Bowhead Specialty Announces Pricing of Upsized Initial Public Offering
Bowhead Specialty Holdings Inc. (the “Company”, “Bowhead Specialty”, “we” or “our”) announced today the pricing of its upsized initial public offering of 7,529,412 shares of its common stock at a public offering price of $17.00 per share.
- Bowhead Specialty Holdings Inc. (the “Company”, “Bowhead Specialty”, “we” or “our”) announced today the pricing of its upsized initial public offering of 7,529,412 shares of its common stock at a public offering price of $17.00 per share.
- The aggregate gross proceeds to the Company from the offering are expected to be $128.0 million before deducting underwriting discounts and commissions and estimated offering expenses.
- The Company has granted the underwriters a 30-day option to purchase up to an additional 1,129,411 shares of its common stock at the initial offering price, less underwriting discounts and commissions.
- A registration statement relating to the offering has been filed with the SEC, and became effective on May 22, 2024.