newsfilter
← Latest News
Business Wire·

Financial Engines Announces Secondary Offering of Common Stock

SUNNYVALE, Calif.--(BUSINESS WIRE)--Financial Engines (NASDAQ: FNGN) today announced that funds affiliated with Warburg Pincus LLC (the “Selling Stockholders”), have agreed to sell an aggregate of 4,109,128 shares of Financial Engines’ common stock in a registered underwritten public offering (the “Offering”). Financial Engines will not receive any of the proceeds from the sale of the common shares. Morgan Stanley & Co. LLC is acting as the underwriter of the Offering.