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FedNat Holding Company (FNHC) has priced public offering of 3.5M shares at $4.75 per share, for gross proceeds of $16.625M.Underwriters' discount and other estimated offering expenses payable by the Company, will be approximately $15.2 million.Underwriters' over-allotment is an additional 525K common shares. Estimated net proceeds of ~$15.2M will be used for general corporate purposes.Offering is expected to close on March 15.