Specialty insurer Bowhead Specialty Holdings Inc. raised $128 million after increasing the size of its IPO and pricing the shares above a marketed range. The company priced 7.53 million shares, up from the initially planned 6.67 million shares, at $17 per share, which was $1 above the marketed range. Bowhead Specialty debuted on the New York Stock Exchange (NYSE) on Thursday under the ticker symbol BOW and opened at $23 per share, marking a 35.3% gain at the first trade.
Bowhead Specialty Holdings Inc. (BOW) priced 7.53mm shares (upsized from 6.67mm) at $17.00 ($1.00 above the range) and opened at $23.00 for a gain of 35.3% at first trade. #IPO $BOW https://t.co/GtbusCQRF4
The NYSE welcomes Bowhead Specialty in celebration of its IPO! $BOW https://t.co/mNq4FcwNcj
Join us in welcoming Bowhead Specialty to the NYSE community today! $BOW https://t.co/QVzxWRKRZa
Specialty insurer Bowhead Specialty prices upsized IPO at $17, above the range $BOW $IPO #IPO https://t.co/UjQfqxCJU5
Bowhead Specialty Holdings Inc. (BOW) priced 7.53mm shares (upsized from 6.67mm) at $17.00 ($1.00 above the range) for debut on Thursday. #IPO $BOW https://t.co/2iBfTqxAyz
Specialty insurer Bowhead raised $128 million after increasing the size of its IPO and pricing the shares above a marketed range. https://t.co/1qmbIgbbVC