Home / Business and Economy / Orion180 IPO: $340M Aimed

Orion180 IPO: $340M Aimed

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.

Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.

Read more news on

Property Code: 5571