other material
confidence high
sentiment neutral
materiality 0.55
TPG selling stockholders sell 15.5M shares at $41.64 in secondary offering
TPG Inc.
- Selling stockholders sold 15,526,915 Class A shares at $41.64 each via J.P. Morgan and Morgan Stanley.
- TPG Inc. received no proceeds from the offering, which closed on February 29, 2024.
- Shares were offered under a shelf registration statement filed with the SEC on February 26, 2024.
- Underwriting agreement contains customary representations, warranties, and indemnification terms.