Business Context and Reporting Period
This Form 8-K was filed by Evercore Partners Inc. on December 29, 2010, reporting an event that occurred on the same date. The filing addresses the issuance of unregistered equity securities related to a previously reported acquisition.
Key Financial Metrics
The filing does not provide data on revenue, profit, cash flow, margins, debt, or liquidity. The only quantitative metric disclosed is the issuance of 214,965 shares of Class A common stock.
Material Changes
On December 29, 2010, Evercore issued 214,965 shares of Class A common stock. This issuance served as a portion of the earn-out consideration payable to sellers in connection with the acquisition of an equity interest in Atalanta Sosnoff Capital, LLC.
Guidance, Outlook, and Risks
The filing contains no management commentary, forward-looking guidance, or discussion of risks and contingencies. The transaction was executed under an exemption from registration pursuant to Section 4(2) of the Securities Act of 1933.
Investor Verification Checklist
- Verify the total number of shares issued as earn-out consideration for the Atalanta Sosnoff Capital, LLC acquisition.
- Confirm the specific terms of the earn-out agreement referenced in prior filings.
- Review the impact of this share issuance on total outstanding Class A common stock.