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Palomar Holdings prices IPO at $15, the low end of the range

April 17, 2019
PLMR

Palomar Holdings, a specialty property insurance provider backed by Genstar Capital, raised $84 million by offering 5.6 million shares at $15, the low end of the range of $15 to $17. Palomar Holdings plans to list on the Nasdaq under the symbol PLMR. Barclays, J.P. Morgan and Keefe Bruyette Woods acted as lead managers on the deal.