Brief: HCI Group Provides Update On Initial Public Offering Of Typtap Insurance Group

HCI

12/01/2022 22:25

Jan 12 (Reuters) - Hci Group Inc  HCI.N :
    * HCI GROUP PROVIDES UPDATE ON INITIAL PUBLIC OFFERING OF
TYPTAP
INSURANCE GROUP
    * HCI - IN LIGHT OF RECENT MARKET CONDITIONS, CO'S BOARD
DETERMINED CURRENT MARKET PRICING FOR PLANNED OFFERING DOES NOT
ACCURATELY REFLECT TYPTAP'S VALUE
    * HCI - WILL CONTINUE TO MONITOR MARKET CONDITIONS OVER NEXT
SEVERAL QUARTERS & WILL MOVE FORWARD WITH A TYPTAP IPO WHEN/IF
CONDITIONS ARE APPROPRIATE

Source text for Eikon:  ID:nGNX30jPr3 
Further company coverage:  HCI.N 

 ((Reuters.Briefs@thomsonreuters.com;))