Possible new PXED shares

PXEDDilution

Known so far: no new shares from the prospectus covers read · no effective shelf · not yet read: warrants, converts, ATM.

Shelf room

  • Room today none, no effective shelf
How this is worked out

Shelf room: none. No shelf registration on EDGAR was declared effective in the last 3 years, so a sale needs a new registration or a private placement. Sources: public float, as of Feb 27, 2026.

What could become new Phoenix Education Partners (PXED) shares: options and RSUs, each with the 10-Q, 10-K, S-1 or 424B filing it comes from.

PXED dilution ladder

Every source of new shares on record, from the filings that created it.

36.7M outstanding; up to 40.7M fully diluted, +11%

  1. Outstandingas of Oct 27, 2026 (10-K filed Nov 3) · share count on the cover page
    36.7M
  2. Options and RSUs3.4M options, 600K RSUs10-K Nov 3, 2026 · securities left out of diluted EPS
    +4M

Not stated in the filings we read: an ATM program, warrants, convertible notes.

Counts, sizes and prices as stated in each filing; the fully diluted count is arithmetic on them. Dollars become shares only at a price a filing states. Not advice.

Shares outstanding

36.7M

Jan 2026 to Oct 2026: from 35.8M to 36.7M.

From the share count on the cover of each 10-Q and 10-K, dated as each cover states.