Slide Insurance Holdings, Inc. Announces Closing of the Full Exercise of Greenshoe Option Granted in the Initial Public Offering

Company Overview - Slide Insurance Holdings, Inc. is a technology-enabled insurance company focused on helping homeowners select appropriate coverage tailored to their needs and budgets [5] - The company utilizes artificial intelligence and big data to enhance and streamline the insurance process [5] IPO Details - Slide announced that underwriters fully exercised their option to purchase an additional 3,600,000 shares of common stock, resulting in gross proceeds of approximately $469.2 million from the initial public offering [1] - The additional shares were purchased from certain selling stockholders, and Slide will not receive any proceeds from this sale [1] - Barclays and Morgan Stanley served as joint book-running managers for the offering, with Citizens Capital Markets, Keefe, Bruyette & Woods, and Piper Sandler acting as co-managers [2] Regulatory Information - A registration statement on Form S-1 for the offering was filed with the Securities and Exchange Commission and declared effective on June 17, 2025 [3] - The offering is conducted solely through a prospectus, which can be accessed for free on the SEC's website or obtained from the managing underwriters [3]