Enact Holdings (ACT) Prices 13.3M Share IPO at $19/sh

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Enact Announces Pricing of Initial Public Offering

September 15, 2021 8:14 PM EDT

RALEIGH, N.C., Sept. 15, 2021 /PRNewswire/ -- Enact Holdings, Inc. (Enact) today announced the pricing of its initial public offering of 13,310,400 shares of common stock at a price to the public of $19.00 per share.

The shares are expected to begin trading on the Nasdaq Global Select Market on September 16, 2021 under the ticker symbol "ACT." The offering is expected to close on September 20, 2021, subject to customary closing conditions. All of the shares are being offered by the selling stockholder, Genworth Holdings, Inc. (GHI), a wholly owned subsidiary of Genworth Financial, Inc., and Enact will not... More