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Orion180 Insurance prices US IPO below range, raises $240 million
The insurer raised $240 million after pricing 20 million shares below range as investors scrutinize new insurance listings.
Summary by WTVB
5 Articles
5 Articles
Orion180 Insurance Group Inc. Announces Pricing of Initial Public Offering
US Market: Orion180 prices IPO below target range, raises $240 million
Orion180 Insurance raised $240 million through its US IPO after pricing 20 million shares at $12 each, below its targeted range of $15-$17. The insurer is set to list on Nasdaq as the US IPO pipeline gains momentum.
Orion180 Insurance prices US IPO below range, raises $240 million
Sept 17 (Reuters) - Orion180 Insurance on Thursday priced its US initial public offering below its targeted range and raised $240 million, joining a growing pipeline of insurers testing investor appetite as the fall listing season gathers momentum. T...
Latham, Skadden Guide Orion180 Insurance's $240M IPO Law360http://dlvr.it/TVY788
Coverage Details
Total News Sources5
Leaning Left0Leaning Right3Center1Last Updated75% Right
Bias Distribution
- 75% of the sources lean Right
75% Right
C 25%
R 75%
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