secwatch.observer — SEC 8-K summary
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Issuer:     Palomar Holdings, Inc. (PLMR)
CIK:        0001761312
Form:       8-K
Filed at:   2024-08-09T23:59:59+00:00
Accession:  0001437749-24-025921
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Palomar Holdings prices 1.2M share public offering at $88/share for ~$100.6M net proceeds
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- 1,200,000 shares priced at $88.00 each; underwriters have 30-day option for 180,000 additional shares.
- Net proceeds expected ~$100.6M after underwriting discounts and estimated offering expenses.
- Approximately $25M of net proceeds earmarked to finance acquisition of First Indemnity of America Insurance Company.
- Remaining proceeds for general corporate purposes and to fund future growth.
- Offering expected to close on or about August 12, 2024, subject to customary conditions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1761312/000143774924025921/0001437749-24-025921-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1761312/000143774924025921/plmr20240809_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-025921

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