TAMPA, Fla., June 25, 2025 (GLOBE NEWSWIRE) -- Slide Insurance Holdings, Inc. (“Slide”) (Nasdaq: SLDE) today announced that, in connection with its previously completed initial public offering of its common stock, the underwriters have fully exercised their option to purchase an additional 3,600,000 shares of common stock from certain selling stockholders of Slide. The purchase of the additional shares closed on June 25, 2025, bringing the gross proceeds from the initial public offering to Slide and the selling stockholders to approximately $469.2 million. Slide will not receive any proceeds from the sale by such selling stockholders of the additional shares.

A handful of IPOs and blank checks priced in the short holiday week, led by two sizable issuers. Two smaller IPOs also priced this past week. One IPO is currently scheduled to list in the week ahead, although some small names may also join the calendar throughout the week.

Slide Insurance offers strong growth and margins, but its short operating history and Florida concentration raise caution. Valuation appears reasonable, with high earnings growth and a P/E in the high teens, yet key risks remain. The business model relies heavily on technology and Florida's underserved insurance market, but faces weather and regulatory risks.

Slide Insurance Holdings is set to debut on the Nasdaq today. The residential insurance company out of Florida will make its initial public offering for $17 per share.

TAMPA, Fla., June 17, 2025 (GLOBE NEWSWIRE) -- Slide Insurance Holdings, Inc. (“Slide”) announced today the pricing of its upsized initial public offering of 24,000,000 shares of its common stock, par value per share $0.01 (the “common stock”) at a public offering price of $17.00 per share. Slide is offering 16,666,667 shares and certain selling stockholders are offering 7,333,333 shares of common stock in the offering. In connection with the offering, the selling stockholders have granted the underwriters a 30-day option to purchase up to an additional 3,600,000 shares of common stock at the public offering price, less underwriting discounts and commissions. Slide will not receive any proceeds from the sale of the shares by the selling stockholders. The shares of common stock are expected to begin trading on the Nasdaq Global Select Market on June 18, 2025 under the symbol “SLDE”.

TAMPA, Fla.--(BUSINESS WIRE)--Slide Insurance Holdings, Inc. (“Slide”) announced today the launch of its initial public offering of 20,000,000 shares of its common stock, par value per share $0.01 (the “common stock”). Slide is offering 16,666,667 shares and certain selling stockholders are offering 3,333,333 shares of common stock in the proposed offering. In connection with the offering, the selling stockholders expect to grant the underwriters a 30-day option to purchase up to an additional.

Slide Insurance is growing rapidly and profitably, targeting underserved coastal property insurance markets, mainly in Florida, with plans for Atlantic coast expansion. Financial results show strong revenue growth, rising margins, and robust free cash flow. Key risks include heavy geographic concentration in Florida, reliance on inorganic growth, and natural catastrophe exposure.