StepStone Group (STEP) Prices 4.1M Share Secondary Offering at $50/sh
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StepStone Announces Pricing of Secondary Offering
September 9, 2024 9:23 PM EDTNEW YORK, Sept. 09, 2024 (GLOBE NEWSWIRE) -- StepStone Group Inc. (StepStone) today announced the pricing of the previously announced underwritten offering of 4,099,997 shares of StepStones Class A common stock, at a price of $50.00 per share (before underwriting discounts and commissions) (the Offering). The Offering is expected to close on September 11, 2024, subject to the satisfaction of customary closing conditions.
StepStone intends to use all of the net proceeds from the Offering, after underwriting discounts and commissions and expenses, to purchase shares of Class A common stock from certain holders thereof and to pay cash upon exchange of Class B... More
