TRUP

Trupanion prices IPO at $10, well below the range

A generic image of multiple stacks of coins Credit: Shutterstock photo

Trupanion, which provides medical insurance covering cats and dogs in North America, raised $71 million by offering 7.1 million shares at $10, well below its $13 to $15 range. Trupanion will on the NYSE under the symbol TRUP. RBC Capital Markets, Barclays and Stifel acted as joint bookrunners on the deal.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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