secwatch.observer — SEC 8-K summary
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Issuer:     Skyward Specialty Insurance Group, Inc. (SKWD)
CIK:        0001519449
Form:       8-K
Filed at:   2023-01-18T23:59:59+00:00
Accession:  0001104659-23-004624
Event type: other_material
Sentiment:  positive
Materiality: 0.90
Item codes: 5.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Skyward Specialty closes upsized IPO of 8.95M shares at $15; begins trading on Nasdaq
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- IPO priced at $15.00 per share for 8,952,383 total shares: 4,750,000 new shares from company, 4,202,383 from selling stockholders.
- Underwriters exercised in full the over-allotment option to purchase an additional 1,342,857 shares from selling stockholders.
- Company to use net proceeds for capital contributions to insurance subsidiaries and general corporate purposes.
- Common stock began trading January 13, 2023 on Nasdaq under ticker SKWD.
- Amended charter and bylaws became effective upon IPO closing.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1519449/000110465923004624/0001104659-23-004624-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1519449/000110465923004624/tm233575d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-004624

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