Tech
Insurance tech company Slide aims to raise $340 million in US IPO
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Insurance tech company Slide is aiming for a valuation of $2.12 billion in its Nasdaq IPO, the company revealed in a filing on Monday.
Slide, along with some existing stakeholders, is looking to raise $340 million in the IPO, joining a lineup of impressive stock market debuts by insurance companies in recent weeks.
Barclays and Morgan Stanely are the lead underwriters on the listing.
The company’s shares are expected to start trading on the Nasdaq under the symbol “SLDE”.
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