Victory Capital (VCTR) Announces 4M Share Secondary Offering

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Victory Capital Announces Proposed Secondary Offering

November 17, 2021 6:30 AM EST

SAN ANTONIO, Texas--(BUSINESS WIRE)-- Victory Capital Holdings, Inc. (NASDAQ: VCTR) (Victory Capital or the Company) today announced that funds managed by Crestview Advisors, L.L.C. and funds managed by Reverence Capital Partners, L.P. (the Selling Stockholders) intend to offer for sale in an underwritten secondary offering an aggregate of 4,000,000 shares of Class A common stock of Victory Capital (Class A Common Stock) pursuant to an effective shelf registration statement filed by Victory Capital with the U.S. Securities and Exchange Commission (the SEC). Additionally, the Selling Stockholders intend to grant the underwriters a... More