Powered by

Financial Engines Announces Secondary Offering of Common Stock

Financial Engines (NASDAQ: FNGN) today announced that funds affiliated with Warburg Pincus LLC (the "Selling Stockholders"), have agreed to sell an aggregate of 4,109,128 shares of Financial Engines' common stock in a registered underwritten public offering (the "Offering"). Financial Engines will not receive any of the proceeds from the sale of the common shares.Morgan Stanley & Co. LLC is acting as the underwriter of the Offering.

The Offering is being made pursuant to an effective shelf

Sign up for unrestricted access to 200+ subscription services.
Already have an account? Click here to login.

RelSci News & Alerts gets you:

  • 5 free articles a month from top subscription outlets like the Financial Times, New York Times, and Washington Post
  • Competitive business intelligence through daily data updates
  • Custom feeds on target high-value individuals, companies, industries, and topics delivered straight to your inbox