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Company Reports Q2 Revenue of $55.9M
Reports Q2 revenue $55.9M, consensus $52.44M.
Deal Size Increased from 8.36M to 9.84M Shares
The deal size was increased from 8.36M shares to 9.84M and price below last closing price of $27.94. Morgan Stanley, JPMorgan and Goldman Sachs are acting as joint book running managers for the offering.
Neptune Insurance Launches Public Offering of 8,355,615 Shares
Neptune Insurance Holdings announced the launch of its public offering for the sale of 8,355,615 shares of its Class A common stock by certain selling securityholders. As part of the proposed offering, the Company intends to concurrently purchase from the underwriters 835,561 shares of Class A common stock at a price per share equal to the price per share to be paid by the underwriters to the selling securityholders in the proposed offering. Morgan Stanley is acting as lead left bookrunner for the proposed offering. J.P. Morgan and Goldman Sachs & Co. are acting as active bookrunners.
Neptune Insurance Files to Sell 8.36M Shares of Class A Common Stock
Neptune Insurance files to sell 8.36M shares of Class A common stock for holders
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