BRP Group (BRP) Announces Proposed 11.5M Class A Share Follow-On Offering
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BRP Group, Inc. Announces Proposed Follow-on Offering and Update on MGA of the Future Policies in Force
June 22, 2020 4:13 PM EDTTAMPA, Fla., June 22, 2020 (GLOBE NEWSWIRE) -- BRP Group, Inc. (BRP or the Company) (NASDAQ: BRP) today announced the proposed underwritten offering of 11,500,000 shares of its Class A common stock, subject to market conditions and other factors. BRP expects to grant the underwriters a 30-day option to purchase up to 1,725,000 additional shares of its Class A common stock at the public offering price, less the underwriting discounts and commissions.
In conjunction with this offering, BRP disclosed an update on MGA of the Future policies in force, which grew to 440,155 at June 22, 2020 from 401,520 at March... More
