Asset management firm TPG prices IPO at $29.50

seekingalpha2022-01-13

TPG(NASDAQ:TPG)has priced its IPO of 33.9M shares of Class A common stock at $29.50/share, including 28,310,194 shares being offeredby the Company and 5,589,806 by an existing investor.Nasdaq trading ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

Yulio
2022-01-13
Yulio
Like
CeeeKay
2022-01-13
CeeeKay
Buy
LEEQF
2022-01-13
LEEQF
Like this comment pls!!

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1182228704?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2022-01-13 14:52","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1182228704","market":"us","top_or_hot":-1,"title":"Asset management firm TPG prices IPO at $29.50","media":"seekingalpha","content":"<div>\n<p>TPG(NASDAQ:TPG)has priced its IPO of 33.9M shares of Class A common stock at $29.50/share, including 28,310,194 shares being offeredby the Company and 5,589,806 by an existing investor.Nasdaq trading ...</p>\n\n<a href=\"https://seekingalpha.com/news/3787727-asset-management-firm-tpg-prices-ipo-at-2950\">Source Link</a>\n\n</div>\n","source":"lsy1642056764450","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Asset management firm TPG prices IPO at $29.50</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAsset management firm TPG prices IPO at $29.50\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-13 14:52 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3787727-asset-management-firm-tpg-prices-ipo-at-2950><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>TPG(NASDAQ:TPG)has priced its IPO of 33.9M shares of Class A common stock at $29.50/share, including 28,310,194 shares being offeredby the Company and 5,589,806 by an existing investor.Nasdaq trading ...</p>\n\n<a href=\"https://seekingalpha.com/news/3787727-asset-management-firm-tpg-prices-ipo-at-2950\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"TPG","symbol_name":"TPG, Inc.","start_time":0,"source_url":"https://seekingalpha.com/news/3787727-asset-management-firm-tpg-prices-ipo-at-2950","article_id":"1182228704","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1182228704","pubTimestamp":1642056727,"sourceInfo":{"source_id":"lsy1642056764450","name":"seekingalpha"},"weMediaInfo":null,"summary":"TPG(NASDAQ:TPG)has priced its IPO of 33.9M shares of Class A common stock at $29.50/share, including","collect":0,"end_time":0,"defaultTopTitle":"seekingalpha.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"TPG":"TPG, Inc."},"translate_title":"资产管理公司TPG将IPO定价29.50美元","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"TPG":0.9},"content_text":"TPG(NASDAQ:TPG)has priced its IPO of 33.9M shares of Class A common stock at $29.50/share, including 28,310,194 shares being offeredby the Company and 5,589,806 by an existing investor.Nasdaq trading will commence on January 13, 2022.Underwriters' over-allotment is an additional 3.39M shares.TPG intends to use approx. 40% of net proceeds to purchase partnership interests in the TPG operating entity from other existing investors, and remaining for general corporate purposes.Closing date is January 18.The company will not receive any proceeds from the sale of shares by the existing investor.TPG is a global alternative asset management firm founded in San Francisco in 1992 with $109B of assets under management. The company invests across five multi-product platforms: Capital, Growth, Impact, Real Estate, and Market Solutions.Earlier, TPG said that it is likely to price IPO at the midpoint of a range of $28 to $31/share.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":9002493308,"gmtCreate":1642058098473,"gmtModify":1676533676935,"author":{"id":"3583542338461065","authorId":"3583542338461065","name":"Yulio","avatar":"https://static.tigerbbs.com/037e3a87ba0e28ca2573a2264ea74e47","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3583542338461065","authorIdStr":"3583542338461065"},"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9002493308","repostId":1182228704,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9002490751,"gmtCreate":1642057615333,"gmtModify":1676533676903,"author":{"id":"3568414833542283","authorId":"3568414833542283","name":"CeeeKay","avatar":"https://static.tigerbbs.com/17129049ced44ecc58464019a028ea24","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3568414833542283","authorIdStr":"3568414833542283"},"htmlText":"Buy","listText":"Buy","text":"Buy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9002490751","repostId":1182228704,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9002490885,"gmtCreate":1642057477831,"gmtModify":1676533676886,"author":{"id":"3572235673675008","authorId":"3572235673675008","name":"LEEQF","avatar":"https://static.tigerbbs.com/ead66a2c538631d15658309f808c7d40","vip":1,"hat":"https://static.tigerbbs.com/b0a2963eb37c60c5d6d4a8dbcd266952","crmLevel":3,"crmLevelSwitch":0,"idStr":"3572235673675008","authorIdStr":"3572235673675008"},"htmlText":"Like this comment pls!!","listText":"Like this comment pls!!","text":"Like this comment pls!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9002490885","repostId":1182228704,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":22,"commentSize":3,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.2","shortVersion":"4.29.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1182228704"}