<div id="readability-page-1"><div id="ctl00_CPI_dvBody"><div><div><p>Add <img src="https://imageproxy.pbkrs.com/https://cdn.rttnews.com/images/v4/RTTNews-Logo-224x61.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" original-src="https://imageproxy.pbkrs.com/https://cdn.rttnews.com/images/v4/RTTNews-Logo-224x61.png"/> as your preferred news source on Google</p><div><p><img src="https://imageproxy.pbkrs.com/https://cdn.rttnews.com/images/v4/google.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" original-src="https://imageproxy.pbkrs.com/https://cdn.rttnews.com/images/v4/google.png"/> Add Now</p></div></div></div><p> Pershing Square USA, Ltd. (PSUS) and Pershing Square Inc. announced the pricing of their combined initial public offering, with total gross proceeds expected to reach $5 billion.</p><p>The shares are set to begin trading on the New York Stock Exchange on April 29, 2026, under the symbols &#34;PSUS&#34; for Pershing Square USA and &#34;PS&#34; for Pershing Square Inc., with the offering expected to close on April 30.</p><p>PSUS and PSI also expect to complete the previously announced combined private placement alongside the IPO closing.</p><p>Pershing Square USA is a newly formed, non-diversified closed-end investment company managed by Pershing Square Capital Management, while Pershing Square Inc. serves as the parent company of the management firm.</p><p>Citigroup, UBS, BofA Securities, Jefferies and Wells Fargo are acting as as global coordinators and bookrunners for the IPO. </p><p>For comments and feedback contact: editorial@rttnews.com</p><p>Business News</p></div></div>

<p>Pershing Square USA, Ltd. and Pershing Square Inc. have priced their combined initial public offering, aiming for total gross proceeds of $5 billion. The shares will start trading on the New York Stock Exchange on April 29, 2026, under the symbols "PSUS" and "PS". The offering is expected to close on April 30, with a combined private placement also anticipated. Citigroup, UBS, BofA Securities, Jefferies, and Wells Fargo are the global coordinators and bookrunners for the IPO.</p>

- Pershing Square USA, Ltd. and Pershing Square Inc. announced their combined initial public offering, targeting total gross proceeds of $5 billion.  
- Shares will begin trading on the New York Stock Exchange on April 29, 2026, under the symbols "PSUS" and "PS", with the offering expected to close on April 30.  
- The companies also plan to complete a combined private placement alongside the IPO's closing.

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Citigroup

Bank of America

Wells Fargo

Jefferies Financial

UBS Group AG

CITIGROUP INC 6.250 NON CUM SER II PFD WI

BANK OF AMERICA CORPORATION DEP SHS REP 1/1000TH INT NON CUM PFD QQ

BANK OF AMERICA CORPORATION DEP SHS REP 1/1200TH PRF SERIES '5'

BANK OF AMERICA CORPORATION 7.25% NON-CUM PERP CONV PFD SER L

BANK OF AMERICA CORPORATION 5.875%NON CUM DEP SHS REP1/1000TH SER HH

BANK OF AMERICA CORPORATION DEP SHS REP 1/1200TH PRF SERIES '2'

BANK OF AMERICA CORPORATION 5% DEP SHS REPR 1/1000TH NON CUM PFD LL

BANK OF AMERICA CORPORATION DEP SHARES REP 1/1000TH PERP PFD SER 'E'

BANK OF AMERICA CORPORATION INCOME CAPITAL OBLIG NTS DUE 15/12/2066

BANK OF AMERICA CORPORATION 4.375% DP SH RP 1/1000TH IN NON CU PF NN

BANK OF AMERICA CORPORATION DEP SH REP 1/1200TH PRF SER 1 USD25

BANK OF AMERICA CORPORATION 5.375%DEP SHS REP 1/1000TH NON CUM SR KK

BANK OF AMERICA CORPORATION 6%NON CUM DEP SHS EACH REP 1/1000 SER GG

BANK OF AMERICA CORPORATION DEP SHS REP 1/1200 PFD SER 4 USD25

BANK OF AMERICA CORPORATION DEP SHS REP 1/1000TH NON CUM PFD SER SS

BANK OF AMERICA CORPORATION 4.125%DEP SH REP 1/1000 PFD SER PP USD25

Bank of America Corp

WELLS FARGO & COMPANY DP SHS REP 1/1000TH INT NCUM PFD CL A DD

WELLS FARGO & COMPANY 7.5% PERP CONV PRF CLS 'A' SERIES 'L'

WELLS FARGO & COMPANY DEP SHS REP 1/1000 INT PER PFD SER Y A

WELLS FARGO & COMPANY DP SHS REP 1/1000TH INT NCUM PFD CL A CC

WELLS FARGO & COMPANY 4.75% DEP SHS 1/1000 NCUM PFD CL A SR Z

WELLS FARGO & COMPANY DEP SHS REP 1/1000TH INT PFD SR AA (CLA)

Pershing Square Prices $5 Bln Combined IPO