Offset had a good day on Wall Street to start his week. The Migos rapper showed up to Nasdaq HQ in Manhattan’s Time Square on Monday (August 30) with wifey Cardi B at his side to celebrate Reservoir Media’s IPO.
Thanks to the leadership of its founder and CEO Golnar Khosrowshahi, the independent music publishing firm is the first of its type to go public, as well as the first female-led music corporation.
Offset’s participation stems from the Migos’ library, which is managed by Reservoir Media. When TMZ got up with Set earlier today, he claimed he’s “partners” with the firm before heading inside to have some fun with the ritual of ringing the opening bell.
In 2017, Reservoir Media allegedly inked worldwide publishing arrangements with Offset and Takeoff. The firm went public in July, but the formal announcement was made this morning.
“This morning, Reservoir rang the @Nasdaq Opening Bell in celebration of our recent IPO. It is both exciting and humbling to take this next step in Reservoir’s journey,” Reservoir Media wrote. “We look forward to all the opportunities this creates, as we deepen our commitment to #investinginentertainment.”
Reservoir Media ended Monday with a stock price of little under $9 per share for those interested in purchasing shares.
