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.
ProSight Global Prices Downsized IPO at $14, Well Below the Range
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.
Source: NASDAQ | Published on July 25, 2019
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