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Accelerant Holdings Director Hasley Nancy Buys 500 Shares at $21 Per Share.
ByAinvest
Tuesday, Jul 29, 2025 8:27 pm ET1min read
Accelerant Holdings (ARX) has disclosed that Hasley Nancy, a Director and General Counsel of the company, has made a recent acquisition of 500 shares at a price of $21 per share on July 25, 2025.
New York, NY - Accelerant Holdings (ARX), a risk exchange company, has disclosed that Hasley Nancy, a Director and General Counsel of the company, has recently acquired 500 shares at the IPO price of $21 per share on July 25, 2025. This acquisition comes amidst Accelerant's upsized initial public offering (IPO) priced at $21.00 per share, which is set to list on the New York Stock Exchange (NYSE) under the ticker symbol ARX [1].The IPO consists of 34,461,152 Class A common shares, with 20,276,280 shares offered by Accelerant and 14,184,872 shares sold by existing shareholders. Certain selling shareholders have granted the underwriters a 30-day option to purchase up to an additional 5,169,172 shares. Morgan Stanley is acting as the lead left active bookrunner for the offering, with Goldman Sachs serving as the lead right active bookrunner. BMO Capital Markets and RBC Capital Markets are also active bookrunners, along with Wells Fargo Securities, Piper Sandler, William Blair, Raymond James, and TD Securities. Citizens Capital Markets and FT Partners serve as co-managers [1].
Accelerant, founded in 2018, operates as a risk exchange connecting underwriters of specialty insurance risk with risk capital providers. The company currently conducts business across 22 countries and offers more than 500 specialty insurance products. The company's strong liquidity is indicated by its current ratio of 8.97, suggesting robust financial health [1].
The acquisition of shares by Hasley Nancy at the IPO price underscores the confidence in Accelerant's financial prospects and growth potential. As the company prepares for its public listing, this acquisition may signal to investors that the management team is committed to the company's success.
References:
[1] https://za.investing.com/news/company-news/accelerant-prices-upsized-ipo-at-21-per-share-set-to-list-on-nyse-93CH-3801844
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