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Stock impact report

Palomar Holdings, Inc. Launches Secondary Public Offering

Palomar Holdings, Inc. - Common stock (PLMR) 
Last palomar holdings, inc. - common stock earnings: 2/18 04:10 pm Check Earnings Report
Company Research Source: GlobeNewswire
LA JOLLA, Calif., Sept. 23, 2019 (GLOBE NEWSWIRE) -- Palomar Holdings, Inc. (NASDAQ:PLMR) (“Palomar” or “Company”) today announced that affiliates of Genstar Capital (the “Genstar Affiliates”) and certain directors and officers of the Company (together, with the Genstar Affiliates, the “Selling Stockholders”) are offering 5,000,000 shares of the Company’s common stock, par value $0.0001 per share (the “Common Stock”), in an underwritten public offering. In addition, the Genstar Affiliates intend to grant the underwriters of the offering an option, exercisable within 30 days from the date of the final prospectus relating to the offering, to purchase up to an additional 750,000 shares of Common Stock at the public offering price, less underwriting discounts and commissions. The offering consists entirely of secondary shares to be sold by the Selling Stockholders. The Selling Stockholders will receive all of the proceeds from the offering. Barclays Capital Inc., J.P. Morgan and Keefe, Show less Read more
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