Enact Holdings has applied to raise US$259 million in an ini...

efficentupup wrote a post · Sep 17, 2021 16:03

Enact Holdings has applied to raise US$259 million in an initial public offering.

Estimated IPO pricing date: September 15, 2021 Eastern Time; Stock code: ACT.

The company provides mortgage insurance products for residential mortgage loans in the United States.

ACT grew significantly during the pandemic, leading to a surge in refinancing activities, but its IPO did not look so attractive. $Enact Holdings (ACT.US)$