News · 26 weeks70%
2025-12-072026-05-31
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25 items- PRAspen Group, Inc. Amends and Extends Debt AgreementMaturity Date Extended by One Year to May 2027Quarterly Principal Amortization Payment Reduced PHOENIX, May 11, 2026 (GLOBE NEWSWIRE) -- Aspen Group, Inc. ("AGI" or the "Company") (OTCQB:ASPU), an education technology holding company and the parent company of Aspen University, Inc. ("AU") and United States University, Inc. ("USU"), announced today it entered into a Seventh Amendment to its 15% Senior Secured Debentures with JGB Management Inc. ("JGB"). Under the amendment, among other things, the maturity date of the debentures is extended by one year, from May 13, 2026 to May 13, 2027. In addition, beginning July 31, 2026, the quarterly principal amortization payments are reduced from $
- PRAspen Group to Present at 16th Annual LD Micro Invitational on May 19, 2026PHOENIX, May 05, 2026 (GLOBE NEWSWIRE) -- Aspen Group, Inc. ("AGI") (OTCQB:ASPU), an education technology holding company and the parent company of Aspen University (AU) and United States University (USU), announced today that Matt LaVay, CEO, and Executive Chairman Mike Mathews will attend the LD Micro 16th Annual Invitational, being held May 17-19, 2026, at the Luxe Sunset Boulevard Hotel in Los Angeles, California. On Tuesday, May 19, Mr. LaVay and Mr. Mathews will deliver a company presentation at 9:30 a.m. PDT and host one-on-one meetings with investors that same day. Aspen Group's differentiated, low-cost post-graduate education model provides high-quality education, affordable tuit
- PRUNITED STATES UNIVERSITY Announces Strategic Alliance with PLAY MUSIC-ENJOYLIFE! to Expand After-School Music & Wellness ProgramsLOS ANGELES, March 23, 2026 (GLOBE NEWSWIRE) -- United States University (USU), a subsidiary of the parent company Aspen Group, Inc. ("AGI") (OTCQB:ASPU), today announced a new strategic alliance with PLAY MUSIC-ENJOY LIFE! (PMEL) and RADCO Music Group, LLC, a multi-award-winning Music and Wellness organization based in the Greater Los Angeles area. This collaboration expands USU's growing portfolio of innovative academic and community partnerships and, introduces PMEL's new after-school group piano instruction program for K–12 students across the Los Angeles Unified School District (LAUSD) and other public school districts throughout the state of California. Under this arrangement, USU w
- PRAspen Group Reports Fourth Consecutive Quarter of Net Income for Third Quarter Fiscal 2026Q3 Fiscal 2026 Highlights (compared to Q3 Fiscal year 2025) Record net income of $1.4 million versus net loss of $(1.0) million in Q3 FY2025 Operating expenses reduced 18% year-over-year, driving operating income of $1.7 million and 17% operating marginAdjusted EBITDA of $3.0 million (29% margin), up from $1.7 million (15% margin) in the prior-year quarter 2Fifth consecutive quarter of positive operating cash flow, reaching $1.0 million PHOENIX, March 16, 2026 (GLOBE NEWSWIRE) -- Aspen Group, Inc. (OTCQB:ASPU) ("AGI" or the "Company"), an education technology holding company, today announced financial results for its third quarter of fiscal year 2026 ended January 31, 2026. Third Quarte
- PRAspen Group Announces Leadership TransitionPHOENIX, March 16, 2026 (GLOBE NEWSWIRE) -- Aspen Group, Inc. ("AGI") (OTCQB:ASPU), an education technology holding company and the parent company of Aspen University (AU) and United States University (USU), announced today a leadership transition designed to support the company's next phase of growth and operational execution. Effective today, March 16, Matt LaVay, currently Chief Financial Officer of Aspen Group, will assume the role of Chief Executive Officer and will join the Aspen Group Board of Directors. Michael Mathews, who has served as Chief Executive Officer since 2012, will transition to Executive Chairman of the Board. The leadership transition is part of the company's planne
- PRAspen Group Reports Third Consecutive Quarter of Net Income for Second Quarter Fiscal 2026Continued profitability expansion with net income of $0.7 million versus net loss of $(1.1) million in Q2 FY2025, and up from net income of $0.4 million in Q1 FY2026Revenue of $11.2 million; USU increases 9% year-over-yearDisciplined cost controls deliver operating income of $1.0 millionPositive Adjusted EBITDA of $2.5 million versus $1.5 million; Adjusted EBITDA margin of 22% versus 14%Fourth consecutive quarter of positive operating cash flow of $0.5 million PHOENIX, Dec. 15, 2025 (GLOBE NEWSWIRE) -- Aspen Group, Inc. (OTCQB:ASPU) ("AGI" or the "Company"), an education technology holding company, today announced financial results for its second quarter of fiscal year 2026 ended October
- PRAvalon GloboCare Acquires RPM Interactive, a Generative AI Software Company, in an All-Stock TransactionCompany forms a new subsidiary, Avalon Quantum AI, LLC, in connection with the acquisition Acquisition expected to resolve Nasdaq minimum stockholders' equity deficiency RPM Interactive has developed a fully automated, generative AI powered SaaS platform for creating short-form video content FREEHOLD, N.J., Dec. 15, 2025 (GLOBE NEWSWIRE) -- Avalon GloboCare Corp. ("Avalon" or the "Company") (NASDAQ:ALBT), a developer of precision diagnostic consumer products, today announced that it has acquired RPM Interactive, Inc. ("RPM"), a generative artificial intelligence ("AI") publishing and software company, in an all-stock transaction. As a result of the acquisition, the Company believes it
- PRAspen Group Reports Second Consecutive Quarter of Net Income for First Quarter Fiscal 2026Second consecutive quarter of net income of $0.4 million Revenue increased to $11.4 million, led by growth from USUDisciplined cost controls deliver operating income of $0.7 millionPositive Adjusted EBITDA of $1.9 million as compared to $0.4 millionThird consecutive quarter of positive operating cash flow of $0.4 million PHOENIX, Oct. 31, 2025 (GLOBE NEWSWIRE) -- Aspen Group, Inc. (OTCQB:ASPU) ("AGI" or the "Company"), an education technology holding company, today announced financial results for its first quarter of fiscal year 2026, ended July 31, 2025. First Quarter Fiscal Year 2026 Summary Results Three Months Ended July 31,$ in millions, except per share data 2025 2024 Revenue$1
- PRAspen Group, Inc. Announces Plan to Merge Aspen University and United States UniversityNEW YORK, Sept. 16, 2025 (GLOBE NEWSWIRE) -- Aspen Group, Inc. ("AGI") (OTCQB:ASPU), an education technology holding company and the parent company of Aspen University (AU) and United States University (USU), announced today the commencement of the merger process between AU and USU, with USU as the surviving entity. This merger is a strategic move to enhance the company's long-term sustainability by uniting the unique strengths and rich legacies of both institutions. By merging the two school's resources, faculty, and academic programs, the company will be able to offer students a wider array of courses, new research opportunities, and expanded career pathways. The Board of Trustees
- PRAspen Group Delivers Positive Operating Income in Third Quarter Fiscal 2025Q3 Fiscal 2025 Highlights (compared to Q3 Fiscal 2024) Gross margin increased by 400 basis points to 68%Lowered operating expense by $3.3 million to deliver operating income of $0.4 millionNet loss of $(0.9) million reflects a $(0.9) million non-cash fair value adjustment of put warrantsDelivers positive Adjusted EBITDA of $1.7 million as compared to $0.2 million PHOENIX, March 13, 2025 (GLOBE NEWSWIRE) -- Aspen Group, Inc. (OTCQB:ASPU) ("AGI" or the "Company"), an education technology holding company, today announced financial results for its third quarter fiscal year 2025 ended January 31, 2025. Third Quarter Fiscal Year 2025 Summary Results Three Months Ended January 3
- PRAspen Group, Inc. Announces Reaccreditation of Aspen University by Distance Education Accrediting CommissionNEW YORK, Feb. 25, 2025 (GLOBE NEWSWIRE) -- Aspen Group, Inc. ("AGI") (OTCQB:ASPU), an education technology holding company, today announced that Aspen University (AU) has received notification of its renewal of accreditation from the Distance Education Accrediting Commission (DEAC), which is listed by the U.S. Department of Education as a recognized accrediting agency and recognized by the Council for Higher Education Accreditation (CHEA). The commission granted accreditation renewal to AU for five years through January 2029, the maximum accreditation period permitted by DEAC. Accreditation by DEAC is a reliable indicator of the value and quality of the distance education that an institu
- PRAspen Group Reports Positive Cash from Operations Fiscal Year-to-DateQ2 Fiscal 2025 Highlights Reports revenue of $11.5 Million Gross margin increased to 71% from 63% Net loss of $(4.2) million reflects $(4.9) million one-time non-cash lease related impairment charges for right-of-use assets and tenant leasehold improvements Adjusted EBITDA improved by 42% year-over-year due to continued cost controls PHOENIX, Dec. 16, 2024 (GLOBE NEWSWIRE) -- Aspen Group, Inc. (OTC Markets: ASPU) ("AGI" or the "Company"), an education technology holding company, today announced financial results for its second quarter fiscal year 2025 ended October 31, 2024. Second Quarter Fiscal Year 2025 Summary Results Three Months Ended October 31, Six Months Ended October 31,$ in
- PRAspen Group Delivers Positive Cash Flow from Operations in Fiscal Q1 2025Reports Revenue of $11.3 Million in Fiscal Q1 2025Further restructured operating expenses and debt to preserve cash and position the company for sustained positive EBITDA Successfully resolved outstanding regulatory issues during calendar year 2024Completion of teach-out for all AU BSN Pre-licensure students as of September 2024Demand for post-licensure nursing degrees remains strong PHOENIX, Dec. 06, 2024 (GLOBE NEWSWIRE) -- Aspen Group, Inc. (OTC Markets: ASPU) ("AGI"), an education technology holding company, today announced financial results for its first quarter of fiscal year 2025 ended July 31, 2024. First Quarter Fiscal Year 2025 Summary Results Three Months Ended July 31,$
- PRAspen University Removed from HCM2 Payment MethodPHOENIX, Aug. 19, 2024 (GLOBE NEWSWIRE) -- Aspen Group, Inc. ("AGI" or the "Company") (OTCQB:ASPU), an education technology holding company, announced today that Aspen University ("AU") has been removed from the Heightened Cash Monitoring 2 ("HCM2") status by the U.S. Department of Education ("DOE"). Effective August 16, 2024, AU transitioned to Heightened Cash Monitoring 1 ("HCM1") status. Under the previous HCM2 payment method, AU had to disburse student financial aid from its own institutional funds. AU was then required to submit a Reimbursement Payment Request (the Request) to the DOE, and reimbursement was received only after the DOE completed its review of the Request. With the tra
- PRAspen University Announces the Distance Education Accrediting Commission has Vacated its Show Cause Directive Effective ImmediatelyPHOENIX, July 22, 2024 (GLOBE NEWSWIRE) -- Aspen Group, Inc. ("AGI" or the "Company") (OTCQB:ASPU), an education technology holding company, announced today that on July 19, 2024, the Company received notification from the Distance Education Accrediting Commission (the Commission) regarding its decision to vacate the show cause directive previously issued to Aspen University ("Aspen") on February 1, 2023. Upon careful review of the record, the Commission determined that Aspen has made substantial progress toward demonstrating compliance with DEAC standards. Accordingly, the Commission voted to vacate the show cause directive. DEAC requested that Aspen keep the Commission informed on the s
- PRAspen Group, Inc. Receives Stockholder Approval to Increase the Number of Shares of Common Stock AuthorizedPHOENIX, June 10, 2024 (GLOBE NEWSWIRE) -- Aspen Group, Inc. ("AGI" or the "Company") (OTCQB:ASPU), an education technology holding company, today announced that the Company received approval of an amendment to the Certificate of Incorporation of the Company to increase the number of shares of common stock authorized to 85 million shares. Michael Mathews, Chief Executive Officer and Chairman of the Board, presided at the special stockholder meeting earlier today. According to Broadridge, the virtual stockholder meeting platform provider, 18,215,780 shares of the Company's common stock were represented at the meeting. Each share was entitled to one vote, establishing a quorum with shares r
- PRAspen Group, Inc. Amends DebenturesPHOENIX, May 02, 2024 (GLOBE NEWSWIRE) -- Aspen Group, Inc. ("AGI" or the "Company") (OTCQB:ASPU), an education technology holding company, today announced it entered into third and fourth amendments to its Senior Secured Debentures issued May 11, 2023 with JGB Management Inc. ("JGB"). The amendments, among other things, reduce the Company's debt principal repayment obligations by up to nine months, provide for the prepayment of $500,000 of principal utilizing restricted cash, and made the Debentures convertible into common stock at $0.50 per share. The Company also announced the signing of an agreement with the holders of $10 million of its convertible notes under which the Company issue
- 13D/GSEC Form SC 13G/A filed by Aspen Group Inc. (Amendment)SC 13G/A - ASPEN GROUP, INC. (0001487198) (Subject)
- PRAspen Group Reports Revenue of $13.8 Million for Second Quarter Fiscal 2024Q2 Fiscal 2024 Highlights Gross margin increased by 300 basis points to 63% Operating loss improved 66% to ($0.5) million from ($1.5) millionNarrowed net loss to ($1.6) million from ($2.3) million4th consecutive quarter of positive EBITDA; generated positive cash from operationsAGI total enrollment grew by 5% YoY and 34% sequentially; USU enrollment rose by 8% YoY NEW YORK, Jan. 18, 2024 (GLOBE NEWSWIRE) -- Aspen Group, Inc. (OTCQB:ASPU) ("AGI" or the "Company"), an education technology holding company, today announced financial results for its second quarter fiscal year 2024 ended October 31, 2023. Second Quarter Fiscal Year 2024 Summary Results Three Months Ended October 31, Six Mon
- PRAspen Group, Inc. to Report Financial Results for the Second Quarter of Fiscal Year 2024 on January 18, 2024NEW YORK, Jan. 04, 2024 (GLOBE NEWSWIRE) -- Aspen Group, Inc. ("Aspen Group" or "AGI") (NASDAQ:ASPU), an education technology holding company, today announced that it will report financial results for the period ended October 31, 2023, on Thursday, January 18, 2024 at 4:30 pm ET. Conference Call Information: Aspen Group, Inc. will host a conference call to discuss its second quarter fiscal year 2024 results and business outlook on Thursday, January 18, 2024, at 4:30 pm ET. Aspen Group, Inc. will issue a press release reporting results after the market closes on that day. The conference call can be accessed by dialing toll-free (877) 704-4453 (U.S.) or (201) 389-0920 (International), pass
- PRAspen Group, Inc. Announces Up-listing to OTCQB MarketNEW YORK, Oct. 18, 2023 (GLOBE NEWSWIRE) -- Aspen Group, Inc. ("AGI") (OTCQB:ASPU), an education technology holding company, today announced its successful up-listing from the OTC Pink Market to the OTCQB® Venture Market (the "OTCQB") effective for trading October 18, 2023 at the open. Aspen Group will continue to trade under the ticker symbol "ASPU." The OTCQB, operated by OTC Markets Group, Inc., is a premier market designed for developing and entrepreneurial companies in the United States and abroad committed to providing investors with improved market visibility to enhance trading liquidity. To be eligible for trading on the OTCQB, companies must be current in their financial re
- INSIDERKoehneman Michael L was granted 20,000 shares (SEC Form 4)4 - ASPEN GROUP, INC. (0001487198) (Issuer)
- INSIDERKass Douglas bought $4,485 worth of shares (25,000 units at $0.18) (SEC Form 4)4 - ASPEN GROUP, INC. (0001487198) (Issuer)
- PRAspen Group Reports Revenue of $14.6 Million and Operating Income of $0.4 million for First Quarter Fiscal 2024Reduces net loss to $(0.6) million Third consecutive quarter of positive EBITDA; increased to $1.3 million, or 9% margin, in Q1‘24Gross margin increased to 67% from 43% in the year ago quarter as a result of implementation of restructuring plansNew Student Enrollments for Aspen University and USU increased sequentially, reflecting increasing market demand for online nursing programsSecured $12.4 million debt financing in Q1'24 before discount, fees and other financing expenses NEW YORK, Sept. 29, 2023 (GLOBE NEWSWIRE) -- Aspen Group, Inc. (OTC:ASPU) ("AGI or the Company"), an education technology holding company, today announced financial results for its first quarter fiscal year 2024 end
- INSIDERKass Douglas bought $2,564 worth of shares (14,500 units at $0.18) (SEC Form 4)4 - ASPEN GROUP, INC. (0001487198) (Issuer)
ASPU FAQ
6 questionsWhat does Aspen Group Inc. do?
Aspen Group, Inc., an education technology company, provides online higher education services in the United States. The company offers certificate programs; and bachelor's, master's, and doctoral degree programs in a range of areas, including nursing and health sciences, business and technology, arts and sciences, and education. As of April 30, 2021, it had 13,886 degree-seeking students enrolled. The company was founded in 1987 and is based in New York, New York.Where does ASPU stock trade?
Aspen Group Inc. (ASPU) is listed on NASDAQ.What sector and industry is ASPU in?
Aspen Group Inc. operates in the Consumer Discretionary sector, Other Consumer Services industry.What are analysts saying about ASPU?
Aspen Group Inc. has had 6 recent analyst actions on file. The most recent action was from B. Riley Securities: Buy with a $300.00 price target on 2022-03-10.What companies are similar to ASPU?
Notable peers in the same industry include BAM (Brookfield Asset Management Inc), SE (Sea Limited), EDU (New Oriental Education & Technology Group Inc. Sponsored ADR r), IT (Gartner Inc.), SCI (Service Corporation International). Compare ASPU side-by-side with any of them on Quantisnow.How can I track ASPU on Quantisnow?
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