Patriot National, Inc. IPO Info
Company Name: Patriot National, Inc.
Stock Symbol: PN
Exchange: NYSE
Status: Priced
IPO Date: 1/16/2015
IPO Price:
14.00 (
-52.07%)
Underwriters
UBS Investment Bank, BMO Capital Markets, SunTrust Robinson Humphrey
Amount of Offering: N/A
Number of Shares Offered: 8.316 Mil
Shares Outstanding After Offering: N/A
Valuation: N/A
Company Description
Patriot National is a national provider of comprehensive outsourcing solutions within the workers compensation marketplace for insurance companies, employers, local governments and reinsurance captives.
Financial Data
Patriot National said, "We generate fee revenue for our services, and we do not write any insurance policies or bear underwriting risk. On a pro forma basis, after giving effect to the Acquisitions, this offering and the application of use of proceeds therefrom, our revenue was $101.1 million for the nine months ended September 30, 2014 and $93.0 million for the year ended December 31, 2013."
SEC Filings
News Headlines
