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Stock impact report

Insurance Platform Ethos Said to Price IPO at Midpoint of Range [Yahoo! Finance]

Neptune Insurance Holdings Inc. Class A (NP) 
Last neptune insurance holdings inc. class a earnings: 2/18 05:00 pm Check Earnings Report
Company Research Source: Yahoo! Finance
The San Francisco-based company and some of its backers were offering 10.5 million shares for $18 to $20 each. The listing was oversubscribed, Bloomberg News has reported. Most Read from Bloomberg London's Vanishing Office Buildings Are Being Replaced by Hotels LA Council Sends Mansion Tax Changes Back, Dimming Prospects Storm Recovery? That's a Job for a Tool Library Details of the offering could still change, the person said, asking not to be identified as the information isn't public. A representative for Ethos declined to comment. The company is led by co-founders Peter Colis and Lingke Wang, its chief executive officer and president respectively. The platform enables users to find and sign up for life insurance policies. Users can secure life insurance without a medical exam in just 10 minutes, according to its website. It was last valued at $2.7 billion in a funding round led by SoftBank Vision Fund 2 that was announced in July 2021. Ethos had net income of $46. Show less Read more
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