NEW YORK--(BUSINESS WIRE)--
Moelis & Company (the “Company”) (NYSE:MC), today announced that it has
filed a shelf Registration Statement on Form S-3 with the Securities and
Exchange Commission. The Registration Statement registers approximately
3.4 million shares of Class A common stock that may be issued over time
in connection with the exchange of pre-IPO equity held by certain of the
Company’s outside investors and employees. Approximately 40% of these
shares will not be eligible for exchange until after the first quarter
of 2016.
As previously disclosed in connection with the Company’s IPO, the
Registration Statement registers the Class A common stock that may be
issued upon exchange of an equal number of Class A partnership units of
Moelis & Company Group LP, as well as the possible sale by certain
stockholders of Class A common stock. The Registration Statement does
not involve capital raising efforts by the Company or pre-IPO equity
subject to the Managing Director four to six year lock-up. The issuance
of the Class A common stock will not increase the Company’s fully
exchangeable share count.
The Registration Statement relating to these securities has been filed
with the Securities and Exchange Commission but has not yet become
effective. These securities may not be sold nor may offers to buy these
securities be accepted prior to the time the Registration Statement
becomes effective. 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,
solicitation or sale would be unlawful prior to registration or
qualification under the securities laws of any such state or
jurisdiction. A copy of the prospectus, when available, may be obtained
by contacting: Moelis & Company, 399 Park Avenue, 5th
Floor, New York, NY 10022.
About Moelis & Company
Moelis & Company is a leading global independent investment bank that
provides innovative strategic advice and solutions to a diverse client
base, including corporations, governments and financial sponsors. The
Firm assists its clients in achieving their strategic goals by offering
comprehensive integrated financial advisory services across all major
industry sectors. Moelis & Company’s experienced professionals advise
clients on their most critical decisions, including mergers and
acquisitions, recapitalizations and restructurings and other corporate
finance matters. The Firm serves its clients with over 550 employees
based in 17 offices in North and South America, Europe, the Middle East,
Asia and Australia. For further information, please visit: www.moelis.com.
Moelis & Company
Media:
Andrea Hurst, +1
212-883-3666
M: +1 347-583-9705
andrea.hurst@moelis.com
or
Investors:
Kate
Pilcher Ciafone, +1 212-883-3807
kate.ciafone@moelis.com
Source: Moelis & Company