{"filing":{"accession_number":"0001193125-26-389857","cik":"0001046568","ticker":"PRDO","company_name":"PERDOCEO EDUCATION Corp","form":"8-K","filing_date":"2026-09-14","report_date":"2026-09-14","primary_document":"d61984d8k.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/1046568/000119312526389857/d61984d8k.htm"},"events":[{"id":33130,"run_id":30456,"accession_number":"0001193125-26-389857","anchor_item_number":"1.01","event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.97,"summary":"Perdoceo Education Corporation entered into a definitive Membership Interest Purchase Agreement on September 14, 2026, to acquire 100% of South University Savannah, LLC for approximately $150 million in initial cash consideration plus $18 million in deferred payments and up to $56 million in earn-out payments. The acquisition of this substantial educational institution with $291 million in annual revenues and 10,500 students is expected to be immediately accretive to adjusted operating income beginning in 2027 and materially expands Perdoceo's graduate health sciences offerings.","company_name":"PERDOCEO EDUCATION Corp","ticker":"PRDO","filing_date":"2026-09-14","form":"8-K","submitted_at":null,"items":[{"id":36489,"accession_number":"0001193125-26-389857","item_number":"1.01","item_title":null,"event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.98,"reasoning":"Perdoceo Education Corporation entered into a definitive Membership Interest Purchase Agreement on September 14, 2026, to acquire 100% of South University Savannah, LLC for approximately $150 million in initial cash consideration plus $18 million in deferred payments and up to $56 million in earn-out payments. This is a material acquisition of a substantial educational institution with $291 million in annual revenues and 10,500 students, representing a significant M\u0026A transaction that would materially affect investor assessment of the registrant's financial position and strategic direction.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-09-14T12:00:56.782890+00:00","company_name":"","ticker":null,"filing_date":""},{"id":36490,"accession_number":"0001193125-26-389857","item_number":"7.01","item_title":null,"event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.95,"reasoning":"Perdoceo Education Corp announced entry into a definitive purchase agreement to acquire 100% of South University for approximately $130–150 million at closing plus $18 million deferred consideration and up to $56 million in earn-out payments. The acquisition is a material transaction that expands Perdoceo's graduate health sciences offerings and is expected to be immediately accretive to adjusted operating income beginning in 2027. This is a classic material acquisition disclosure under Item 1.01 of Form 8-K, disclosed here via Item 7.01 (Regulation FD Disclosure).","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-09-14T12:00:56.782890+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":36489,"accession_number":"0001193125-26-389857","item_number":"1.01","item_title":null,"event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.98,"reasoning":"Perdoceo Education Corporation entered into a definitive Membership Interest Purchase Agreement on September 14, 2026, to acquire 100% of South University Savannah, LLC for approximately $150 million in initial cash consideration plus $18 million in deferred payments and up to $56 million in earn-out payments. This is a material acquisition of a substantial educational institution with $291 million in annual revenues and 10,500 students, representing a significant M\u0026A transaction that would materially affect investor assessment of the registrant's financial position and strategic direction.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-09-14T12:00:56.782890+00:00","company_name":"PERDOCEO EDUCATION Corp","ticker":"PRDO","filing_date":"2026-09-14"},{"id":36490,"accession_number":"0001193125-26-389857","item_number":"7.01","item_title":null,"event_type":"ma_activity","event_domain":"operational","is_material":true,"confidence":0.95,"reasoning":"Perdoceo Education Corp announced entry into a definitive purchase agreement to acquire 100% of South University for approximately $130–150 million at closing plus $18 million deferred consideration and up to $56 million in earn-out payments. The acquisition is a material transaction that expands Perdoceo's graduate health sciences offerings and is expected to be immediately accretive to adjusted operating income beginning in 2027. This is a classic material acquisition disclosure under Item 1.01 of Form 8-K, disclosed here via Item 7.01 (Regulation FD Disclosure).","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-09-14T12:00:56.782890+00:00","company_name":"PERDOCEO EDUCATION Corp","ticker":"PRDO","filing_date":"2026-09-14"}]}
