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

January 19, 2022 5:32 AM EST

Perella Weinberg Partners (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 Company’s Class B common stock. PWP will not retain any proceeds from the Offering.

JMP Securities LLC is acting as the underwriter for the Offering. The Offering is being made only by means of a prospectus. A copy of the final prospectus related to the Offering may be obtained, when available, from JMP Securities LLC, 600 Montgomery Street, 10th Floor, San Francisco, CA 94111, Attention: Prospectus Department, or by calling (415) 835-8985, or by email at [email protected].

The registration statement on Form S-1, including a prospectus, relating to the Class A common stock has been declared effective by the U.S. Securities and Exchange Commission. Copies of the registration statement can be accessed through the U.S. Securities and Exchange Commission’s website at www.sec.gov. This press release shall not constitute an offer to sell or a solicitation of an offer to buy the securities described herein, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.



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