| UNITED STATES | |
| SECURITIES AND EXCHANGE COMMISSION | |
| Washington, D.C. 20549 | |
| Notice of Effectiveness | |
| Effectiveness Date: | May 2, 2023 |
| Accession Number: | 0001079973-23-000583 | ||||||
| Submission Type: | POS AM | ||||||
| |||||||
| UNITED STATES | |
| SECURITIES AND EXCHANGE COMMISSION | |
| Washington, D.C. 20549 | |
| Notice of Effectiveness | |
| Effectiveness Date: | May 2, 2023 |
| Accession Number: | 0001079973-23-000583 | ||||||
| Submission Type: | POS AM | ||||||
| |||||||
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 3/10/2022 | $6.00 → $3.00 | Buy | B. Riley Securities |
| 2/11/2022 | $7.00 → $2.00 | Buy → Hold | Canaccord Genuity |
| 12/15/2021 | $10.00 → $3.50 | Buy → Hold | Craig-Hallum |
| 11/22/2021 | Buy → Neutral | ROTH Capital | |
| 11/22/2021 | $11.00 → $6.00 | Buy → Neutral | Roth Capital |
| 7/14/2021 | $14.00 → $13.00 | Buy | Canaccord Genuity |
C. James Jensen to Step Down from Board of Directors and Join Company's Advisory Board Dr. Joan Prince, Former Honorary Ambassador to the United Nations, to Join Board of Directors NEW YORK, July 14, 2021 (GLOBE NEWSWIRE) -- Aspen Group, Inc. ("Aspen Group" or "AGI") (NASDAQ:ASPU), an education technology holding company, today announced C. James Jensen will step down from its Board of Directors. Mr. Jensen is starting a new business which will occupy most of his time and agreed to join AGI's Advisory Board. The Company also announced the appointment of Dr. Joan Prince to its Board of Directors as an independent director. The changes are effective immediately. "Jim has been a driving fo
NEW YORK, July 13, 2021 (GLOBE NEWSWIRE) -- Aspen Group, Inc. ("Aspen Group" or "AGI") (NASDAQ:ASPU), an education technology holding company, today announced the appointment of Matthew LaVay to its executive management team as Chief Financial Officer, effective August 16, 2021. Mr. LaVay most recently served as CFO of Amerit Fleet Solutions, a private equity-backed fleet services company serving 7 of the 10 largest fleets in the United States. Prior to that, he served as CFO of Ellie Mae, a leading cloud-based platform provider for the mortgage finance industry. During his time at Ellie Mae, the company grew from just over $50 million in annual revenue to over $450 million in annual re
4 - ASPEN GROUP, INC. (0001487198) (Issuer)
4 - ASPEN GROUP, INC. (0001487198) (Issuer)
4 - ASPEN GROUP, INC. (0001487198) (Issuer)
Q2 Fiscal 2024 Highlights Gross margin increased by 300 basis points to 63% Operating loss improved 66% to ($0.5) million from ($1.5) millionNarrowed net loss to ($1.6) million from ($2.3) million4th consecutive quarter of positive EBITDA; generated positive cash from operationsAGI total enrollment grew by 5% YoY and 34% sequentially; USU enrollment rose by 8% YoY NEW YORK, Jan. 18, 2024 (GLOBE NEWSWIRE) -- Aspen Group, Inc. (OTCQB:ASPU) ("AGI" or the "Company"), an education technology holding company, today announced financial results for its second quarter fiscal year 2024 ended October 31, 2023. Second Quarter Fiscal Year 2024 Summary Results Three Months Ended October 31, Six Mon
NEW YORK, Jan. 04, 2024 (GLOBE NEWSWIRE) -- Aspen Group, Inc. ("Aspen Group" or "AGI") (NASDAQ:ASPU), an education technology holding company, today announced that it will report financial results for the period ended October 31, 2023, on Thursday, January 18, 2024 at 4:30 pm ET. Conference Call Information: Aspen Group, Inc. will host a conference call to discuss its second quarter fiscal year 2024 results and business outlook on Thursday, January 18, 2024, at 4:30 pm ET. Aspen Group, Inc. will issue a press release reporting results after the market closes on that day. The conference call can be accessed by dialing toll-free (877) 704-4453 (U.S.) or (201) 389-0920 (International), pass
Restructuring plan increases year-over-year gross margin to 60% from 51%, and narrows net loss to $(2.3) million from $(2.9) millionAdjusted EBITDA of $0.5 million versus $(0.7) million in prior year quarterPositive operating cash flow of $1.0 million versus $(1.0) million in prior year quarter NEW YORK, Dec. 13, 2022 (GLOBE NEWSWIRE) -- Aspen Group, Inc. (NASDAQ:ASPU) ("AGI" or the "Company"), an education technology holding company, today announced financial results for its second quarter fiscal year 2023 ended October 31, 2022. Second Quarter Fiscal Year 2023 Summary Results Three Months Ended October 31, Six Months Ended October 31, 2022 2021 2022 2021$ in millions, except per
4 - ASPEN GROUP, INC. (0001487198) (Issuer)
4 - ASPEN GROUP, INC. (0001487198) (Issuer)
4 - ASPEN GROUP, INC. (0001487198) (Issuer)
The Dow Jones closed lower by around 69 points on Wednesday. When insiders purchase or sell shares, it indicates their confidence or concern around the company's prospects. Investors and traders interested in penny stocks can consider this a factor in their overall investment or trading decision. Below is a look at a few recent notable insider transactions for penny stocks. For more, check out Benzinga's insider transactions platform. Aspen Group The Trade: Aspen Group, Inc. (OTC:ASPU) Director Douglas Kass acquired a total of 47,500 shares an average price of $0.18. To acquire these shares, it cost around $8,446. What’s Happening: Aspen Group recently announced closing of $12.4
The Dow Jones closed lower by around 75 points on Wednesday. When insiders purchase or sell shares, it indicates their confidence or concern around the company's prospects. Investors and traders interested in penny stocks can consider this a factor in their overall investment or trading decision. Below is a look at a few recent notable insider transactions for penny stocks. For more, check out Benzinga's insider transactions platform. Aspen Group The Trade: Aspen Group, Inc. (OTC:ASPU) Director Douglas Kass acquired a total of 75,000 shares an average price of $0.14. To acquire these shares, it cost around $10,560. What’s Happening: Aspen Group recently announced closing of $12.4
Gainers MGO Global (NASDAQ:MGOL) shares moved upwards by 29.4% to $1.33 during Tuesday's regular session. As of 13:30 EST, this security is trading at a volume of 4.2 million shares, making up 296.2% of its average full-day volume over the last 100 days. The company's market cap stands at $17.8 million. Naas Technology (NASDAQ:NAAS) shares rose 20.03% to $6.83. As of 13:30 EST, Naas Technology's stock is trading at a volume of 1.0 million, which is 431.9% of its average full-day volume over the last 100 days. The market value of their outstanding shares is at $1.4 billion. PVH (NYSE:PVH) shares moved upwards by 19.8% to $88.2. Trading volume for PVH's stock is 3.3 million as of 13:30 EST.
PHOENIX, Aug. 19, 2024 (GLOBE NEWSWIRE) -- Aspen Group, Inc. ("AGI" or the "Company") (OTCQB:ASPU), an education technology holding company, announced today that Aspen University ("AU") has been removed from the Heightened Cash Monitoring 2 ("HCM2") status by the U.S. Department of Education ("DOE"). Effective August 16, 2024, AU transitioned to Heightened Cash Monitoring 1 ("HCM1") status. Under the previous HCM2 payment method, AU had to disburse student financial aid from its own institutional funds. AU was then required to submit a Reimbursement Payment Request (the Request) to the DOE, and reimbursement was received only after the DOE completed its review of the Request. With the tra
PHOENIX, July 22, 2024 (GLOBE NEWSWIRE) -- Aspen Group, Inc. ("AGI" or the "Company") (OTCQB:ASPU), an education technology holding company, announced today that on July 19, 2024, the Company received notification from the Distance Education Accrediting Commission (the Commission) regarding its decision to vacate the show cause directive previously issued to Aspen University ("Aspen") on February 1, 2023. Upon careful review of the record, the Commission determined that Aspen has made substantial progress toward demonstrating compliance with DEAC standards. Accordingly, the Commission voted to vacate the show cause directive. DEAC requested that Aspen keep the Commission informed on the s
PHOENIX, June 10, 2024 (GLOBE NEWSWIRE) -- Aspen Group, Inc. ("AGI" or the "Company") (OTCQB:ASPU), an education technology holding company, today announced that the Company received approval of an amendment to the Certificate of Incorporation of the Company to increase the number of shares of common stock authorized to 85 million shares. Michael Mathews, Chief Executive Officer and Chairman of the Board, presided at the special stockholder meeting earlier today. According to Broadridge, the virtual stockholder meeting platform provider, 18,215,780 shares of the Company's common stock were represented at the meeting. Each share was entitled to one vote, establishing a quorum with shares r
EFFECT - ASPEN GROUP, INC. (0001487198) (Filer)
EFFECT - ASPEN GROUP, INC. (0001487198) (Filer)
EFFECT - ASPEN GROUP, INC. (0001487198) (Filer)
B. Riley Securities reiterated coverage of Aspen Group with a rating of Buy and set a new price target of $3.00 from $6.00 previously
Canaccord Genuity downgraded Aspen Group from Buy to Hold and set a new price target of $2.00 from $7.00 previously
Craig-Hallum downgraded Aspen Group from Buy to Hold and set a new price target of $3.50 from $10.00 previously
SC 13G/A - ASPEN GROUP, INC. (0001487198) (Subject)
SC 13G/A - ASPEN GROUP, INC. (0001487198) (Subject)
SC 13G/A - ASPEN GROUP, INC. (0001487198) (Subject)