TPG Inc. ("TPG" or the "Company") (NASDAQ:TPG), a leading global alternative asset management firm, today announced that certain stockholders of the Company (the "Selling Stockholders") intend to offer 15,526,915 shares of TPG's Class A common stock, par value $0.001 per share (the "Common Stock"), pursuant to a shelf registration statement filed with the Securities and Exchange Commission (the "SEC"). The offering consists entirely of secondary shares to be sold by the Selling Stockholders. The Selling Stockholders will receive all of the proceeds from the offering. The Company is not selling any shares of Common Stock in the offering and will not receive any proceeds from the offering.
TPG Selling Shareholders to Offload 15.5M Shares Via Secondary Stock Offering
Company Profile
Mon. 26 Feb 2024, 6:27am ET
Benzinga
News, Offerings