Westaim Corp (TSE:WED) has released an update.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Westaim Corporation has announced the pricing of a secondary public offering for Skyward Specialty Insurance Group, involving the sale of 4.4 million shares at $36.50 each by its subsidiary. An additional 660,000 shares may be sold under an underwriter’s option. The offering, managed by several prominent financial institutions, will not benefit Skyward Specialty directly but will instead provide net proceeds to the selling stockholder.
For further insights into TSE:WED stock, check out TipRanks’ Stock Analysis page.