Blue Owl Capital (OWL) Launches Secondary 26.7M Share Offering
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Go back to Blue Owl Capital (OWL) Launches Secondary 26.7M Share Offering
December 7, 2021 8:01 AM EST
Blue Owl Capital Inc. (NYSE: OWL) today announced the pricing of the previously announced underwritten secondary offering by NBSH Blue Investments II, LLC of 26,717,377 shares of the Company's Class A common stock at a price to the public of $14.50 per share. The Offering is expected to close on or about December 9, 2021, subject to the satisfaction of customary closing conditions. In addition, the Selling Stockholder has granted the underwriters a 25-day option to purchase up to an additional 4,007,606 shares of Class A common stock at the public offering price, less underwriting discounts. The Selling... More
December 6, 2021 4:09 PM EST
Oppenheimer analyst Chris Kotowski initiates coverage on Blue Owl Capital (NYSE: OWL) with a Perform rating.
For an analyst ratings summary and ratings history on Blue Owl Capital click here. For more ratings news on Blue Owl Capital click here.
Shares of Blue Owl Capital closed at $15.08 yesterday.
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