Pershing Square USA, Ltd. Withdraws IPO
31 Julio 2024 - 1:38PM
Business Wire
Pershing Square USA, Ltd. (“PSUS” or the “Company”), today
announced that it is withdrawing its previously announced Initial
Public Offering (the “IPO”) of common shares of beneficial
interest. Bill Ackman, Pershing Square CEO, issued the following
statement:
“Over the last seven weeks, we have met with many institutions
and family offices, and held numerous town halls for Pershing
Square USA, Ltd. While we have received enormous investor interest
in PSUS, one principal question has remained:
Would investors be better served waiting to invest in the
aftermarket than in the IPO?
This question has inspired us to reevaluate PSUS’s structure to
make the IPO investment decision a straightforward one. We will
report back once we are ready to launch a revised transaction.”
About Pershing Square USA, Ltd.
Pershing Square USA, Ltd. is a closed-end investment management
company registered under the Investment Company Act of 1940.
About Pershing Square Capital Management, L.P.
Pershing Square Capital Management, L.P., based in New York
City, is a SEC-registered investment advisor to investment
funds.
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Fran McGill 212 909 2455 McGill@persq.com