Ed-Tech Policy News in Brief

Online-Course Provider K12 Inc. Goes Public to Expand Reach

By Andrew Trotter — December 18, 2007 1 min read

The online course provider K12 Inc. became a public company last week, issuing 6 million shares at an initial share price of $18.

Ronald J. Packard, the founder and chief executive officer, said in a Dec. 13 interview that the $108 million in proceeds from issuing the stock would “accelerate the growth rate of the number of children we serve” and fuel plans to expand internationally.

The Herndon, Va.-based company said it provides its online curriculum and educational services to 39,500 K-12 students in 17 states, many through publicly funded virtual charter schools.

The company is listed on the New York Stock Exchange by the ticker symbol LRN.

See Also

For more stories on this topic see Technology.

A version of this article appeared in the December 19, 2007 edition of Education Week

Events

This content is provided by our sponsor. It is not written by and does not necessarily reflect the views of Education Week's editorial staff.
Sponsor
Future of Work Webinar
Digital Literacy Strategies to Promote Equity
Our new world has only increased our students’ dependence on technology. This makes digital literacy no longer a “nice to have” but a “need to have.” How do we ensure that every student can navigate
Content provided by Learning.com
Mathematics Online Summit Teaching Math in a Pandemic
Attend this online summit to ask questions about how COVID-19 has affected achievement, instruction, assessment, and engagement in math.
School & District Management Webinar Examining the Evidence: Catching Kids Up at a Distance
As districts, schools, and families navigate a new normal following the abrupt end of in-person schooling this spring, students’ learning opportunities vary enormously across the nation. Access to devices and broadband internet and a secure

EdWeek Top School Jobs

Speech Therapists
Lancaster, PA, US
Lancaster Lebanon IU 13
Elementary Teacher
Madison, Wisconsin
One City Schools

Read Next

Ed-Tech Policy New York Banned Facial Recognition in Schools. Will Other States Follow?
New York schools are prohibited from using the widely criticized biometric identifying technology until at least July 2022.
3 min read
Girl looking into smartphone facial recognition
Getty
Ed-Tech Policy Dawn of an Education-Friendly FCC? Chairman Ajit Pai Moving On
The FCC chairman plans to step down from his role at the end of President Donald Trump's term on Jan. 20.
3 min read
Federal Communications Chairman Ajit Pai arrives for an FCC meeting to vote on net neutrality.
Federal Communications Chairman Ajit Pai arrives for an FCC meeting to vote on net neutrality. 
Associated Press
Ed-Tech Policy Many Students Still Lack Home Internet. Here's How Big the Problem Is.
Only 11 percent of school district leaders and principals said all their students have the home internet access they need to fully participate in virtual instruction.
3 min read
Ed-Tech Policy Districts: Here's How to Get Some Help With the E-Rate
Ed tech officials: Confused about the E-Rate? The State Educational Technology Directors Association is on the case.
1 min read