American Integrity
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The Tampa-based insurer says it will use the capital for general corporate purposes. -
The initial offering includes 6,875,000 shares of common stock.
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The offering launched last week with a valuation between $103mn and $116.8mn.
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The initial offering will include 6,875,000 shares of common stock.
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The Floridian company applied to be traded on the NYSE.
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The insurer has lined up Piper Sandler and KBW to run the process.
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Sources said preparations for a 2024 IPO were halted, but work could resume later this year.
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The guided pricing on the bond is around 60% higher that the Integrity Re offering of last spring.
