TWFG, Inc.

TWFG, Inc. (TWFG) priced its initial public offering on Jul 19, 2024 at $17.00 per share, raising $187M, and listed on Nasdaq Global Select. At the IPO price its market capitalization was about $223.8M. Akin advised the company and Davis Polk advised the underwriters.

TWFG, Inc. is an independent distribution platform for personal and commercial insurance in the United States, founded in 2001. It works with independent agents, insurance carriers and clients through an agency model.

Status

IPO

Ticker

TWFG

Exchange

Nasdaq Global Select

Priced

Jul 19, 2024

IPO price

$17.00

Raised

$187M

Market cap at IPO price

$223.8M

First filed

Jun 24, 2024

Company counsel

Akin

Underwriters' counsel

Davis Polk

Sector

Financials

Country / state

TX

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