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Orion180 IPO: $340M Aimed
9 Sep
Summary
- Orion180 Insurance Group plans $340 million IPO.
- The company specializes in homeowners and flood insurance.
- Shares are priced between $15 and $17 each.
Orion180 Insurance Group Inc. is preparing to launch an initial public offering (IPO) with the goal of raising as much as $340 million. The company, which is headquartered in Melbourne, Florida, has announced plans to market 20 million shares.
The anticipated price range for these shares is between $15 and $17 each. Orion180 Insurance Group focuses on providing specialty insurance for homeowners and flood coverage, positioning itself in a key sector of the insurance market.