8-K
filed July 27, 2021, 7:59 PM ET
ticker RYAN
CIK 0001849253
other material
confidence high
sentiment positive
materiality 0.85
Ryan Specialty completes IPO at $23.50, raises ~$1.54B including overallotment; credit facility upsized to $600M
RYAN SPECIALTY HOLDINGS, INC.
- IPO priced at $23.50/share; 56,918,278 shares sold for gross proceeds of $1.3376B.
- Underwriters' overallotment fully exercised for 8,537,742 additional shares; total gross proceeds ~$1.54B.
- Proceeds used to acquire Ryan Specialty Group LLC units, redeem Onex preferred unit, and buy out existing holders.
- Revolving credit facility increased from $300M to $600M at LIBOR+2.50%-3.00% per the Credit Agreement amendment.
- New board of directors appointed (11 members); 2021 Omnibus Incentive Plan and indemnification agreements adopted.
Key facts
Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 1.0
William J. Devers was appointed as Director at RYAN SPECIALTY HOLDINGS, INC..
- Action
- appointed
- Role
- Director
Exact text from the filing
On July 21, 2021, Henry S. Bienen, David P. Bolger, Michelle L. Collins, Nicholas D. Cortezi, William J. Devers, D. Cameron Findlay, Robert Le Blanc, Andrew J. McKenna, Michael D. O’Halleran, John W. Rogers, Jr. and Timothy W. Turner were appointed to the Company’s board of directors.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 1.0
John W. Rogers, Jr. was appointed as Director at RYAN SPECIALTY HOLDINGS, INC..
- Action
- appointed
- Role
- Director
Exact text from the filing
On July 21, 2021, Henry S. Bienen, David P. Bolger, Michelle L. Collins, Nicholas D. Cortezi, William J. Devers, D. Cameron Findlay, Robert Le Blanc, Andrew J. McKenna, Michael D. O’Halleran, John W. Rogers, Jr. and Timothy W. Turner were appointed to the Company’s board of directors.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 1.0
Nicholas D. Cortezi was appointed as Director at RYAN SPECIALTY HOLDINGS, INC..
- Action
- appointed
- Role
- Director
Exact text from the filing
On July 21, 2021, Henry S. Bienen, David P. Bolger, Michelle L. Collins, Nicholas D. Cortezi, William J. Devers, D. Cameron Findlay, Robert Le Blanc, Andrew J. McKenna, Michael D. O’Halleran, John W. Rogers, Jr. and Timothy W. Turner were appointed to the Company’s board of directors.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 1.0
Henry S. Bienen was appointed as Director at RYAN SPECIALTY HOLDINGS, INC..
- Action
- appointed
- Role
- Director
Exact text from the filing
On July 21, 2021, Henry S. Bienen, David P. Bolger, Michelle L. Collins, Nicholas D. Cortezi, William J. Devers, D. Cameron Findlay, Robert Le Blanc, Andrew J. McKenna, Michael D. O’Halleran, John W. Rogers, Jr. and Timothy W. Turner were appointed to the Company’s board of directors.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 1.0
Robert Le Blanc was appointed as Director at RYAN SPECIALTY HOLDINGS, INC..
- Action
- appointed
- Role
- Director
Exact text from the filing
On July 21, 2021, Henry S. Bienen, David P. Bolger, Michelle L. Collins, Nicholas D. Cortezi, William J. Devers, D. Cameron Findlay, Robert Le Blanc, Andrew J. McKenna, Michael D. O’Halleran, John W. Rogers, Jr. and Timothy W. Turner were appointed to the Company’s board of directors.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 1.0
D. Cameron Findlay was appointed as Director at RYAN SPECIALTY HOLDINGS, INC..
- Action
- appointed
- Role
- Director
Exact text from the filing
On July 21, 2021, Henry S. Bienen, David P. Bolger, Michelle L. Collins, Nicholas D. Cortezi, William J. Devers, D. Cameron Findlay, Robert Le Blanc, Andrew J. McKenna, Michael D. O’Halleran, John W. Rogers, Jr. and Timothy W. Turner were appointed to the Company’s board of directors.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 1.0
Michelle L. Collins was appointed as Director at RYAN SPECIALTY HOLDINGS, INC..
- Action
- appointed
- Role
- Director
Exact text from the filing
On July 21, 2021, Henry S. Bienen, David P. Bolger, Michelle L. Collins, Nicholas D. Cortezi, William J. Devers, D. Cameron Findlay, Robert Le Blanc, Andrew J. McKenna, Michael D. O’Halleran, John W. Rogers, Jr. and Timothy W. Turner were appointed to the Company’s board of directors.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 1.0
David P. Bolger was appointed as Director at RYAN SPECIALTY HOLDINGS, INC..
- Action
- appointed
- Role
- Director
Exact text from the filing
On July 21, 2021, Henry S. Bienen, David P. Bolger, Michelle L. Collins, Nicholas D. Cortezi, William J. Devers, D. Cameron Findlay, Robert Le Blanc, Andrew J. McKenna, Michael D. O’Halleran, John W. Rogers, Jr. and Timothy W. Turner were appointed to the Company’s board of directors.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 1.0
Andrew J. McKenna was appointed as Director at RYAN SPECIALTY HOLDINGS, INC..
- Action
- appointed
- Role
- Director
Exact text from the filing
On July 21, 2021, Henry S. Bienen, David P. Bolger, Michelle L. Collins, Nicholas D. Cortezi, William J. Devers, D. Cameron Findlay, Robert Le Blanc, Andrew J. McKenna, Michael D. O’Halleran, John W. Rogers, Jr. and Timothy W. Turner were appointed to the Company’s board of directors.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 1.0
Michael D. O’Halleran was appointed as Director at RYAN SPECIALTY HOLDINGS, INC..
- Action
- appointed
- Role
- Director
Exact text from the filing
On July 21, 2021, Henry S. Bienen, David P. Bolger, Michelle L. Collins, Nicholas D. Cortezi, William J. Devers, D. Cameron Findlay, Robert Le Blanc, Andrew J. McKenna, Michael D. O’Halleran, John W. Rogers, Jr. and Timothy W. Turner were appointed to the Company’s board of directors.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 1.0
Timothy W. Turner was appointed as Director at RYAN SPECIALTY HOLDINGS, INC..
- Action
- appointed
- Role
- Director
Exact text from the filing
On July 21, 2021, Henry S. Bienen, David P. Bolger, Michelle L. Collins, Nicholas D. Cortezi, William J. Devers, D. Cameron Findlay, Robert Le Blanc, Andrew J. McKenna, Michael D. O’Halleran, John W. Rogers, Jr. and Timothy W. Turner were appointed to the Company’s board of directors.
View on SEC.gov
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