Ryan Specialty Group Holdings has publicly filed a registration statement with the US Securities and Exchange Commission (SEC) relating to the proposed initial public offering of its Class A common stock.
According to the company, once the IPO is completed, Ryan Specialty Group Holdings will be the sole managing member of Ryan Specialty Group, LLC, and will exclusively operate and control all of its business and affairs.
While the number of shares of Class A common stock to be offered and the pricing have not yet been determined, Ryan Specialty Group Holdings plans to list its stock on the New York Stock Exchange under the ticker symbol “RYAN.”
J.P. Morgan, Barclays, Goldman Sachs & Co. LLC and Wells Fargo Securities are acting as lead book-running managers, and UBS Investment Bank, William Blair, RBC Capital Markets, BMO Capital Markets, and Keefe, Bruyette & Woods, A Stifel Company, are acting as book-running managers for the proposed offering. Dowling & Partners Securities LLC, Nomura, Capital One Securities, CIBC Capital Markets, Loop Capital Markets, PNC Capital Markets LLC, Ramirez & Co., Inc., and Siebert Williams Shank are acting as co-managers for the proposed offering.
