Best Insurance stock - Health Insurance Innovations ipo stock prices : Health Insurance Innovations Inc. said it expects to enhance upward to $72.9 meg inwards an initial world offering. The companionship plans to sell nigh 5.4 meg shares, at betwixt $14 too $16 a share, according to its most recent filing amongst the U.S. of A. Securities too Exchange Commission. The shares include 700,000 that underwriters would convey an selection to buy to comprehend over-allotments.
The theatre would occupation $3.5 meg of the cyberspace proceeds to repay outstanding debt nether a term loan too upward to $25 meg to expand its committee structure, amongst the balance used for full general corporate purposes.
Health Insurance, a Tampa companionship that develops too administers affordable, Web-based wellness insurance plans too ancillary products, filed for an IPO inwards belatedly December.
The companionship has applied to listing its common stock on the NASDAQ Global Market nether the symbol “HIIQ.” An expected sale appointment for the shares was non announced.
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