StepStone Group (STEP) Announces 8M Share Secondary Offering
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StepStone Announces Secondary Offering
March 16, 2021 4:20 PM EDTNEW YORK, March 16, 2021 (GLOBE NEWSWIRE) -- StepStone Group Inc. (StepStone) today announced that certain of its stockholders (the Selling Stockholders), intend to offer for sale in an underwritten secondary offering 8,000,000 shares of StepStones Class A common stock (the Offering). The Selling Stockholders also intend to grant the underwriters a 30-day option to purchase up to an additional 1,200,000 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 common stock in the Offering and will not receive any proceeds from... More
