Skyward Specialty closes follow-on equity offering
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Skyward Specialty closes follow-on equity offering

Skyward Specialty Insurance Houston.jpg

Westaim has closed its Skyward Specialty follow-on equity offering, selling 3.6 million shares and bringing in roughly $104.9mn, the company announced Monday.

Priced at $30.50 per share, the offering included the exercise in full of the underwriters’ over-allotment option.

With this fundraising, the specialist insurer will capitalize on market opportunities within existing lines of business, but also continue to expand into new...

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