Lemonade.jpg

Lemonade lands $ 319 million on IPO


Lemonade, the New York-based home insurance startup, completed its IPO and raised $ 319 million on July 2.

SoftBank-backed Insurtech sold 11 million shares at a price of $ 29 each for a market capitalization of around $ 1.6 billion.

Lemonade began its IPO last week with the expectation of offering 11 million shares of common stock at a price between $ 23 and $ 26 per share.

But the high demand drove that number up and …



Read more

deel dit bericht

Share on facebook
Share on twitter
Share on telegram
Share on whatsapp

Advertisement

NET BINNEN

Advertisement

Recent News