Insurance Brokers IPOs » By The Online Investor Staff, updated Mon., Jan. 24, 2:03 AMRecent initial public offerings in the Insurance Brokers IPOs category.
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Slide #1. Kinsale Capital Group, Inc. — Initial Public Offering
Company:
Kinsale Capital Group, Inc.
Proposed Symbol:
KNSL
Shares Offered:
6,600,000
Price Per Share:
$16.00
Over-Allotment:
990,000
Description:
Kinsale Capital Group, Inc. (NASDAQ:KNSL) today announced the pricing of its initial public offering of 6,600,000 shares of common stock at a price of $16.00 per share. The shares are expected to begin trading on the NASDAQ Global Select Market on July 28, 2016 under the symbol "KNSL." Kinsale is offering 5,000,000 shares of common stock and the selling stockholders named in the prospectus are offering 1,600,000 shares of common stock. The underwriters have a 30-day option to purchase up to an additional 990,000 shares of common stock from the selling stockholders. Kinsale will not receive any proceeds from the sale of shares by the selling stockholders.
