1347 House Insurance Holdings Inc., a residence and casualty insurance coverage holding business providing home owners and dwelling insurance to men and women in Louisiana via its wholly-owned subsidiary Maison Insurance Co., announced the pricing of its original public providing of 1,887,500 shares of its frequent stock at a price to the public of $ 8.00 per share.
PIH has granted the representative of the underwriters a 45-day selection to buy up to 283,125 extra shares of frequent stock to cover above-allotments, if any.
Shares of PIH typical stock are anticipated to trade on The NASDAQ Capital Market underneath the symbol “PIH” starting on or about April 1, 2014. The closing of the providing is anticipated on or about April 4th, 2014 topic to customary closing problems.
Aegis Capital Corp. is acting as sole book-working manager for the providing.
EarlyBirdCapital Inc. is acting as a co-manager for the providing.
A registration statement relating to these securities was declared efficient by the Securities and Exchange Commission on March 31, 2014.
1347 Property Insurance coverage Holdings Inc. is incorporated in Delaware.
Source: 1347 Home Insurance Holdings Inc.