NMI Holdings (NMIH) Prices 13.8M Share Common Offering at $14.50/Sh

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NMI Holdings, Inc. Announces Pricing of $200 Million Public Offering of Common Stock

June 4, 2020 12:20 AM EDT

EMERYVILLE, Calif., June 04, 2020 (GLOBE NEWSWIRE) -- NMI Holdings, Inc. (Nasdaq: NMIH) (the Company) today announced the pricing of an underwritten registered public offering of 13,800,000 shares of Class A common stock, par value $0.01 per share, at a public offering price of $14.50 per share (the offering). The offering was increased from the previously announced offering size of 10,000,000 shares of Class A common stock. In connection with the offering, the underwriters have a 30-day option to purchase up to 2,070,000 additional shares of Class A common stock at the public offering price, less underwriting discounts and... More