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Trupanion prices IPO at $10, well below the range

July 18, 2014

Trupanion, which provides medical insurance covering cats and dogs in North America, raised $71 million by offering 7.1 million shares at $10, well below its $13 to $15 range. Trupanion will on the NYSE under the symbol TRUP. RBC Capital Markets, Barclays and Stifel acted as joint bookrunners on the deal.