IPO Pipeline Update: Skyward Sets Terms, Large Deal Looms for End of January

NEW FILINGS
Company: Kenvue Inc.
Symbol: KVUE (NYSE)
Description: They are the world’s largest pure-play consumer health company by revenue with $15.1 billion in net sales in 2021.
Shares: TBD
Price Range: TBD
Trade Date: TBD
Underwriters: Goldman Sachs, J.P. Morgan
Link to Prospectus: Filed 1-4-23

TERMS ADDED

Company: Skyward Specialty Insurance Group, Inc.
Symbol: SKWD (Nasdaq)
Description: They are a growing specialty insurance company delivering commercial property and casualty (“P&C”) products and solutions on a non-admitted (or excess and surplus (“E&S”)) and admitted basis, predominantly in the United States.
Shares: 8.5 million
Price Range: $14.00-$16.00
Market Cap: $530m-$600m
Trade Date: Friday, 1/13
Underwriters: Barclays, Keefe Bruyette & Woods, Piper Sandler, JMP Securities, Truist Securities, Raymond James
Co-Manager(s): Academy Securities, Siebert Williams Shank
Link to Prospectus: Terms Added: 1-4-23