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Source: NASDAQ | Published on July 25, 2019
ProSight Global, a specialty property & casualty insurer backed by Goldman Sachs and TPG, raised $110 million by offering 7.9 million shares (45% secondary) at $14, well below the range of $16 to $18.
The company originally planned to offer 8.8 million shares (60% secondary). ProSight Global plans to list on the NYSE under the symbol PROS. Goldman Sachs, Barclays and BofA Merrill Lynch acted as lead managers on the deal.
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