Key Developments: Federated National Holding Co (FNHC.O)

FNHC.O on Consolidated Issue listed on NASDAQ Global Market

25.65USD
22 May 2015
Change (% chg)

$-0.05 (-0.19%)
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$25.70
Open
$25.69
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$26.03
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$25.25
Volume
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$37.04
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Latest Key Developments (Source: Significant Developments)

Federated National Holding Co closes offering of common stock
Monday, 25 Nov 2013 03:15pm EST 

Federated National Holding Co:Says the closing of its public offering of 2,781,395 shares of its common stock.Says the offering generates net proceeds to the company of $28.1 mln, after deducting the underwriter's discount but before offering expenses.Says it will use the net proceeds from the sale of the common stock for general working capital purposes, including as statutory capital in support of the company's growth.Says Raymond James & Associates, Inc. served as book-running manager and Janney Montgomery Scott LLC acted as co-manager.  Full Article

Federated National Holding Co Announces Pricing of $26 Million Offering of Common Stock
Wednesday, 20 Nov 2013 08:31am EST 

Federated National Holding Co announced that it has priced an underwritten public offering of 2,418,605 shares of its common stock at a price to the public of $10.75 per share for gross proceeds of $26.0 million. The net proceeds from the sale of the shares, after deducting the underwriters' discounts and other estimated offering expenses payable by the Company, will be approximately $24.2 million. The Company has also granted the underwriters a 30-day option to purchase up to an additional 362,790 shares of common stock offered in the public offering to cover overallotments, if any. The Company will use the net proceeds from the sale of the common stock for general working capital purposes, including as statutory capital in support of the Company's growth. The closing of the offering is subject to market and other conditions. The offering is expected to close on November 25, 2013. Raymond James & Associates, Inc. is serving as book-running manager and Janney Montgomery Scott LLC is acting as co-manager.  Full Article

Federated National Holding Co Declares Regular Quarterly Dividend
Thursday, 12 Sep 2013 09:01am EDT 

Federated National Holding Co announced that the Board has declared a regular quarterly dividend of $0.03 per common share payable on December 2, 2013 to shareholders of record as of November 4, 2013 at its regular meeting.  Full Article

Federated National Holding Co Declares Regular Quarterly Dividend
Thursday, 6 Jun 2013 10:00am EDT 

Federated National Holding Co announced that it declared a regular quarterly dividend of $0.03 per common share payable on September 3, 2013 to shareholders of record as of August 5, 2013 at its regular meeting.  Full Article

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