other
confidence high
sentiment neutral
materiality 0.30
Perella Weinberg Partners issues 764,873 Class A shares in exchange for partnership units
Perella Weinberg Partners
- Issued 764,873 shares of Class A common stock on Sept 6, 2022 for 764,111.152 Class A partnership units and 764,111.152 Class B shares.
- Exchange made pursuant to Amended PWP OpCo LPA; holders can exchange units for shares or cash on a one-for-one basis.
- Class B shares converted automatically at 1:1000 ratio upon exchange.
- Shares issued under Section 4(a)(2) exemption; no public offering or solicitation involved.