Ethos Technologies prices US IPO at $19/share, Bloomberg News reports

101 finance2026/01/29 02:09

By:101 finance

Jan 28 (Reuters) - Insurance platform Ethos Technologies priced its U.S. initial public offering at $19 per ‌share, Bloomberg News reported on Wednesday, ‌citing a person familiar with the matter.

Reuters could not immediately verify the report. Ethos did not ⁠immediately respond to ‌a request for comment.

The life-insurance technology firm and ‍some of its investors aim to raise up to $210.5 million by selling 10.5 million shares in an ‌offering priced between $18 and $20 apiece.

Ethos said its platform and underwriting engine transform the buying, selling, and risk management of life insurance, ⁠helping customers secure coverage in minutes rather than months.

The company's shares are expected to start trading on ‍the ⁠Nasdaq under the ticker symbol "LIFE" on Thursday.

(Reporting by Bipasha Dey ⁠and Manya Saini in Bengaluru; Editing ‌by Subhranshu Sahu, Alan Barona ‌and Rashmi Aich)

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Ethos Technologies prices US IPO at $19/share, Bloomberg News reports

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