Bowhead Specialty shareholder launches 2 million share secondary offering
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Bowhead Specialty Holdings Inc. (NYSE: BOW) announced that shareholder GPC Partners Investments (SPV III) LP will sell 2 million shares of common stock through an underwritten secondary public offering.
The company will not sell any shares in the offering and will not receive proceeds from the sale. RBC Capital Markets, LLC serves as the underwriter for the transaction.
The underwriter will offer shares through negotiated transactions at market prices prevailing at the time of sale, at prices related to prevailing market prices, or at negotiated prices.
The offering operates under an effective registration statement on Form S-3 filed with the Securities and Exchange Commission that became effective on June 18, 2025. The company will file a prospectus supplement for the offering.
Bowhead Specialty provides casualty, professional liability and healthcare liability insurance products. The company was founded by industry veteran Stephen Sills and focuses on specialty insurance lines requiring specialized underwriting and claims expertise.
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