Bridgepoint Education, Inc. (NYSE:BPI), a provider of postsecondary education services, will ring the opening bell at the New York Stock Exchange this morning to celebrate the completion of its recent initial public offering (IPO) and listing on the NYSE.
“The opening bell ceremony marks an important milestone for Bridgepoint Education and sets the stage for the next chapter in our history. We are extremely proud of our accomplishments to date, as our value proposition continues to gain momentum and acceptance,” said Andrew Clark, CEO of Bridgepoint Education, Inc. “We are committed to the success of our students, providing them with a quality educational experience grounded in our core operating tenets - affordability, transferability, accessibility and heritage of our academic institutions.”
"Bridgepoint Education is an excellent addition to our family of NYSE-listed companies," said Scott R. Cutler, NYSE Euronext EVP and Head of Listings, Americas. "The initial public offering of Bridgepoint Education demonstrates that companies committed to the capital raising and listing process can successfully list on the NYSE even in difficult market conditions. We look forward to a long-standing partnership with Bridgepoint Education and its shareholders."
Bridgepoint Education began trading on the NYSE on April 15, 2009, under the ticker symbol BPI.
To watch the bell-ringing live, visit www.nyx.com at 9:26 a.m. EST on Thursday, May 28, 2009. The webcast is also available as a direct link. The URL for the live broadcast is http://mfile.akamai.com/7096/live/reflector:30120.asx. In addition, the archived webcast will be available shortly after the event at http://www.nyse.com/events/1243333811500.html.
About Bridgepoint Education
Bridgepoint Education’s postsecondary education services focus on offering associate's, bachelor's, master's and doctoral programs in the disciplines of business, education, psychology, social sciences and health sciences. Bridgepoint Education’s regionally accredited academic institutions – Ashford University and University of the Rockies – deliver their programs online as well as at traditional campuses located in Clinton, Iowa, and Colorado Springs, Colorado, respectively.