended
Amended draft registration statement
Updated draft registration filed before the public launch.
Updates the prior DRS/A filing.
Phoenix Education Partners, Inc. (formerly AP VIII Queso Holdings, L.P.) is converting from a Delaware limited partnership to a corporation, with an initial public offering (IPO) of common stock. The offering is led by Morgan Stanley and Apollo Global Securities, with shares sold by existing stockholders. The company, an emerging growth company, plans to list on the NYSE under the symbol PXED. The IPO follows a reorganization transaction where limited partners will become shareholders.
2025-07-10 · 0000950123-25-006300
DRS/A amended
Amended draft registration statement
Updated draft registration filed before the public launch.
Updates the prior DRS filing.
Phoenix Education Partners, Inc. (formerly AP VIII Queso Holdings, L.P.) is undergoing a statutory conversion from a Delaware limited partnership to a corporation, with the Apollo Stockholder as a major shareholder. The filing outlines the initial public offering (IPO) of common stock, with proceeds going to selling stockholders, not the company. The company will be a 'controlled company' under exchange rules, with Apollo's influence over corporate governance. The filing also highlights the company's status as an emerging growth company with reduced reporting requirements.
2025-03-18 · 0000950123-25-003093
DRS filed
Draft registration statement
Draft registration filed confidentially before the public launch.
First tracked pre-IPO filing for this issuer.
Phoenix Education Partners, Inc. (formerly AP VIII Queso Holdings, L.P.) is transitioning from a Delaware limited partnership to a corporation, with an initial public offering (IPO) of common stock. The offering is led by underwriters including Morgan Stanley and Apollo Global Securities, with Apollo Global Management, Inc. as a major stockholder. The company is classified as an emerging growth company and will be a 'controlled company' under listing rules, exempting it from certain governance requirements. The filing includes prospectus details, risk factors, and capitalization information.
2025-01-29 · 0000950123-25-000677
Comparable Deals

1 comparable deal

Consumer Discretionary$100-300MMorgan StanleyLast 18 months
Only 0 strict matches; expanded to 1 using nearest neighbors.
-37.8%
Median day-1
0%
Above issue
-30.9%
Median week-1
-37.8%
Downside (p10)

Recent News

No recent news stored for this issuer.