Orion180 Insurance IPO priced below expectations for Friday trading
Orion180 said it priced its IPO at $12 per share, selling 20 million shares, below its expected range; shares are set to begin trading Friday.
Shares of Orion180 Insurance Group are set to start trading Friday after the homeowners insurance provider priced its initial public offering well below expectations. Late Thursday, Orion180 said it is selling 20 million shares at $12 apiece, versus an expected price range of …