Patriot Risk Management (PRMI) Files $115M IPO
Patriot Risk Management, Inc. (Nasdaq: PRMI) filed a registration statement with the SEC for an initial public offering of its common stock. The proposed maximum aggregate offering price is $115 million. The company plans to list on the NASDAQ under the stock symbol "PRMI".
The offering is being made through Friedman Billings Ramsey.
Patriot Risk Management provides risk management products and services to employers in Florida, where it writes a majority of its business, 18 other states and the District of Columbia. [BCS]
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