SelectQuote Inc. (SLQT) Prices 28.5M Share IPO at $20/Sh

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Go back to SelectQuote Inc. (SLQT) Prices 28.5M Share IPO at $20/Sh

SelectQuote Announces Pricing of Initial Public Offering

May 20, 2020 9:36 PM EDT

OVERLAND PARK, Kan.--(BUSINESS WIRE)-- SelectQuote, Inc. (NYSE: SLQT), a pioneer in providing consumers with unbiased price comparisons from some of the most trusted insurance carriers, today announced the pricing of its initial public offering of 28,500,000 shares of its common stock at a price of $20.00 per share.

Of the offered shares, 18,000,000 shares are being offered by SelectQuote and 10,500,000 shares are being offered by selling stockholders. The selling stockholders have also granted the underwriters a 30-day option to purchase up to an additional 4,275,000 shares at the initial public offering price less underwriting... More