---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-033708"
form_type: "8-K"
ticker: "PLMR"
cik: "0001761312"
company_name: "Palomar Holdings, Inc."
filed_at: "2026-02-02T23:59:59+00:00"
generated_at: "2026-05-16T05:41:19.730996+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Palomar completes $311M acquisition of Gray Surety, closes $450M credit facility

## Summary
- Completed acquisition of The Gray Casualty & Surety Company for approx $311M in cash on Jan 31, 2026.
- New $450M unsecured credit facility closed Jan 27, 2026: $150M revolver and $300M term loan maturing Jan 27, 2031.
- Acquisition funded with term loan proceeds and cash on hand; facility includes $100M uncommitted incremental capacity.
- Gray Surety is a national surety carrier; CEO says deal strengthens surety franchise and supports Palomar 2x strategy.

## SEC filing metadata
- accession: 0001193125-26-033708
- form_type: 8-K
- ticker: PLMR
- cik: 0001761312
- company_name: Palomar Holdings, Inc.
- filed_at: 2026-02-02T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 2.01, 2.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1761312/000119312526033708/0001193125-26-033708-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1761312/000119312526033708/plmr-20260202.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-033708
- JSON: https://secwatch.observer/filing/0001193125-26-033708.json
- Plain text: https://secwatch.observer/filing/0001193125-26-033708.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.