HCI Group raises $85mn from its underwritten public offering
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HCI Group raises $85mn from its underwritten public offering

HCI logo fundraise.jpg

HCI Group has raised net proceeds of approximately $85mn through its underwritten public offering, which closed today.

This includes the exercise in full by the underwriters of their option to purchase up to an additional 150,000 shares of common stock in the offering, which resulted in additional net proceeds to the company of approximately $11.1mn.


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