Pershing Square completes IPO, raises $350M credit facility, issues 16.6M shares privately

Filed May 1, 2026 · Period ending April 28, 2026 · ~1 min read

Key Changes

• high

  Completed IPO of 8.1M shares as part of combined offering with PSUS; investors received 1 PS share for every 5 PSUS shares at $50. IPO generated no direct proceeds to Pershing Square Inc.

  Item 8.01 verify on EDGAR →
• high

  Issued 16.6M shares in private placement (1.5 PS shares per 5 PSUS shares purchased); no proceeds to company. Total equity issuance of 24.7M shares may dilute existing holders.

  Item 3.02 verify on EDGAR →
• high

  Established $350M credit facility ($250M revolving, $100M term loan) with Bank of America; proceeds funded $250M investment in PSUS ($200M common, $50M preferred).

  Item 1.01 verify on EDGAR →