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Stock impact report

Bowhead Specialty Announces Pricing of Upsized Initial Public Offering [Yahoo! Finance]

JP Morgan Chase & Co. (JPM) 
Last jp morgan chase & co. earnings: 4/14 06:43 am Check Earnings Report
Company Research Source: Yahoo! Finance
pricing of its upsized initial public offering of 7,529,412 shares of its common stock at a public offering price of $17.00 per share. The aggregate gross proceeds to the Company from the offering are expected to be $128.0 million before deducting underwriting discounts and commissions and estimated offering expenses. The Company has granted the underwriters a 30-day option to purchase up to an additional 1,129,411 shares of its common stock at the initial offering price, less underwriting discounts and commissions. The shares are expected to begin trading on the New York Stock Exchange on May 23, 2024, under the symbol "BOW." The offering is expected to close on Tuesday, May 28, 2024, subject to the satisfaction of customary closing conditions. The principal purposes of this offering are to increase the Company's capitalization and financial flexibility, create a public market for its common stock and thereby enable access to the public equity markets for the Company and its stockh Show less Read more
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