StepStone Group (STEP) Prices 4.5M Share Offering at $52.35/sh

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StepStone Announces Pricing of Secondary Offering

November 15, 2021 9:19 PM EST

NEW YORK, Nov. 15, 2021 (GLOBE NEWSWIRE) -- StepStone Group Inc. (StepStone) today announced the pricing of the previously announced underwritten secondary offering by certain of its stockholders (the Selling Stockholders) of 4,500,000 shares of StepStones Class A common stock, at a price to the public of $52.35 per share (before underwriting discounts and commissions) (the Offering). The Selling Stockholders have also granted the underwriters a 30-day option to purchase up to an additional 675,000 shares of StepStones Class A common stock. The Selling Stockholders will receive all of the net proceeds from the Offering. StepStone is not offering any shares of its Class A... More