other material
confidence high
sentiment neutral
materiality 0.65
Selling shareholders to sell 9M shares of Ryan Specialty at $43.45 in secondary offering
RYAN SPECIALTY HOLDINGS, INC.
- 9,000,000 shares sold by selling shareholders at $43.45/share; company receives no proceeds.
- Underwriter is Barclays Capital Inc.; shares expected to deliver on May 25, 2023.
- Registration filed on Form S-3ASR on May 22, 2023; estimated offering expenses $1,100,637.
- Underwriting agreement contains customary representations, warranties, and indemnification.
- Selling shareholders are named in Schedule 2 to the agreement, not explicitly identified.