In a record intraday percentage gain, shares of OpenLearning (ASX:OLL) soared by as much as 64.7% to A$0.028.

This was the highest level the stock has reached since August 22, 2023.

The education technology company made waves by signing a A$1 million platform and content license deal with Asia Pacific International College (APIC).

As part of the agreement, APIC will use OpenLearning’s platform to deliver three higher education units focused on artificial intelligence.

Trading activity was higher than usual, with about 1 million shares changing hands, substantially higher than the 30-day average volume of 86,378.

Despite today’s gains, the stock is down 5.6% Year to Date, based on the last close.

OpenLearning is an education technology company that offers a platform for delivering high education units.