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home / news releases / TIPT - Tiptree: Pulled Fortegra IPO Is A Disappointment But Value Is Still Highlighted

TIPT - Tiptree: Pulled Fortegra IPO Is A Disappointment But Value Is Still Highlighted

Tiptree Inc.
  • After days of hearing the IPO for Fortegra was oversubscribed, the IPO is not happening. It seems the underwriters did a horrible job on this deal.
  • No public market value for Fortegra removes a catalyst in the short term but the value embedded in TIPT has been highlighted.
  • There is a potential solution for realizing the value without going through the Fortegra IPO process.

For further details see:

Tiptree: Pulled Fortegra IPO Is A Disappointment But Value Is Still Highlighted
Stock Information
Company Name: Tiptree Inc.
Stock Symbol: TIPT
Market: NASDAQ
Website: tiptreeinc.com
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