11/10/2025 | Press release | Distributed by Public on 11/10/2025 13:49
Item 8.01. Other Events.
On November 10, 2025, The Jones Financial Companies, L.L.L.P. (the "Partnership"), the parent company of Edward D. Jones & Co., L.P. (a Missouri limited partnership) and Edward Jones (an Ontario limited partnership), announced that the Partnership currently anticipates it will undertake a registered offering beginning in calendar year 2026 of up to $1.4 billion in Class B Limited Partnership Interests (the "Class B Offering") expected to be issued on or after January 1, 2027, in accordance with, and subject to the terms and conditions of, the Partnership's Twenty-Third Amended and Restated Agreement of Registered Limited Liability Limited Partnership. The Partnership presently intends to register the Class B Offering pursuant to a Registration Statement on Form S-8 to be filed with the U.S. Securities and Exchange Commission.
The Partnership currently expects the Class B Offering would generally be limited to current employees, service partners and joint venture service partners of the Partnership and its subsidiaries based on various objective and subjective criteria; however, the terms of the Class B Offering remain under consideration and subject to modification. Members of the Enterprise Leadership Team will not be permitted to participate in the offering. The Partnership currently anticipates the net proceeds would be used to meet growth needs or for other general purposes.
The specific terms and completion of the Class B Offering is subject to various factors, including the Partnership's assessment of general economic conditions and the Partnership's overall performance. There can be no assurance that the Class B Offering will be completed.