other material
confidence high
sentiment neutral
materiality 0.60
Ares Management prices offering of 2.65M shares of Class A common stock
Ares Management Corp
- Underwritten by Morgan Stanley, BofA, J.P. Morgan, RBC, Wells Fargo.
- Underwriters granted 30-day option to purchase up to 397,500 additional shares.
- Offering closed June 14, 2024.
- Company agreed to 45-day lock-up on further share sales.