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NEWS ALERT: Grand Canyon Education lockup expires on May 18

May 13, 2009

The IPO lock up period for Grand Canyon Education is set to expire on 5/18/09. The company, which provides online degree programs in education, business and healthcare, offered 10,500,000 on 11/19/08, representing 24.38% of the total number of shares then outstanding. Credit Suisse acted as lead managers on the deal.

CompanyTickerDeal SizeIPO PriceCurrent PriceTotal ReturnLockup Exp Date
Grand Canyon EducationLOPE$126.0 mil$12.00$15.3427.8%5/18/09