HCI Group subsidiary Exzeo files S-1 for proposed IPO; terms not set

HCI Group, Inc.

Exzeo Group, majority-owned by HCI, publicly filed Form S-1 for IPO of common stock.
Number of shares and price range not yet determined; offering subject to market conditions.
Joint book-runners: Truist Securities, Citizens Capital Markets, William Blair.
Fifth Third Securities acting as co-manager for the proposed offering.
No assurance on whether or when the offering will be completed.

item 7.01item 9.01

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