09:46 AM EDT, 08/29/2024 (MT Newswires) -- Bill Ackman is looking to revive an initial public offering of Pershing Square USA by providing sweeteners to early investors, the Financial Times reported Thursday.

The hedge fund manager has fielded interest in additional incentives alongside Pershing Square USA stock, including the right to buy extra shares in the future at a fixed price via warrants, the FT reported, citing two people familiar with the matter.

The biggest reward for investors would be rights to buy into the eventual IPO of his hedge fund, Pershing Square Capital Management, which manages investments for both the proposed US vehicle and the existing European fund, according to the report.

Ackman withdrew the Pershing Square USA IPO last month in the face of weak demand. Pershing Square did not immediately reply to a request for comment from MT Newswires.

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