Skyward Specialty Insurance Group (SKWD) Announces 4.5M Share Follow-on Offering
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Skyward Specialty Announces Follow-On Offering of its Common Stock
November 13, 2023 4:31 PM ESTHOUSTON, Nov. 13, 2023 (GLOBE NEWSWIRE) -- Skyward Specialty Insurance Group Inc.TMÂ (NASDAQ: SKWD) ("Skyward Specialty" or the Company") a leader in the specialty property and casualty (P&C) market, today announced the Company has commenced a follow-on offering of 2,150,000 shares of its common stock. Additionally, Skyward Specialtys existing stockholder, The Westaim Corporation (Westaim), is offering 2,350,000 shares. Westaim also granted the underwriters a 30-day option to purchase up to an additional 675,000 shares.
Skyward Specialtys principal purposes of the offering are to support its continued growth and allow the Company to capitalize on market... More
