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Recent Updates — OIG

September 21, 2026View Source ↗

Orion180 Insurance Group Inc. completed its initial public offering on September 21, 2026, selling 20,000,000 shares of Class A common stock at $12.00 per share, generating $240.0 million in gross proceeds before underwriting discounts. The company simultaneously filed an Amended and Restated Certificate of Formation and Bylaws effective the same date, authorizing 400,000,000 shares of Class A common stock, 100,000,000 shares of Class B common stock, and 50,000,000 shares of undesignated preferred stock. Five directors—Kevin Bollinger, Samir Deshpande, Robert V. Deutsch, Lawrence E. McAlee, and Kernan Oberting—were elected to the board on September 17, 2026, with committee assignments established for Audit, Compensation, and Nominating functions. The company also entered into Registration Rights, Exchange, and Indemnification Agreements in connection with the offering. Orion180 Insurance Group Inc. operates in the insurance industry.