UK Nursery Operator iStep Learning Files for IPO on NYSE American
UK nursery group iStep Learning has filed for an IPO on NYSE American, planning to sell 4 million shares at $4 to $5 each, per Dow Jones Newswires.
- published on Newsmetry
- original source published
the public page opens no earlier than 15 minutes after we detect the story. approved stories may reach the api sooner. connect the api →
what happened
According to Dow Jones Newswires, the British childcare company iStep Learning has submitted paperwork for a public share sale on the NYSE American exchange. The firm intends to sell 4 million shares and expects a price range of $4 to $5 per share. Formed in 2023 by combining the Bambinos and Nursery Family groups, it now runs 24 facilities under nine brands, caring for 1,280 children from three months to five years old. It also holds a minority stake in DPS Education, which operates a school for pupils with special educational needs in Lincolnshire. For the year ended June 30, the company posted an operating loss of 1.87 million pounds ($2.4 million) on revenue of 17.9 million pounds, versus a loss of 1.8 million pounds on 14.3 million pounds the year before. Shares are planned to trade under the ticker ISTL.
why it matters
For the market this is a small listing, mainly of interest to investors in UK education services and micro-cap IPOs. Revenue grew noticeably, but the operating loss stayed close to 2 million pounds, a detail investors will likely weigh against the proposed price range.
tags
instruments
sources
- Childhood Education Co. IStep Learning Files for IPO — Dow Jones Newswires, 19 October 2026 at 21:55 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
the public page opens no earlier than 15 minutes after we detect the story. approved stories may reach the api sooner.
get stories in real time ↗