Accelerant Holdings

Accelerant Holdings (ARX) priced its initial public offering on Jul 25, 2025 at $21.00 per share, above its $18.00–$20.00 range, raising $723.7M, and listed on NYSE. At the IPO price its market capitalization was about $4.62B. Morgan Stanley was lead-left underwriter, joined by Goldman Sachs, BMO Capital Markets and RBC Capital Markets and others. Maples and Calder and Sidley Austin advised the company and Conyers Dill & Pearman and Ropes & Gray advised the underwriters.

Status

IPO

Ticker

ARX

Exchange

NYSE

Priced

Jul 25, 2025

IPO price

$21.00

Price range

$18.00–$20.00

Raised

$723.7M

Market cap at IPO price

$4.62B

First filed

Jun 30, 2025

Underwriters

Morgan Stanley, Goldman Sachs, BMO Capital Markets, RBC Capital Markets, Wells Fargo, Piper Sandler, William Blair, Raymond James and Citigroup

Company counsel

Maples and Calder and Sidley Austin

Underwriters' counsel

Conyers Dill & Pearman and Ropes & Gray

Sector

Financials

Country / state

Cayman Islands

Market cap at IPO price = shares outstanding after the offering (all classes, before the over-allotment option) × the IPO price, from the final prospectus.