Recent Updates — ITG
ITG, Inc. completed its initial public offering on July 2, 2026, selling 19,512,196 shares of Class A Common Stock at $16.00 per share. Underwriters exercised an option to purchase an additional 2,926,829 shares. Net proceeds were used to repay outstanding borrowings under the company's revolving credit and term loan facilities. The company issued 26,005,508 Class A shares to Oaktree Blocked Fund, 31,880,101 Class B shares to Oaktree Aggregator, and 43,832,585 Class B shares to ITG Management Holdings, LLC. Francis A. Braun III and Dylan G. Petre were appointed as independent directors on July 1, 2026. Executive equity awards were granted to Andrew D. Parrott ($2.5 million) and Christopher H. Mecray ($800,000). The company also adopted an Omnibus Incentive Plan and amended its certificate of incorporation and bylaws. ITG, Inc. is an emerging growth company that operates in an unspecified industry.