1347 Property Insurance Holdings, Inc. IPO Advisory
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Company |
Symbol |
Price Range |
Issue Price |
Open |
Shares |
Trade Date |
1347 Property Insurance Holdings, Inc. | PIHPP - NASDAQ |
$25.00-$25.00 |
$0.00 |
$0.00 | 0.8 million | 2/26/2018 |
Boenning & Scattergood, Inc. |
Co-Manager(s): American Capital Partners, Joseph Gunnar & Co. |
|
Filing(s): Filed 2018-02-13
|
For IPO Boutique's "scale of 1 to 5" BUY rating on 1347 Property Insurance Holdings, Inc., and our comprehensive analysis, click "Buy Market Research".
About 1347 Property Insurance Holdings, Inc. (adapted from 1347 Property Insurance Holdings, Inc. prospectus):
Offering is 8% Cumulative Perpetual Preferred Stock, Series A. 8.00% of the $25.00 per share liquidation preference per annum (equivalent to $2.00 per annum per share). Dividends on the Preferred Stock shall be payable quarterly on the 15th day of March, June, September and December of each year, commencing on June 15 , 2018.
This description is adapted from prospectus. This description is not intended to be a recommendation to buy stock from this company. To see the company's full description, view their prospectus.
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