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Artisan Partners Asset Management (APAM) to Sell 1.11M Shares for Company and Holder

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Artisan Partners Asset Management Inc. Announces Offering of Class A Common Stock

February 24, 2021 4:53 PM EST

MILWAUKEE, Feb. 24, 2021 (GLOBE NEWSWIRE) -- Artisan Partners Asset Management Inc. (NYSE: APAM) (the Company or Artisan Partners) is announcing today that it has agreed to sell 963,614 shares of the Companys Class A common stock (representing approximately 1% of the firms outstanding equity) and a selling stockholder has agreed to sell 146,466 shares of the Companys Class A common stock in an underwritten public offering, for an aggregate offering size of 1,110,080 shares of the Companys Class A common stock.

The Company intends to use all of the net proceeds of the offering received by... More