Pershing Square Inc. (Ticker: PS US) is a United States-based company specializing in alternative asset management. Pershing Square plans to list on the NYSE on April 29, 2026, planning to offer 100 million shares at a price of $50.00 per share, raising an estimated $5 billion. The company has a reported market capitalization of $20 billion.
According to sources, prior to the IPO, the company will undergo a statutory conversion from a Delaware limited partnership, Pershing Square Holdco, L.P., into a Nevada corporation. Reportedly, this IPO is a component of a combined offering alongside the IPO of Pershing Square USA, Ltd. (PSUS), a registered non-diversified, closed-end investment company. The firm expects to deliver 20 shares of Pershing Square Inc. common stock for every 100 PSUS shares purchased by initial investors in the PSUS offering for no additional consideration.
As of December 31, 2025, the firm reportedly held approximately $30.7 billion in total assets under management. The offering is being managed by a joint team that includes Citigroup, UBS Investment Bank, BofA Securities, Jefferies, and Wells Fargo Securities.