$MRX
Marex Group opens at $19.50, IPO priced at $19 per share
Marex Group plc, which identifies itself as a "diversified global financial services platform," priced its initial public offering at $19.00 per share. A total of 15,384,615 ordinary shares are being offered, of which 3,846,153 shares are being offered by Marex and 11,538,462 shares are being offered by certain selling shareholders. Marex will not receive any proceeds from any sale of shares by the Selling Shareholders. The ordinary shares began trading on the Nasdaq Global Select Market under the ticker symbol "MRX." The deal priced within the $18.00-$21.00 range. Barclays, Goldman Sachs, Jefferies and Keefe Bruyette acted as joint book running managers for the offering.
