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Manning & Napier Files Registration Statement for Initial Public Offering of Class A Common Stock

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FAIRPORT, N.Y. - (BUSINESS WIRE) - Manning & Napier, Inc. (the "Company" ) announced today that it has filed a registration statement on Form S-1 with the Securities and Exchange Commission for a proposed initial public offering of its Class A common stock. The number of shares to be offered and the price range for the offering have not yet been determined.

BofA Merrill Lynch is acting as the sole bookrunning manager for the proposed offering. The Company intends to use the net proceeds from the sale of its Class A common stock for general corporate purposes and strategic growth opportunities, including potential acquisitions.

A registration statement relating to the Company's Class A common stock has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective.

A copy of the preliminary prospectus, when available, may be obtained from the offices of BofA Merrill Lynch, 4 World Financial Center, New York, NY 10080 (Attn: Prospectus Department; email dg.prospectus_requests@baml.com).

This press release shall not constitute an offer to sell or the solicitation of an offer to buy the securities described herein, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or other jurisdiction.

Manning & Napier, Inc.
Nicole Kingsley Brunner, 585-325-6880
Public Relations Contact
nbrunner@manning-napier.com



 
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