Bamboo Insurance Launches IPO Roadshow, Targets $18-$20 Per Share on NYSE
Bamboo Insurance is seeking to list on the NYSE as it begins its IPO roadshow, with shares targeted at $18-$20 each.
Bamboo Insurance has launched its IPO roadshow, targeting a price range of $18 to $20 per share.
Bamboo Insurance: Bamboo Insurance Services, Inc., a technology-driven managing general underwriter specializing in homeowners' insurance, has launched the roadshow for its initial public offering, according to a company announcement. The offering covers 35 million shares of Class A common stock, priced in an expected range of $18.00 to $20.00 per share.
The company has applied to list on the New York Stock Exchange under the ticker "BMB," positioning it to become one of the latest insurtech names to test public markets this year.
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