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SILVERCREST Prices 4.79M Share IPO at $11/Share

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SILVERCREST ASSET MANAGEMENT GROUP INC. (NASDAQ: SAMG) announced today that its initial public offering of 4,790,684 shares of its Class A common stock priced at $11 per share.  Silvercrest has granted the underwriters a 30-day option to purchase up to an additional 718,603 shares at the initial public offering price…SILVERCREST ASSET MANAGEMENT GROUP INC. (NASDAQ: SAMG) announced today that its initial public offering of 4,790,684 shares of its Class A common stock priced at $11 per share.  Silvercrest has granted the underwriters a 30-day option to purchase up to an additional 718,603 shares at the initial public offering price less the underwriting discount. The shares are expected to begin trading on The NASDAQ Global Market on Thursday, June 27, 2013, under the symbol "SAMG."

Sandler O'Neill & Partners, L.P. acted as lead managing underwriter. Raymond James was a joint book-running manager.

A registration statement relating to this offering was declared effective by the Securities and Exchange Commission on June 26, 2013.  The offering is being made solely by means of a prospectus which may be obtained from:

Sandler O'Neill + Partners, L.P. Prospectus Department1251 Avenue of the Americas, 6(th) Floor, New York, New York 10020Phone: 1-866-805-4128Email: syndicate@sandleroneill.com

Raymond James & Associates, Inc.Prospectus Department880 Carillon ParkwaySt. Petersburg, Florida 33716Phone: 1-800-248-8863Email: prospectus@raymondjames.com

This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state or jurisdiction in which such offer,

See full press release

Posted-In: News Guidance Contracts Management Global

 

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