ProSight Global, Inc.

ProSight Global, Inc. (PROS) priced its initial public offering on Jul 25, 2019 at $14.00 per share, raising $110M, and listed on NYSE. At the IPO price its market capitalization was about $602M. Goldman Sachs was lead-left underwriter, joined by Barclays, Dowling & Partners and Stifel and others.

ProSight Global, Inc. is a specialty insurance company founded in 2009. It aims to improve customers' experience and value in property and casualty insurance, which it says is distributed through independent agents with limited direct connection between carriers and policyholders.

Status

IPO

Ticker

PROS

Exchange

NYSE

Priced

Jul 25, 2019

IPO price

$14.00

Raised

$110M

Market cap at IPO price

$602M

First filed

Jun 28, 2019

Underwriters

Goldman Sachs, Barclays, Dowling & Partners, Stifel and Citigroup

Sector

Financials

Country / state

NJ

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