Kinsale Capital Group (KNSL) Prices 270K Share Common Offering at $190/Sh
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Kinsale Capital Group Announces Pricing of Public Offering of Common Stock
August 4, 2020 7:51 PM EDTRICHMOND, Va., Aug. 04, 2020 (GLOBE NEWSWIRE) -- Kinsale Capital Group, Inc. (NASDAQ: KNSL) (Kinsale or the Company) today announced the pricing of its underwritten public offering of 270,000 shares of common stock at a price of $190.00 per share. In addition, the Company has granted the underwriters a 30-day option to purchase up to an additional 40,500 shares of common stock. Subject to customary conditions, the offering is expected to close on August 7, 2020.
The Company expects to use the net proceeds from the offering of the shares for general corporate purposes, including to fund... More
