trending Market Intelligence /marketintelligence/en/news-insights/trending/EOAhGdZ8OCKF1ftzDj3rVQ2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

Envestnet registers common shares for sale by shareholder

Digital Banking Battles Will Play Out In Southeast Asias Shopping Cart

Street Talk Episode 56 - Latest bank MOE shows even the strong need scale to thrive

South State CenterState MOE Shows Even The Strong Need Scale To Thrive

Talking Bank Stocks, Playing The M&A Trade With Longtime Investor

Envestnet registers common shares for sale by shareholder

Envestnet Inc. filed a registration statement for the sale of up to 2,826,979 common shares by BlackRock Inc. unit Blackhawk Investment Holding LLC.

The number of shares being registered constitute all Envestnet shares beneficially owned by Blackhawk Investment. BlackRock additionally owns 2,835,513 Envestnet common shares not beneficially owned by Blackhawk Investment, which are not being registered for resale.

The proposed maximum aggregate offering price is $200.4 million, or $70.90 per share, estimated solely to calculate the registration fee.

The filing also includes 471,163 common shares, issuable upon exercise of an outstanding warrant, allowing the holder to purchase the common shares at an exercise price of $65.16 per share, subject to certain adjustments.

Envestnet will not receive any proceeds from the sale.