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Conifer Holdings prices IPO at $10.50, below the range

August 13, 2015

Conifer Holdings, a specialty property insurance provider led by executives from North Pointe, raised $33 million by offering 3.1 million shares at $10.50, below the range of $11 to $13. Conifer Holdings plans to list on the Nasdaq under the symbol CNFR. Conifer Holdings initially filed confidentially on 5/7/2015. BMO Capital Markets and Raymond James acted as lead managers on the deal.