Palomar Holdings (PLMN) Launches IPO Roadshow

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Palomar Holdings, Inc. Announces Launch of Initial Public Offering

April 8, 2019 6:14 AM EDT

LA JOLLA, Calif., April 08, 2019 (GLOBE NEWSWIRE) -- Palomar Holdings, Inc. (Palomar) today announced that it has launched the roadshow for the initial public offering of its common stock. Palomar is offering 5,625,000 shares of its common stock, plus up to an additional 843,750 shares that the underwriters have the option to purchase. The initial public offering price is expected to be between $15.00 and $17.00 per share. The shares are expected to trade on the Nasdaq Global Select Market under the ticker symbol "PLMR.

Barclays Capital Inc., J.P. Morgan and Keefe, Bruyette & Woods, Inc. will act as joint lead book-running... More