Orion180 sets $12 IPO price ahead of Nasdaq listing

Orion180 Insurance Group Inc., a Melbourne, Fla.-based provider of homeowners and flood insurance, said in a press release that it has set the price of its initial public offering at $12.00 per share for 20,000,000 Class A common shares.

The stock is scheduled to start trading on the Nasdaq Global Select Market on Sept. 18, 2026, under the symbol NASDAQ: OIG. The offering is anticipated to close on Sept. 21, 2026, assuming customary closing conditions are met.

Orion180 also gave the underwriters a 30-day option to buy as many as 3,000,000 additional Class A common shares at the offering price, minus underwriting discounts and commissions.

RBC Capital Markets, UBS Investment Bank and Raymond James are acting as lead book-running managers. Goldman Sachs & Co. LLC, Deutsche Bank Securities, Citizens Capital Markets and Texas Capital Securities are book-running managers.

Founded in 2018 and based in Melbourne, Fla., Orion180 says it is the second-largest excess and surplus lines homeowners insurance provider in the United States by direct written premiums, operating across 14 states. As of June 30, 2026, it distributes products through more than 14,000 active independent agents.