Bill Ackman has filed to list Pershing Square and Pershing Square USA on the New York Stock Exchange under the tickers PS and PSUS and is offering PSUS shares at $50 to raise $5–10 billion.The filing details a dual listing and an allocation that gives investors 20 PSI shares for every 100 PSUS shares purchased and notes $2.8 billion in commitments from family offices, pension funds, insurance companies and ultra-high-net-worth investors.Bill Ackman says the move creates a permanent-capital platform inspired by
Warren Buffett, leverages a concentrated portfolio that included
Brookfield,
Uber and
Amazon and uses Ackman’s two million followers on
X after a failed $25 billion attempt.