Financial news outlets such as Financial Times, Bloomberg, or SEC filings

Bill Ackman Offers Incentives to Revive Pershing Square USA IPO

Aug 29, 2024, 01:17 PM

Bill Ackman is attempting to revive the initial public offering (IPO) of Pershing Square USA by offering sweeteners to investors. According to the Financial Times, Ackman is considering providing additional shares to early investors as part of these incentives. This move aims to attract more interest and participation in the IPO, which has faced challenges in gaining traction.