HCI GROUP ANNOUNCED PRICING OF SECONDARY OFFERING

7 December 2023

On December 6th, 2023, HCI Group Inc. (NYSE: HCI), a holding company with operations in homeowners insurance, information technology services, real estate, and reinsurance, announced the pricing of a public secondary offering of 1 million of its common stock at an offering price of USD $78 per share.

All of the shares in the offering are being sold by HCI Group.

In addition, HCI Group has granted the underwriters a 30-day option to purchase up to 150,000 additional shares of its common stock at the public offering price, less the underwriting discounts and commissions.

The offering is expected to close on December 11, 2023, subject to the satisfaction of customary closing conditions.

HCI Group Announces Pricing of Underwritten Public Offering of Common Stock


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