Palomar Holdings Inc. (PLMR) Prices 1.2M Share Offering at $88/sh
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Palomar Holdings, Inc. Announces Pricing of Public Offering of Common Stock
August 8, 2024 8:45 PM EDTLA JOLLA, Calif., Aug. 08, 2024 (GLOBE NEWSWIRE) -- Palomar Holdings, Inc. (Palomar or the Company) today announced the pricing of its previously announced underwritten public offering (the Offering) of 1,200,000 shares of Palomars common stock, par value $0.0001 per share (the Common Stock), at a public offering price of $88.00 per share. In addition, the underwriters have been granted a 30-day option to purchase up to 180,000 additional shares of Common Stock from the Company at the public offering price, less underwriting discounts and commissions.
The Company intends to use the net proceeds that it will receive from the offering for... More
