American Public Education Inc. has announced its decision to redeem all 400 outstanding shares of its Series A Senior Preferred Stock. The redemption is set to occur on June 23, 2025, at a price of approximately $111,137.88 per share, which includes around $3,415.91 in accrued and unpaid dividends per share. The total cash consideration for the redemption amounts to approximately $44.46 million, inclusive of about $1.37 million in accrued and unpaid dividends. This move is in accordance with the terms outlined in their Certificate of Designation.
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