A publicly traded investment management company that runs the activist investing firm founded by Bill Ackman in 2004. It takes large stakes in big companies and pushes for changes to boost their value, and it went public on the New York Stock Exchange in 2026. The firm is named after Pershing Square Plaza near Grand Central Terminal in New York City, which honors General John J. Pershing, the U.S. Army commander of American forces in World War I.
Pershing Square Inc. completes IPO and private placement, entering $350M credit facilities.
On April 30, 2026, Pershing Square Inc. completed its IPO of 8,103,392 shares of common stock, with no proceeds to the company.
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The company delivered 16,643,862 shares of common stock in a private placement exempt under Section 4(a)(2) of the Securities Act.
In connection with the offering, the company entered into a $250 million revolving credit facility and a $100 million term loan facility, maturing April 30, 2029.
The company used credit facility proceeds to increase its investment in Pershing Square USA, Ltd. to $250 million, including $200 million in common shares and $50 million in preferred shares.
The company adopted a 2026 Equity Incentive Plan, an amended long-term incentive plan, and terms for M units, effective April 28, 2026.
1.01 Entry into a Material Definitive Agreement · 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement · 3.02 Unregistered Sales of Equity Securities · 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements · 8.01 Other Events · 9.01 Financial Statements and Exhibits