{"id":399,"date":"2025-09-22T14:00:38","date_gmt":"2025-09-22T14:00:38","guid":{"rendered":"http:\/\/www.donleeauto.com\/?p=399"},"modified":"2025-09-23T09:45:35","modified_gmt":"2025-09-23T09:45:35","slug":"neptune-insurance-seeks-up-to-423-7m-in-ipo","status":"publish","type":"post","link":"http:\/\/www.donleeauto.com\/index.php\/2025\/09\/22\/neptune-insurance-seeks-up-to-423-7m-in-ipo\/","title":{"rendered":"Neptune Insurance seeks up to $423.7m in IPO"},"content":{"rendered":"

Neptune Insurance Holdings, the parent company of Neptune Flood, has launched an initial public offering (IPO) that could raise up to $423.7 million.<\/p>\n

\"\"Selling securityholders are offering 18,421,053 shares at an expected price range of $18 to $20 per share.<\/p>\n

They also intend to grant underwriters a 30-day option to purchase up to an additional 2,763,157 shares of Class A common stock.<\/p>\n

Earlier this month, Neptune filed a registration statement with the U.S. Securities and Exchange Commission for the proposed IPO<\/a>.<\/p>\n

The firm has now applied to list its Class A common stock on the New York Stock Exchange under the ticker symbol “NP”.<\/p>\n

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\"Ascot<\/a><\/div>\n<\/div>\n

Neptune disclosed that Morgan Stanley is acting as lead left bookrunner for the proposed offering, while J.P. Morgan and BofA Securities are acting as active bookrunners.<\/p>\n

At the same time, BMO Capital Markets, Goldman Sachs & Co. LLC, Evercore ISI, Deutsche Bank Securities, Keefe, Bruyette & Woods, a Stifel Company, Mizuho, Piper Sandler, Raymond James and TD Securities are acting as joint bookrunners. Dowling & Partners Securities LLC is acting as co-manager.<\/p>\n

The post Neptune Insurance seeks up to $423.7m in IPO<\/a> appeared first on ReinsuranceNe.ws<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Neptune Insurance Holdings, the parent company of Neptune Flood, has launched an initial public offering (IPO) that could raise up to $423.7 million. Selling securityholders […]<\/p>\n","protected":false},"author":1,"featured_media":401,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[],"class_list":["post-399","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-featured"],"_links":{"self":[{"href":"http:\/\/www.donleeauto.com\/index.php\/wp-json\/wp\/v2\/posts\/399","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.donleeauto.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.donleeauto.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.donleeauto.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.donleeauto.com\/index.php\/wp-json\/wp\/v2\/comments?post=399"}],"version-history":[{"count":3,"href":"http:\/\/www.donleeauto.com\/index.php\/wp-json\/wp\/v2\/posts\/399\/revisions"}],"predecessor-version":[{"id":403,"href":"http:\/\/www.donleeauto.com\/index.php\/wp-json\/wp\/v2\/posts\/399\/revisions\/403"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/www.donleeauto.com\/index.php\/wp-json\/wp\/v2\/media\/401"}],"wp:attachment":[{"href":"http:\/\/www.donleeauto.com\/index.php\/wp-json\/wp\/v2\/media?parent=399"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.donleeauto.com\/index.php\/wp-json\/wp\/v2\/categories?post=399"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.donleeauto.com\/index.php\/wp-json\/wp\/v2\/tags?post=399"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}