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Software Company to Go Public, Build Schools for UNICEF

Online Education Company Goes Public

An online education company, 3p Learning, is going public in hopes of raising $300 million to bring its software into schools across the globe. The company has set its price at $2.50 per share and is offering 135 million shares to IPO. 

The software is currently used in 17,000 schools worldwide and offers more than 1,200 activities aligned with international curricula, according to EducationNews.org. The product offers students rewards, certificates and online gaming. One popular 3p Learning feature is Live Mathletics, where students can race against classmates to answer basic math questions.

"Within the Live Mathletics area, students can challenge each other to 60-second mental arithmetic races," said 3p Learning's websites. "Each time they do so, they will earn Connector points. Every time 2 million Connector Points have been earned by students globally, we will add a piece to our jigsaw puzzle of a school displayed in the Mathletics student interface. When all 12 pieces of the puzzle are in place, Mathletics will fund the building of a brand new school in a UNICEF-supported part of the world. The more connections made, the more schools we will build."

Thus far, 3p Learning has helped 10,000 students in the UNICEF program. 

Read the full story. 

Article by Kassondra Granata, EducationWorld Contributor

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