Envestnet Prices Initial Public Offering
July 28, 2010 08:55 PM Eastern Daylight Time
CHICAGO--(EON: Enhanced Online News)--Envestnet, Inc. (NYSE: ENV), today announced that it has priced
its initial public offering of 7,000,000 shares of common stock. Of the shares being offered, 4,705,500 shares of
common stock are being sold by Envestnet, Inc. and 2,294,500 shares of common stock are being sold by selling
stockholders, at a price of $9.00 per share. Envestnet, Inc. and the selling stockholders have granted the
underwriters an option to purchase an additional 705,825 shares from Envestnet, Inc. and 344,175 shares from the
selling stockholders. Envestnet, Inc. will not receive any proceeds from the sale of shares by the selling stockholders.
The shares will begin trading on the New York Stock Exchange under the ticker symbol “ENV” on Thursday, July
29, 2010. The adjusted information upon which the NYSE relied to list Envestnet, Inc. is included in Envestnet,
Inc.’s Original Listing Application filed with the NYSE. Such information is available to the public upon request.
Envestnet, Inc. will also include the adjusted financial data for the year ended December 31, 2009 in its final Original
Listing Application to be filed with the NYSE.
Morgan Stanley & Co. Incorporated, UBS Securities LLC and Barclays Capital Inc. are acting as joint book-
running managers, and William Blair & Company L.L.C., RBC Capital Markets Corporation, Stifel, Nicolaus &
Company, Incorporated, Sandler O’Neill & Partners, L.P. and Melvin Securities, LLC are serving as co-managers
for the offering.
A registration statement relating to the shares of common stock was declared effective by the Securities and
Exchange Commission today. Any offer or sale will be made only by means of a written prospectus forming part of
the effective registration statement. A copy of the prospectus related to the offering, when available, may be obtained
from Morgan Stanley & Co. Incorporated, via telephone: (866) 718-1649; email: prospe