Company Overview - Exzeo Group, Inc. is a leading innovator in technology solutions specifically designed for property and casualty (P&C) insurance carriers, with a strong emphasis on the homeowners insurance market [5] - The company offers an "Insurance-as-a-Service" platform that provides a comprehensive suite of digital tools and services, enhancing operations from quoting and underwriting to policy administration, claims handling, data analytics, and financial reporting [5] Initial Public Offering (IPO) Details - Exzeo Group announced the pricing of its initial public offering of 8,000,000 shares at a public offering price of $21.00 per share [1] - The underwriters have been granted a 30-day option to purchase up to an additional 1,200,000 common shares at the IPO price [1] - The shares are expected to begin trading on the New York Stock Exchange under the symbol "XZO" on November 5, 2025, with the offering expected to close on November 6, 2025 [1][4] Underwriters and Management - Truist Securities is acting as the lead left bookrunner for the offering, with Citizens Capital Markets and William Blair serving as joint active book-running managers, and Fifth Third Securities as a co-manager [2]
Exzeo Group, Inc. Announces Pricing of Initial Public Offering