5 Bustleton Avenue, #H5, Philadelphia, PA 5 | Integro Real Estate

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LA JOLLA, Calif., Jan 09, 2020 (GLOBE NEWSWIRE via COMTEX) — Palomar Holdings, Inc. PLMR, -3.94% (“Palomar” or the “Company”) today appear the appraisement of its ahead appear underwritten accessible alms (the “Offering) of 5,000,000 shares of Palomar’s accepted stock, par amount $0.0001 per allotment (the “Common Stock”), which consists of 750,000 shares of Accepted Banal offered by the Aggregation and 4,250,000 shares of Accepted Banal offered by assertive affairs stockholders, including affiliates of Genstar Capital (the “Genstar Affiliates”), at a accessible alms amount of $49.00 per share. In addition, the underwriters accept been accepted a 30-day advantage to acquirement up to 750,000 added shares of accepted banal from the Genstar Affiliates at the accessible alms price, beneath underwriting discounts and commissions. The Aggregation intends to use the net gain that it will accept from the alms for accepted accumulated purposes, including to armamentarium approaching growth. The Aggregation will not accept any gain from the auction of the shares by the affairs stockholders.

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Barclays Capital Inc., J.P. Morgan and Keefe, Bruyette & Woods, Inc. acted as collective advance book-running managers for the Offering. Evercore Group L.L.C., William Blair & Company, L.L.C., Piper Sandler & Co. and SunTrust Robinson Humphrey, Inc. additionally acted as collective book-running managers for the Offering. JMP Balance LLC acted as co-manager for the Offering.

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A allotment account apropos to the Alms was declared able by the Balance and Exchange Commission (the “SEC”) on January 9, 2020. The Alms is actuality fabricated alone by agency of a prospectus, copies of which may be acquired from: Barclays Capital Inc., c/o Broadridge Banking Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, telephone: (888) 603-5847 or email: [email protected]; J.P. Morgan Balance LLC, c/o Broadridge Banking Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, by blast at 866-803-9204 or by email at [email protected]; or Keefe, Bruyette & Woods, Inc., 787 Seventh Ave., 4th Floor, New York, New York 10019, Attention: Equity Capital Markets, or by calling (800) 966-1559, or by emailing [email protected]

This columnist absolution shall not aggregate an action to advertise or the address of an action to buy these securities, nor shall there be any auction of these balance in any accompaniment or administration in which such offer, address or auction would be actionable above-mentioned to allotment or accomplishment beneath the balance laws of any such accompaniment or jurisdiction.

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About Palomar Holdings, Inc.

Palomar Holdings, Inc. is the ultimate ancestor and allowance captivation aggregation of its operating subsidiaries, Palomar Specialty Allowance Aggregation and Palomar Specialty Reinsurance Aggregation Bermuda Ltd. Palomar is an avant-garde insurer that focuses on the accouterment of specialty acreage allowance for residential and bartering clients. Palomar’s underwriting and analytic accuracy acquiesce it to apply on assertive markets that it believes are underserved by added allowance companies, such as the markets for earthquake, wind and flood insurance. Based in La Jolla, California, the aggregation is an accepted carrier in 27 states. Palomar Specialty Allowance Aggregation has an A.M. Best banking backbone appraisement of “A-” (Excellent).

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Forward-Looking Statements

This columnist absolution contains advanced statements aural the acceptation of the “safe harbor” accoutrement of the Private Balance Litigation Reform Act of 1995. These statements are accountable to risks and uncertainties. All statements added than statements of absolute actuality or apropos to present facts or accepted altitude included in this columnist absolution are advanced statements, including statements apropos the offering. Advanced statements accord our accepted expectations and projections apropos to our banking condition, after-effects of operations, plans, objectives, approaching achievement and business. You can analyze advanced statements by the actuality that they do not chronicle carefully to absolute or accepted facts. These statements may accommodate words such as “anticipate,” “estimate,” “expect,” “project,” “seek,” “plan,” “intend,” “believe,” “will,” “may,” “could,” “continue,” “likely,” “should,” and added words.

The advanced statements independent in this columnist absolution are based on our accepted expectations and assumptions apropos our business, the economy, and added approaching conditions. Because advanced statements chronicle to the future, by their nature, they are accountable to inherent uncertainties, risks, and changes in affairs that are difficult to predict. Our absolute after-effects may alter materially from those advised by the advanced statements as a aftereffect of several factors including bazaar risks and uncertainties and the achievement of accepted closing altitude for an alms of securities, and added factors discussed in greater detail in the Company’s filings with the SEC. Any advanced account fabricated by us in this columnist absolution speaks alone as of the date on which we accomplish it. Factors or contest that could account our absolute after-effects to alter may appear from time to time, and it is not accessible for us to adumbrate all of them. We undertake no obligation to about amend or alter any advanced statement, whether as a aftereffect of new information, approaching developments or otherwise, except as may be appropriate by law. Comparisons of after-effects for accepted and any above-mentioned periods are not advised to accurate any approaching trends or break of approaching performance, unless accurately bidding as such, and should be beheld as absolute data.

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Investor Relations

1-619-771-1743

[email protected]

Source: Palomar Holdings, Inc.

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