Grand Canyon Education Inc., a Phoenix-based provider of online post-secondary education services, raised $126 million in its IPO. The company priced 10.5 million shares at $12 per share, which was at the low end of an already-reduced $10-$12 per share range. It will trade on the Nasdaq under ticker symbol “LOPE.” Credit Suisse and Merrill Lynch served as co-lead underwriters. Shareholders include Endeavour Capital (32.6 percent pre-IPO stake). It is the first IPO to price on a U.S. exchange in more than three months.