Twfg insurance announces pricing of its initial public offering

The woodlands, texas , july 17, 2024 /prnewswire/ -- twfg, inc. ("twfg") today announced the pricing of its initial public offering of 11,000,000 shares of its class a common stock at a price to the public of $17.00 per share, before underwriting discounts and commissions, for gross proceeds of $187.0 million. additionally, twfg has granted the underwriters a 30-day option to purchase up to an additional 1,650,000 shares of its class a common stock at the initial public offering price, less underwriting discounts and commissions.
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