Perella Weinberg Partners (PWP) Prices 3.5M Share Offering at $10.75/sh

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Perella Weinberg Partners Prices Public Offering of Class A Common Stock

January 18, 2022 9:16 PM EST

NEW YORK, Jan. 18, 2022 (GLOBE NEWSWIRE) -- Perella Weinberg Partners (the Company or PWP) (Nasdaq: PWP), a leading global independent advisory firm, today announced the pricing of its public offering of 3,502,033 shares of Class A common stock at a public offering price of $10.75 per share (the Offering). The Offering is expected to close on January 21, 2022, subject to customary closing conditions. The proceeds from the Offering will be used by the Company to purchase from certain non-employee holders (i) outstanding PWP Holdings LP Class A partnership units and (ii) outstanding shares of the Companys... More