other material
confidence high
sentiment neutral
materiality 0.60
Blue Owl Capital announces secondary offering of 10.7M shares at $11.50 by selling stockholder
BLUE OWL CAPITAL INC.
- Selling stockholder NBSH Blue Investments II, LLC offers 10,698,180 shares at $11.50 per share.
- Underwriters have 30-day option to purchase up to 1,604,727 additional shares from selling stockholder.
- Blue Owl will not receive any proceeds from the offering; all proceeds go to selling stockholder.
- Offering expected to close on June 6, 2022; BofA Securities and Citigroup are lead managers.
- None of Blue Owl's directors or officers sold shares in this offering.