07.31.2024

Pershing Square USA Withdraws IPO

07.31.2024
Warsaw Stock Exchange Aims to Continue IPOs

Pershing Square USA, Ltd, announced that it is withdrawing its previously announced Initial Public Offering 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.”

Source: Pershing Square

🏆 The 2026 Global Markets Choice Awards are here! 🌍 Nominations are officially OPEN for the celebration of excellence in global capital markets trading & technology. Nominate below:
https://www.jotform.com/form/260086385121150

Delaware Life Insurance Company is becoming the first insurance carrier to offer an index that contains cryptocurrency, adding the BlackRock U.S. Equity Bitcoin Balanced Risk 12% Index to its fixed index annuity (FIA) portfolio.

As the digital assets industry pushes toward

Franklin Templeton is expanding its tokenized fund suite, signaling growing institutional demand for blockchain-based fund infrastructure and regulated investment products moving onchain. Read the full article below:

$50 billion in active ETF inflows helped fuel a record year for @BlackRock 's iShares business, as investors continue to lean into active strategies.

Load More

Related articles

  1. FundOS offers managers a streamlined path to tokenization without rebuilding the way their funds already run.

  2. The ETF is available in a CZK-hedged share class to meet the needs of Czech investors.

  3. The asset manager bought distribution and marketing of 11 Select Sector SPDR ETFs in-house last year.

  4. Net inflows in the first quarter were a record $626.4bn.

  5. The suite is available on the Calastone Tokenised Distribution Network.