Renaissance Capital logo

SFPT News

Coastal-focused property and casualty insurer Safepoint Holdings officially withdraws $267 million IPO

Safepoint Holdings logo

Safepoint Holdings, a specialty homeowners and commercial property insurer focused on coastal markets, withdrew its plans for an initial public offering on Wednesday. The company had planned to raise $267 million earlier this month by offering 16.7 million...read more

US IPO Week Ahead: Several big deals set to kick off June

INIO

Seven sizable IPOs are currently scheduled to list in the week ahead, and some smaller issuers may also join the calendar throughout the week. Natural gas engines producer INNIO Holding (INIO) is set to raise $1.9 billion at a $19.1 billion market cap....read more

Coastal-focused property and casualty insurer Safepoint Holdings sets terms for $267 million IPO

Safepoint Holdings logo

Safepoint Holdings, a specialty homeowners and commercial property insurer focused on coastal markets, announced terms for its IPO on Tuesday. The Tampa, FL-based company plans to raise $267 million by offering 16.7 million shares (63% secondary) at a price...read more

US IPO Week Ahead: Wave of potential launches set to crash over a quiet IPO calendar

QNT

There are currently no major IPOs scheduled for the short Memorial Day week ahead, though some small deals may join the calendar late. While it looks quiet for now, several notable names in the pipeline could launch in the coming week, including: Street...read more