{"id":296,"date":"2025-06-18T08:30:45","date_gmt":"2025-06-18T08:30:45","guid":{"rendered":"https:\/\/hypnosisofaustin.com\/?p=296"},"modified":"2025-06-18T08:38:00","modified_gmt":"2025-06-18T08:38:00","slug":"slide-to-receive-283m-from-upsized-ipo","status":"publish","type":"post","link":"https:\/\/hypnosisofaustin.com\/index.php\/2025\/06\/18\/slide-to-receive-283m-from-upsized-ipo\/","title":{"rendered":"Slide to receive $283m from upsized IPO"},"content":{"rendered":"

Slide Insurance has announced the pricing of its upsized initial public offering of 24,000,000 shares of its common stock, par value per share $0.01, at a public offering price of $17.00 per share.<\/p>\n

\"slide-insurance-logo\"Slide has revealed that it is offering 16,666,667 shares, and certain selling stockholders are offering 7,333,333 shares.<\/p>\n

Based on the offering price, Slide will receive approximately $283.3 million in gross proceeds from the sale of its shares, given that it will not receive any proceeds from the sale of the shares by the selling stockholders.<\/p>\n

In connection with the offering, the selling stockholders have granted the underwriters a 30-day option to purchase up to an additional 3,600,000 shares of common stock at the public offering price, less underwriting discounts and commissions.<\/p>\n

According to SLide, the shares of common stock are expected to begin trading on the Nasdaq Global Select Market on June 18, 2025, under the symbol \u201cSLDE\u201d.<\/p>\n

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\"Register<\/a><!–\"Download<\/a>–><\/p>\n<\/div>\n<\/div>\n

The offering is expected to close on June 20, 2025, pending the fulfilment of customary closing conditions.<\/p>\n

Barclays and Morgan Stanley are acting as joint book-running managers for the proposed offering, while Citizens Capital Markets, Keefe, Bruyette & Woods, A Stifel Company, and Piper Sandler are acting as co-managers for the proposed offering.<\/p>\n

The post Slide to receive $283m from upsized IPO<\/a> appeared first on ReinsuranceNe.ws<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Slide Insurance has announced the pricing of its upsized initial public offering of 24,000,000 shares of its common stock, par value per share $0.01, at a public offering price of $17.00 per share. Slide has revealed that it is offering 16,666,667 shares, and certain selling stockholders are offering 7,333,333 shares. Based on the offering price,…<\/p>\n","protected":false},"author":1,"featured_media":298,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16],"tags":[],"class_list":["post-296","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-reinsurance"],"_links":{"self":[{"href":"https:\/\/hypnosisofaustin.com\/index.php\/wp-json\/wp\/v2\/posts\/296","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hypnosisofaustin.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hypnosisofaustin.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hypnosisofaustin.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hypnosisofaustin.com\/index.php\/wp-json\/wp\/v2\/comments?post=296"}],"version-history":[{"count":3,"href":"https:\/\/hypnosisofaustin.com\/index.php\/wp-json\/wp\/v2\/posts\/296\/revisions"}],"predecessor-version":[{"id":302,"href":"https:\/\/hypnosisofaustin.com\/index.php\/wp-json\/wp\/v2\/posts\/296\/revisions\/302"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hypnosisofaustin.com\/index.php\/wp-json\/wp\/v2\/media\/298"}],"wp:attachment":[{"href":"https:\/\/hypnosisofaustin.com\/index.php\/wp-json\/wp\/v2\/media?parent=296"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hypnosisofaustin.com\/index.php\/wp-json\/wp\/v2\/categories?post=296"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hypnosisofaustin.com\/index.php\/wp-json\/wp\/v2\/tags?post=296"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}