American Public Education, Inc. Completes Full Redemption of its Series A Senior Preferred Stock and Provides Other Capital Structure Updates
CHARLES TOWN, W.Va., July 1, 2025 /PRNewswire/ -- American Public Education, Inc. (NASDAQ:APEI), is a leading provider of online and campus-based postsecondary education and career learning to over 125,000 students through four subsidiary institutions.
Full Redemption of Series A Senior Preferred Stock
APEI completed the redemption of all outstanding shares of the Company's Series A Senior Preferred Stock for aggregate cash consideration of $44.5 million, including the $1.4 million in accrued and unpaid dividends (the "Redemption Price"). The Redemption Price was paid using av