Lemonade (LMND) Announces Proposed 11M Share IPO Between $23-$26/Sh
Get Alerts LMND Hot Sheet
Join SI Premium – FREE
Lemonade, Inc. (NYSE: LMND) today announced that it has commenced the initial public offering of its common stock. Lemonade is offering 11,000,000 shares of its common stock. The initial public offering is expected to be between $23.00 and $26.00 per share. Lemonade expects to grant the underwriters a 30-day option to purchase up to an additional 1,650,000 shares of its common stock at the initial public offering price. The shares are expected to trade on the New York Stock Exchange under the ticker symbol “LMND.”
Goldman Sachs & Co. LLC, Morgan Stanley and Allen & Company LLC are acting as the managing bookrunners for the offering. Barclays is acting as a bookrunner. JMP Securities, Oppenheimer & Co., William Blair and LionTree are acting as co-managers for the offering.
The offering will be made only by means of a prospectus.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Rubrik, Inc. (RBRK) IPO Opens at $38.60, Priced at $32
- Neo-Concept International Group Holdings (NCI) Prices 2.32M Share IPO at $4/sh
- GXO Logistics, Inc. (GXO) Launches Notes Offering
Create E-mail Alert Related Categories
Corporate News, Equity Offerings, Hot Corp. News, IPOsRelated Entities
William Blair, Goldman Sachs, Morgan Stanley, JMP Securities, Barclays, S1, IPOSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!