debt
confidence high
sentiment neutral
materiality 0.60
Kinsale Capital issues 155,000 shares at $308.30 in follow-on offering
Kinsale Capital Group, Inc.
- Issued 155,000 shares at $308.30 per share via underwritten public offering.
- Underwriting agreement with J.P. Morgan Securities LLC, closed Nov 15, 2022.
- Gross proceeds approximately $47.8 million before underwriting discounts and expenses.
- Company and insiders subject to 30-day lock-up on share sales, with limited exceptions.
- Offering increases outstanding shares by about 1.3% from pre-offering count.