Goldman Sachs reiterates Buy on Xiaomi stock as 17 Pro Max drives sales
Life insurance technology company Ethos filed a registration statement with the U.S. Securities and Exchange Commission for a proposed initial public offering of its Class A common stock, the Austin-based company announced.
The company plans to list its shares on the Nasdaq Global Select Market under the ticker symbol "LIFE." The number of shares to be offered and the price range have not been determined.
Goldman Sachs & Co. LLC and J.P. Morgan are serving as lead book-running managers for the offering. BofA Securities, Barclays, Citigroup, and Deutsche Bank Securities are acting as additional book-running managers, while Citizens Capital Markets, William Blair, and Baird will serve as co-managers.
The registration statement has been filed but has not yet become effective. Securities cannot be sold until the registration statement becomes effective.
According to the company, Ethos operates a technology platform that serves consumers, agents, and insurance carriers. The company offers life insurance products through an online process that does not require medical exams and involves minimal health questions.
The announcement was made through a press release statement from the company.