AXA Equitable Holdings, Inc. Announces Sale of 40,000,000 Shares of Common Stock by AXA S.A.
June 04 2019 - 04:54PM
Business Wire
AXA Equitable Holdings, Inc. (the “Company”) announced today the
sale of an aggregate of 40,000,000 shares of the Company’s common
stock by AXA S.A. (“AXA”) to Morgan Stanley and Barclays, as the
underwriters in the registered public offering of those shares. AXA
has granted the underwriters a 30-day option to purchase up to an
additional 6,000,000 shares of common stock. AXA is selling all of
the shares of common stock, and the Company will not receive any
proceeds from the offering.
Morgan Stanley and Barclays propose to offer for sale the shares
of common stock from time to time in one or more transactions on
the New York Stock Exchange, in the over-the-counter market,
through negotiated transactions or otherwise at market prices
prevailing at the time of sale, at prices related to prevailing
market prices or at negotiated prices, subject to receipt and
acceptance by them and subject to their right to reject any order
in whole or in part.
The Company’s effective registration statement, including a
prospectus, relating to the offering was previously filed with the
U.S. Securities and Exchange Commission (the “SEC”). Investors
should read the prospectus in that registration statement and other
documents the Company has filed with the SEC before investing for
more complete information about the Company and this offering.
These documents are available for free by searching for the
Company’s public filings on the SEC’s website at www.sec.gov, or by
visiting the Company’s website at
https://ir.axaequitableholdings.com. Alternatively, copies of the
prospectus and prospectus supplement, when available, may be
obtained from Morgan Stanley & Co. LLC, Attention: Prospectus
Department, 180 Varick Street, 2nd Floor, New York, New York 10014
or Barclays, c/o Broadridge Financial Solutions, 1155 Long Island
Avenue, Edgewood, New York 11717, email:
Barclaysprospectus@broadridge.com or telephone: 888-603-5847.
This press release shall not constitute an offer to sell or the
solicitation of an offer to buy, 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
jurisdiction.
About AXA Equitable Holdings
AXA Equitable Holdings, Inc. (NYSE: EQH) is one of the leading
financial services companies in the U.S. and is comprised of two
complementary and well-established principal franchises, AXA
Equitable Life Insurance Company and AllianceBernstein. We have
been helping clients prepare for their financial future since 1859
and have a combined total of approximately 12,500 employees and
financial professionals, 5.3 million customer relationships and
$664 billion of assets under management (as of 3/31/2019).
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AXA Equitable Holdings, Inc.Investor
Relations:Kevin Molloy, +1.212.314.2476
Media Relations:Matt Asensio, +1.212.314.2010
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