(The Insurer) – Bruce Lucas-led Florida homeowners insurance carrier Slide Insurance Holdings has filed a Form S-1 for an initial public offering on the Nasdaq Global Select Market under the symbol “SLDE”.
Tampa-based Slide filed the S-1 application to list its common stock on May 23. The filing did not list a target amount of shares to be offered.
Barclays Capital and Morgan Stanley are acting as joint book-running managers of the offering.
Fellow Florida homeowners carrier American Integrity and Bermudian (re)insurer Aspen both floated on the New York Stock Exchange earlier this month, raising $110 million and $397.5 million respectively before the underwriters’ option.
Tampa-based American Integrity floated at an offering price of $16 a share on May 8. Its share price closed at $16.54 on May 23.
Slide was launched in 2021 as a technology-enabled coastal specialty insurer. It writes single family and condominium policies in…
