Grand Canyon Education (LOPE) Files $230M IPO

May 13, 2008 4:30 PM EDT

Grand Canyon Education (Nasdaq: LOPE) filed a registration statement with the SEC for an initial public offering of its common stock. The proposed maximum aggregate offering price is $230 million. The company plans to list on the NASDAQ under the stock symbol "LOPE".

The offering is being made through Credit Suisse, Merrill Lynch, BMO Capital Markets, William Blair and Piper Jaffray.

Grand Canyon Education is provider of online postsecondary education services focused on offering graduate and undergraduate degree programs in our core disciplines of education, business, and healthcare. [BCS]

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