Group 1: Galaxy Digital Overview - Galaxy Digital offers a range of products and services to enhance trading activities, including OTC trading coverage and bespoke lending, aiming to integrate cutting-edge technology into digital trading [1] - The company manages various digital assets, including active and passive funds, hedge funds, ETFs, and venture capital, utilizing a blockchain-based Infrastructure Solutions platform for secure digital asset management [2] - Galaxy Digital is positioned at the intersection of traditional finance and the digital economy, adapting to the shift towards online banking and trading services [3] Group 2: Financial Performance and Market Trends - Morgan Stanley's equity strategist highlights a significant earnings season, with over 90% of S&P 500 companies reporting an 11.75% increase in earnings, supported by an 8.2% revenue growth, indicating a potential new bull market [5] - The broader market trend remains positive, with the S&P 500 up 16% and NASDAQ gaining 22% in 2025, driven by strong third-quarter earnings [6] Group 3: Galaxy's Data Center Business - Galaxy is investing in a data center campus, Helios, in Texas, designed to support AI and high-performance computing, covering 1,500 acres and approved for 800 megawatts of operation, with future expansion plans [7] - The Helios data center could become one of the largest in the world, with an estimated terminal equity value exceeding $30 billion if fully developed [8] Group 4: Analyst Ratings and Stock Performance - Analysts have a positive outlook on Galaxy Digital, with a consensus rating of Strong Buy and a price target of $45.69, suggesting a potential share appreciation of 49% [8] - Phoenix Education Partners, another company mentioned, has a Moderate Buy consensus rating, with a price target of $44.38, indicating a potential gain of 44% [12][13]

Core Points - Phoenix Education Partners, Inc. will host a conference call on November 20, 2025, to discuss its fourth quarter and fiscal year results ending August 31, 2025 [1] - The financial results will be released on the same day after market close [1] Company Overview - Phoenix Education Partners, Inc. is the parent company of the University of Phoenix, which specializes in online education for working adults [3] - Founded in 1976, the University of Phoenix aims to provide access to higher education opportunities that help students achieve professional goals and improve organizational performance [3] Initial Public Offering (IPO) - The company announced the closing of its initial public offering of 4,250,000 shares at a public offering price of $32.00 per share [6][7] - The shares were offered by certain existing shareholders, and the underwriters were granted a 30-day option to purchase additional shares [8]

Core Insights - The U.S. IPO market remains active despite government shutdown, with 6 traditional IPOs and 2 SPACs launched this week, alongside 13 companies filing for initial public offerings [1][12]. Group 1: IPO Activity - Alliance Laundry Holdings (ALH) raised $826 million, pricing at the upper limit of its range, achieving a market cap of $4.5 billion, and saw a 14% stock price increase [1]. - Phoenix Education Partners (PXED) raised $136 million, pricing at the midpoint of its range, with a market cap of $1.3 billion and a 13% stock price increase [1]. - Ping An Good Doctor (POM) raised $20 million, pricing at the lower limit of its range, with a market cap of $474 million and a 9% stock price increase [2]. - One and One Green Tech (YDDL) raised $10 million, pricing at the midpoint of its range, achieving a market cap of $27 million and a significant 31% stock price increase [2]. - Leifras (LFS) raised $5 million, pricing at the lower limit of its range, with a market cap of $10.5 million, but experienced a 5% stock price decline [2]. - Turn Therapeutics (TTRX) debuted via direct listing at $10, but saw a 26% decline in stock price [3]. Group 2: SPAC Activity - Two SPACs completed their listings: GigCapital8 (GIWWU) raised $220 million and Lake Superior Acquisition (LKSPU) raised $100 million, focusing on energy, social media, and consumer goods [4]. - Five SPACs filed for IPOs, including Xsolla SPAC 1 (XSOLU.RC) and Alussa Energy Acquisition II (ALUBU), both aiming to raise $250 million [8][10]. Group 3: Upcoming IPOs and Market Trends - 13 companies filed for IPOs, including BillionToOne (BLLN), Evommune (EVMN), and Central Bancompany (CBC), each planning to raise $100 million [6]. - The SEC issued new guidelines allowing companies to announce pricing ranges and set final pricing above the range, which may encourage more companies to proceed with listings amid the government shutdown [12].

Core Insights - Phoenix Education Partners (NYSE: PXED) experienced a significant increase in share price on its first trading day, despite the IPO consisting solely of shares sold by existing shareholders [1] - The company demonstrated strong topline growth, margin expansion, and maintained a robust balance sheet, contributing to investor confidence [1] Company Overview - Phoenix Education Partners is positioned in the education sector, focusing on providing educational services and solutions [1] - The IPO was characterized by a healthy demand for shares, indicating positive market sentiment towards the company [1] Market Context - The IPO market is currently active, with a focus on identifying opportunities in major corporate events such as IPOs, mergers, and acquisitions [1] - The investing group "Value In Corporate Events" aims to capitalize on these events, providing insights and actionable ideas for investors [1]

Core Viewpoint - Phoenix Education Partners (PXED.US) has successfully entered the U.S. stock market, with its opening stock price rising over 30% to $41.6, compared to its IPO price of $32 [1] Company Overview - Phoenix Education Partners is an online/adult education service provider primarily targeting working adults, offering bachelor's, master's degrees, and certificate programs through online courses [1] - The company's most significant asset is the University of Phoenix, a well-known for-profit university in the U.S. established in 1976, which provides online higher education courses [1]

Core Viewpoint - Phoenix Education Partners (PXED.US) has successfully entered the U.S. stock market, with its opening stock price rising over 30% to $41.6, compared to its IPO price of $32 [1] Company Overview - Phoenix Education Partners is an online/adult education service provider primarily targeting working adults, offering bachelor's, master's degrees, and certificate programs through online courses [1] - The company's most significant asset is the University of Phoenix, a well-known for-profit university in the U.S. established in 1976, which provides online higher education courses [1]

Core Viewpoint - Phoenix Education Partners (PXED.US) has successfully launched on the US stock market, with its opening stock price rising over 30% to $41.6, compared to its IPO price of $32 [1] Company Overview - Phoenix Education Partners is an online/adult education service provider primarily targeting working adults, offering bachelor's, master's degrees, and certificate programs through online courses [1] - The company's most significant asset is the University of Phoenix, a well-known for-profit university in the United States, established in 1976, which provides online higher education courses [1]

Core Insights - Phoenix Education Partners, Inc. (PXED), the parent company of University of Phoenix (UoP), has filed an amended S1 on September 30, detailing the pricing for its upcoming IPO scheduled for October 8 [1] Company Overview - Ariel Sokol, with over twenty years of experience in corporate finance, is highlighted as a key figure in the company. He founded Kolari Consulting, focusing on subscription and edtech businesses [1] - Sokol has held significant positions, including VP of strategy and finance at Pearson's Connections Education division, which provides online program management solutions [1] - His background includes experience as a Wall Street equity research analyst covering education, software, and media sectors at firms like UBS and Wedbush Securities [1]

Company Overview - The University of Phoenix is targeting a valuation of up to $1.2 billion in its U.S. initial public offering (IPO) after more than eight years [1] - The university provides post-secondary education services primarily to working adults in the U.S. and offers 72 degree-granting and 33 non-degree certificate programs [2][3] IPO Details - Existing stockholders of Phoenix Education Partners aim to raise up to $140.3 million by offering 4.25 million shares priced between $31 and $33 each [1] - Apollo Global is selling 3.55 million shares, while Vistria Group is offloading 0.7 million shares as part of the IPO [2] Historical Context - The predecessor of Phoenix Education, Apollo Education Group, was taken private in 2017 in a $1.1 billion deal by a consortium including Vistria and Apollo [4] - The university has exited non-core programs and divested some operations under the stewardship of Apollo and Vistria [4] Recent Developments - In 2023, a non-profit affiliated with the University of Idaho agreed to acquire the operations of the University of Phoenix for $550 million, but the deal was ultimately abandoned [5] - Apollo will maintain control of a majority of Phoenix Education's voting power after the IPO [5] Underwriters and Listing - Morgan Stanley, Goldman Sachs, BMO Capital Markets, and Jefferies are the lead underwriters for the offering [5] - Phoenix Education will be listed on the New York Stock Exchange under the symbol "PXED" [5]

Table of Contents As filed with the Securities and Exchange Commission on September 30, 2025. Registration No. 333-289955 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 AMENDMENT NO. 2 TO FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 AP VIII Queso Holdings, L.P. to be converted as described herein to a corporation named Phoenix Education Partners, Inc. (Exact name of registrant as specified in its charter) (State or Other Jurisdiction of Incorporation or Organizat ...