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Tags Asset disposition
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POSITIVE PHYSICIANS HOLDINGS,INC. (PPHI)
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Create: Alert |
All | News | Filings
Date Filed | Type | Description |
04/11/2019 |
8-K
| Asset disposition
Docs:
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"Positive Physicians completes conversion to stock company Insurance Capital Group leads investment in conjunction with IPO BERWYN, PA, April 11, 2019 - Positive Physicians Insurance Exchange , Physicians' Insurance Program Exchange and Professional Casualty Association have completed their conversions from reciprocal insurance exchanges to stock insurance companies and have combined into one insurer called Positive Physicians Insurance Company . As part of the completion of these conversions, Positive Physician Holdings, Inc. completed a sale of 3,615,500 shares of its common stock at $10.00 per share in a stock offering to policyholders, directors, officers and employees of PPIX, PIPE and PCA and its affiliates, a strategic investor, and Insurance Capital Group, LLC , which served as the ..." |
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