Skyward Specialty Insurance sets IPO terms, to raise up to $136 million for company, shareholders

Skyward Specialty Insurance Group Inc.

has set terms for its initial public offering, which is expected to raise up $136.0 million through the sale of 8.5 million shares. The Houston-based commercial property and casualty insurer said it is offering 4.75 million shares in the IPO, while selling shareholders are offering 3.75 million shares. The company could see proceeds of up to $76.0 million, as the IPO is expected to price between $14 and $16 a share, and shareholders could raise up to $60.0 million. With about 37.

has set terms for its initial public offering, which is expected to raise up $136.0 million through the sale of 8.5 million shares. The Houston-based commercial property and casualty insurer said it is offering 4.75 million shares in the IPO, while selling shareholders are offering 3.75 million shares. The company could see proceeds of up to $76.0 million, as the IPO is expected to price between $14 and $16 a share, and shareholders could raise up to $60.0 million. With about 37.

.” Skyward’s IPO is coming at a time of relative investor disdain for IPO shares, as the Renaissance IPO ETF IPO has tumbled 20.6% over the past three months while the S&P 500 SPX has gained 0.9%.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Bay Area business and home owners faced with insurance questions about flood damageSaturday's epic rainstorm had residents across the Bay Area who aren't used to dealing with flooding asking serious questions about whether their insurance would cover the damage. why more drug dealers, you can get those, they have 100's more to go, why not get the people that is using the drug put them rehabilitation system, and guard them, then see how that will work, {no one to sell to} giving people the wrong help is like not giving them help at all,
Source: KPIXtv - 🏆 443. / 53 Read more »