March 4 Moelis & Co, an independent investment
bank, filed with U.S. regulators to raise up to $100 million in
an initial public offering of its Class A common stock.
The company, founded by Wall Street dealmaker Ken Moelis,
named Goldman Sachs & Co and Morgan Stanley as lead underwriters
for the offering, according to a filing with the U.S. Securities
and Exchange Commission. ()
The New York-based bank intends to apply to list its Class A
stock on the New York Stock Exchange under the symbol "MC".
The amount of money a company says it plans to raise in its
first IPO filings is used to calculate registration fees. The
final size of the IPO could be different.