Orion180 IPO prices at $15 to $17, targeting $320 million on Nasdaq
As seen on the 24/7 Wall St. homepage on September 9, 2026.
Amendment sets $15-$17 range for a ~$320 million Nasdaq IPO
Orion180 now has a price on it: $15 to $17 for 20 million shares, roughly $320 million, putting a Nasdaq debut within days. Seven banks including Goldman Sachs, UBS and RBC are on the cover, an unusually deep syndicate for a homeowners insurer this size.
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Orion180 Insurance Group has filed an amended prospectus setting a price range of $15 to $17 per share for its planned Nasdaq debut. At 20 million shares, the midpoint of that range would value the offering at roughly $320 million, putting a final price and first trade within days.
The banking syndicate assembled around the deal is notably deep. Seven underwriters are on the cover, with Goldman Sachs, UBS, and RBC among them. That kind of institutional firepower is unusual for a homeowners insurer of this scale and signals that the banks see meaningful demand to place.
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For investors, the underwriter lineup is a useful signal. Large, reputable book-runners have reputational skin in the game: they tend to avoid pricing deals they cannot fully place, and they can draw in a wider base of institutional buyers during the roadshow. A broad syndicate also typically means more active aftermarket support once trading begins.
The amended filing is the last major regulatory step before pricing. Once the SEC declares the registration effective and the company and its bankers agree on a final price within the stated range, shares can begin trading. Investors watching the homeowners insurance space should note that the window is now open.