KNSL - Kinsale Capital announces proposed stock offering
- Kinsale Capital ( NYSE: KNSL ) said Thursday it intends to offer 155K shares in an underwritten public offering .
- The firm expects to grant the underwriter a 30-day option to buy up to an additional ~23.3K shares.
- Kinsale ( KNSL ) expects to use net proceeds for general corporate purposes, including to fund organic growth.
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Kinsale Capital announces proposed stock offering