U.S. home insurance provider Slide Insurance Holdings applies for a U.S. stock IPO aiming to raise up to $300 million
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Slide Insurance Holdings has officially submitted its initial public offering (IPO) application to the U.S. Securities and Exchange Commission, expecting to raise up to $300 million. The company focuses on providing homeowners insurance services to residents and commercial properties in Florida and South Carolina, controlling various aspects of the insurance value chain. Since its establishment in 2021, Slide Insurance has grown rapidly, with projected sales reaching $929 million by 2025, and plans to list on NASDAQ
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