Follow-On Offering

Real Estate
Follow-On Offering


Baird served as co-manager on this offering


RCS Capital Corporation (the “Company”) (NYSE: RCAP) recently completed a follow-on offering of 24,000,000 shares of common stock at a price of $20.25 per share, generating gross proceeds of approximately $486 million. The Company intends to use the net proceeds from the offering to fund a portion of the consideration required for its pending acquisitions and for general corporate purposes, including debt repayment and fees related to the pending acquisitions, private offerings and other acquisitions.

RCS Capital Corporation is engaged in the wholesale distribution, investment banking and capital markets businesses, a retail advice business and a research business focused on alternative investments. The Company will be an integrated financial services platform that also will provide financial advice to approximately 1.9 million clients through a network of over 9,100 financial advisors, as well as institutional financial services. RCS Capital Corporation is headquartered in New York, New York.

For additional information about this transaction, please contact:

Jeff Rogatz (202) 303-1823
Tom O’Hare (202) 303-1811
Gary Placek (414) 765-3611
Mike Wilcox (414) 298-5999
Real Estate
Follow-On Offering
June 2014
RCS Capital Corporation
Real Estate
Target Location
North America