PERDOCEO EDUCATION Corp Updates Business Address in 8-K Filing
Ticker: PRDO · Form: 8-K · Filed: 2024-02-06T00:00:00.000Z
Sentiment: neutral
Topics: administrative, corporate-update, address-change
TL;DR
**PRDO filed a routine 8-K for an address change, no material impact.**
AI Summary
PERDOCEO EDUCATION Corp (PRDO) filed an 8-K on February 5, 2024, to update its corporate information, specifically its business address to 1750 E. Golf Rd. Suite 350, Schaumburg, Illinois, 60173. This filing is a routine administrative update and does not indicate any significant operational or financial changes. For investors, this means there's no immediate impact on the company's valuation or strategic direction, as it's merely a change in physical location, not a change in business model or financial health.
Why It Matters
This filing is a routine administrative update, indicating a change in the company's physical business address. It does not signal any operational shifts or financial performance changes for PERDOCEO EDUCATION Corp.
Risk Assessment
Risk Level: low — The filing is purely administrative, reporting a change of address, which carries minimal risk to investors.
Analyst Insight
Investors should note this is a routine administrative update with no material impact on the company's operations or financial health. No immediate action is required based on this filing alone.
Key Players & Entities
- PERDOCEO EDUCATION Corp (company) — the registrant filing the 8-K
- February 05, 2024 (date) — date of earliest event reported
- 1750 E. Golf Rd. Suite 350 (address) — new principal executive office address
- Schaumburg, Illinois, 60173 (address) — new principal executive office city, state, and zip code
- 847-781-3600 (phone_number) — registrant's telephone number
- Delaware (state) — state of incorporation
- 0-23245 (string) — Commission File Number
- 36-3932190 (string) — IRS Employer Identification No.
- PRDO (string) — Trading Symbol for Common Stock
- The Nasdaq Global Market (string) — exchange where Common Stock is registered
FAQ
What is the primary purpose of this 8-K filing by PERDOCEO EDUCATION Corp?
The primary purpose of this 8-K filing is to report an 'Other Event' which includes an update to PERDOCEO EDUCATION Corp's business address, as indicated by the 'Date of Report (Date of earliest event reported): February 05, 2024' and the new address provided.
What is the new principal executive office address for PERDOCEO EDUCATION Corp as stated in the filing?
The new principal executive office address for PERDOCEO EDUCATION Corp is 1750 E. Golf Rd. Suite 350, Schaumburg, Illinois, 60173, according to the filing.
What is the trading symbol and the exchange where PERDOCEO EDUCATION Corp's common stock is registered?
PERDOCEO EDUCATION Corp's common stock has the trading symbol PRDO and is registered on The Nasdaq Global Market, as stated under 'Securities registered pursuant to Section 12(b) of the Act'.
Does this 8-K filing indicate any changes in the company's financial statements or exhibits?
The filing lists 'ITEM INFORMATION: Financial Statements and Exhibits' but the content of the 8-K itself, specifically the 'Other Events' section, only details the address change. Without further exhibits, the 8-K does not explicitly state any changes to financial statements.
What is the state of incorporation for PERDOCEO EDUCATION Corp?
PERDOCEO EDUCATION Corp is incorporated in Delaware, as indicated by 'Delaware (State or Other Jurisdiction of Incorporation)' in the filing.
Filing Stats: 518 words · 2 min read · ~2 pages · Grade level 11.2 · Accepted 2024-02-05 17:41:57
Key Financial Figures
- $0.01 — nge on which registered Common Stock, $0.01 par value PRDO The Nasdaq Global Ma
- $0.11 — ectors declared a quarterly dividend of $0.11 per share of common stock as part of th
Filing Documents
- prdo-20240205.htm (8-K) — 42KB
- prdo-ex99_1.htm (EX-99.1) — 11KB
- img8661304_0.jpg (GRAPHIC) — 3KB
- 0000950170-24-011379.txt ( ) — 170KB
- prdo-20240205.xsd (EX-101.SCH) — 24KB
- prdo-20240205_htm.xml (XML) — 5KB
01 Other Events
Item 8.01 Other Events. On February 5, 2024, Perdoceo Education Corporation (the " Company ") issued a press release announcing that its board of directors declared a quarterly dividend of $0.11 per share of common stock as part of the Company's dividend policy, which will be paid on March 15, 2024, to holders of record of the Company's common stock as of March 1, 2024. Any decision to pay future cash dividends, however, will be made by the board of directors and depend on the Company's available retained earnings, financial condition and other relevant factors. A copy of the Company's press release is attached hereto as Exhibit 99.1.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits. The exhibits to this Current Report on Form 8-K are listed in the "Exhibit Index," which is contained herein and incorporated by reference herein. Exhibit Index Exhibit Number Description of Exhibits 99.1 Press release of the Company dated February 5, 2024. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document).
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. PERDOCEO EDUCATION CORPORATION Date: February 5, 2024 By: /s/ Ashish R. Ghia Ashish R. Ghia Senior Vice President and Chief Financial Officer