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Reading: Latham & Watkins Advises on Skyward Specialty’s Upsized Follow-On Offering
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Home » Blog » Latham & Watkins Advises on Skyward Specialty’s Upsized Follow-On Offering
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Latham & Watkins Advises on Skyward Specialty’s Upsized Follow-On Offering

By Legal Desire 1 Min Read
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Skyward Specialty Insurance Group Inc.TM (NASDAQ: SKWD) (Skyward Specialty or the Company) has announced the pricing of its upsized follow-on offering of 5,000,000 shares of its common stock, with 2,150,000 shares being offered by Skyward Specialty and an upsized 2,850,000 shares being sold by Skyward Specialty’s existing stockholder, The Westaim Corporation (Westaim) at US$30.50 per share. The underwriters exercised in full their option to purchase an additional 750.000 shares from Westaim, priced at US$30.50 per share.

Latham & Watkins LLP represents the underwriters in the offering with a capital markets deal team led by New York partners Marc Jaffe and Erika Weinberg, with associates Jie Lin Nai and Rachel Moore. Advice was also provided on tax matters by Century City partner Sam Weiner, with associate Ryan Brenner.

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Legal Desire November 23, 2023
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