Aspen Group, Inc.

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Aspen Group, Inc.
For more information regarding this transaction contact:
  • Mike Townley Investment Banking 213.536.0241
  • Rob Martin Investment Banking 612.260.5850

Lake Street is pleased to announce it served as a financial advisor for Aspen Group, Inc. (NasdaqCM:ASPU), a leading for-profit, online university, in its confidentially marketed public offering of 3,220,000 shares of its common stock. The shares were sold at a price of $7.15 per share, resulting in gross proceeds for Aspen Group, Inc. of $23 Million. 

About Aspen Group, Inc.

Aspen Group, Inc. is a post-secondary education company. Aspen University's mission is to offer any motivated college-worthy student the opportunity to receive a high quality, responsibly priced distance-learning education for the purpose of achieving sustainable economic and social benefits for themselves and their families. Aspen is dedicated to providing the highest quality education experiences taught by top-tier faculty; 54% of Aspen University's faculty hold doctoral degrees.


Mike Townley
Head of Investment Banking


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Dave McDonald
Head of Life Science Investment Banking


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Tim Klein

Investment Banking


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Rob Martin

Investment Banking


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Steve Rickman

Investment Banking


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