TWFG Sets IPO Price Above Range, Aiming to Raise $187 Million

Reported 3 months ago

Insurance broker TWFG has priced its IPO at $17 per share, above the anticipated range of $14 to $16, aiming to raise about $187 million. The company, which partners with over 300 insurance carriers across the U.S., primarily operates in Texas, California, and Louisiana. The IPO is set for listing on the Nasdaq Global Select Market as interest in new listings surges.

Source: YAHOO

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