Atlas Announces Pricing of United States Initial Public Offering Tuesday, February 12, 2:39 PM ET
Atlas Financial Holdings (NASDAQ:AFH) today announced the pricing of its IPO of 4,125,000 ordinary shares, of which 1,500,000 shares are being offered by the Company and 2,625,000 shares are being offered by an existing shareholder of the Company, at a price of $5.85 per share. In addition, Atlas has granted the underwriters a 30-day option to purchase up to 618,750 additional ordinary shares at the initial public offering price. The shares are also expected to begin trading on the Nasdaq Capital Market on February 12, 2013 under the symbol "AFH".
Sandler O'Neill and Partners is acting as the book-running manager for the offering. Sterne, Agee & Leach, EarlyBirdCapital and Sidoti & Company are acting as co-managers for the offering in the United States. Canaccord Genuity is acting as lead underwriter in connection with the offering in Canada.
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