Registers up to 12.0M shares issuable upon redemption of SubCo Units - filing
Shares relate to SubCo Units of BlackRock Saturn Subco, LLC issued or issuable as consideration for the HPS Investment Partners transaction, including 7.6M Closing Consideration Units issued at closing on July 1st, 2025 and up to 4.4M Deferred Consideration Units. - SubCo Units are redeemable at certain times following the one-year anniversary of closing, or upon issuance for Deferred Consideration Units, for one common share or a cash settlement amount at Subco's option. - Common stock outstanding was 155.0M shares as of June 29th, excluding the 12.0M shares registered in the prospectus supplement; no cash proceeds will be received from shares issued in Direct Exchanges.
Shares relate to SubCo Units of BlackRock Saturn Subco, LLC issued or issuable as consideration for the HPS Investment Partners transaction, including 7.6M Closing Consideration Units issued at closing on July 1st, 2025 and up to 4.4M Deferred Consideration Units. - SubCo Units are redeemable at certain times following the one-year anniversary of closing, or upon issuance for Deferred Consideration Units, for one common share or a cash settlement amount at Subco's option. - Common stock outstanding was 155.0M shares as of June 29th, excluding the 12.0M shares registered in the prospectus supplement; no cash proceeds will be received from shares issued in Direct Exchanges.