Trading Began on the NYSE "Big Board" TodayHERNDON, Va., Dec 31, 2008 (BUSINESS WIRE) -- As announced yesterday, K12 Inc. (NYSE:LRN), a leading provider of
proprietary, technology-based curriculum and education services created
for online delivery to students in kindergarten through 12th grade,
began trading on the NYSE "Big Board" today. In connection with the
transfer to the NYSE "Big Board", the Company gave notice to NYSE Arca
today of its intention to voluntarily delist its common stock from NYSE
Arca. The Company determined that it was in the best interests of the
Company and its stockholders to withdraw its listing from NYSE Arca in
light of the Company's acceptance for listing on the New York Stock
Exchange. The Company is now completing the process of delisting its
common stock from NYSE Arca.
About K(12)
K12 Inc. (NYSE:LRN) is a leading provider of proprietary,
technology-based curriculum and online education programs to students in
grades K-12. K(12) provides its curriculum and academic
services to online schools, traditional classrooms, blended school
programs, and directly to families. Over 50,000 students in 21 states
are enrolled in online public schools using the K(12) program.
K12 Inc. also operates the K(12) International Academy, an
accredited, diploma-granting online private school serving students
worldwide.
K(12)'s mission is to provide any child the curriculum and
tools to maximize success in life, regardless of geographic, financial,
or demographic circumstances. K12 Inc. is accredited through the
Commission on International and Trans-Regional Accreditation (CITA). It
is the largest national K-12 online school provider to be recognized by
CITA. More information can be found at www.K12.com.
K(12)(R) is a registered trademark and the K(12) logo,
xPotential and Unleash the xPotential are trademarks of K12 Inc.
SOURCE: K12 Inc.
K12 Inc.
Investor Contact:
Keith Haas
VP, Financial Planning & Analysis and Investor Relations
703-483-7077
khaas@k12.com
Press Contact:
Jeff Kwitowski
VP, Public Relations
703-483-7281
jkwitowski@k12.com