Palomar Holdings Inc. (PLMR) Announces Proposed 1M Common Share Offering
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Palomar Holdings, Inc. Announces Proposed Public Offering of Common Stock
June 23, 2020 4:08 PM EDTLA JOLLA, Calif., June 23, 2020 (GLOBE NEWSWIRE) -- Palomar Holdings, Inc. (NASDAQ: PLMR) (Palomar or Company), today announced the underwritten public offering of 1,000,000 shares of the Companys common stock, par value $0.0001 per share (the Common Stock), subject to market and other conditions. All of the shares in the offering are to be sold by Palomar. Palomar intends to grant the underwriters a 30-day option to purchase up to 150,000 additional shares of common stock at the public offering price, less the underwriting discounts and commissions.
The Company intends to use the net proceeds... More
