Market Overview

Envestnet Prices Upsized 5.045M Share Offering at $29.25/Share

Envestnet (NYSE: ENV) announced
Thursday the pricing of a public offering on behalf of selling stockholders
of 5,045,215 shares of common stock at a public offering price of $29.25
per share. The Company will not receive any proceeds from the sale of
shares by the selling stockholders. In addition, one of the selling
stockholders has granted the underwriters an option to purchase up to
756,782 shares to cover the underwriters' over-allotments, if any.

William Blair and Stifel are acting as joint book-running managers of
the offering and BMO Capital Markets, Sandler O'Neill + Partners, L.P.,
Sterne Agee, Avondale Partners, Barrington Research Associates and

See full press release

Posted-In: News Dividends Offerings Contracts Asset Sales FDA Legal M&A

 

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