other_material
confidence high
sentiment positive
materiality 0.90
Miami International Holdings completes IPO of 17.25M shares at $23, gross proceeds $396.8M
MIAMI INTERNATIONAL HOLDINGS, INC.
- IPO closed August 15, 2025, with 17,250,000 shares sold at $23.00 per share, including full underwriter over-allotment of 2,250,000 shares.
- Gross proceeds to company of $396.8 million before underwriting discounts and expenses.
- All outstanding Series B preferred and nonvoting common converted into 4,525,000 common shares immediately prior to IPO closing.
item 3.02item 8.01