Heritage Insurance Holdings, a Florida-based residential insurance company, announced terms for its IPO on Tuesday. The Clearwater, FL-based company plans to raise $90 million by offering 6.0 million shares at a price range of $14 to $16. At the midpoint of the...read more
In the most successful billion-dollar IPO since Corvis’ 135% first-day pop in July 2000, Twitter jumped 73% on Thursday after raising $1.8 billion at $26 per share, far above its initial $17 to $20 range. Twitter’s (TWTR) 60% gain through Friday...read more
Blue Capital Reinsurance Holdings, a newly formed collateralized property catastrophe reinsurer backed by Montpelier, raised $125 million by offering 6.3 million shares at $20, as expected. Blue Capital Reinsurance Holdings plans to list on the NYSE under the...read more
Florida-based Heritage Insurance sets terms for $90 million IPO
Heritage Insurance Holdings, a Florida-based residential insurance company, announced terms for its IPO on Tuesday. The Clearwater, FL-based company plans to raise $90 million by offering 6.0 million shares at a price range of $14 to $16. At the midpoint of the...read more
US IPO Recap: Twitter shines in a busy but shaky 13 IPO week
In the most successful billion-dollar IPO since Corvis’ 135% first-day pop in July 2000, Twitter jumped 73% on Thursday after raising $1.8 billion at $26 per share, far above its initial $17 to $20 range. Twitter’s (TWTR) 60% gain through Friday...read more
Blue Capital Reinsurance Holdings prices IPO at $20
Blue Capital Reinsurance Holdings, a newly formed collateralized property catastrophe reinsurer backed by Montpelier, raised $125 million by offering 6.3 million shares at $20, as expected. Blue Capital Reinsurance Holdings plans to list on the NYSE under the...read more
15 US IPOs planned for the week of Nov 4
The following IPOs are expected to price this week: Arc Logistics Partners LP (ARCX), a Lightfoot Capital-backed MLP that owns crude oil and refined product terminals, ...read more