NEW YORK–(BUSINESS WIRE)–AXA Equitable Holdings, Inc. (the “Company”) announced today the sale of
an aggregate of 40,000,000 shares of the Company’s common stock by AXA
S.A. (“AXA”) to Morgan Stanley and Barclays, as the underwriters in the
registered public offering of those shares. AXA has granted the
underwriters a 30-day option to purchase up to an additional 6,000,000
shares of common stock. AXA is selling all of the shares of common
stock, and the Company will not receive any proceeds from the offering.
Morgan Stanley and Barclays propose to offer for sale the shares of
common stock from time to time in one or more transactions on the New
York Stock Exchange, in the over-the-counter market, through negotiated
transactions or otherwise at market prices prevailing at the time of
sale, at prices related to prevailing market prices or at negotiated
prices, subject to receipt and acceptance by them and subject to their
right to reject any order in whole or in part.
The Company’s effective registration statement, including a prospectus,
relating to the offering was previously filed with the U.S. Securities
and Exchange Commission (the “SEC”). Investors should read the
prospectus in that registration statement and other documents the
Company has filed with the SEC before investing for more complete
information about the Company and this offering. These documents are
available for free by searching for the Company’s public filings on the
SEC’s website at www.sec.gov,
or by visiting the Company’s website at https://ir.axaequitableholdings.com.
Alternatively, copies of the prospectus and prospectus supplement, when
available, may be obtained from Morgan Stanley & Co. LLC, Attention:
Prospectus Department, 180 Varick Street, 2nd Floor, New York, New York
10014 or Barclays, c/o Broadridge Financial Solutions, 1155 Long Island
Avenue, Edgewood, New York 11717, email:
[email protected] or telephone: 888-603-5847.
This press release shall not constitute an offer to sell or the
solicitation of an offer to buy, nor shall there be any sale of these
securities in any state or jurisdiction in which such offer,
solicitation or sale would be unlawful prior to registration or
qualification under the securities laws of any such state or
jurisdiction.
About AXA Equitable Holdings
AXA Equitable Holdings, Inc. (NYSE: EQH) is one of the leading financial
services companies in the U.S. and is comprised of two complementary and
well-established principal franchises, AXA Equitable Life Insurance
Company and AllianceBernstein. We have been helping clients prepare for
their financial future since 1859 and have a combined total of
approximately 12,500 employees and financial professionals, 5.3 million
customer relationships and $664 billion of assets under management (as
of 3/31/2019).
Contacts
AXA Equitable Holdings, Inc.
Investor Relations:
Kevin
Molloy, +1.212.314.2476
Media Relations:
Matt Asensio, +1.212.314.2010
