3,500,000 Shares FedNat Holding Company Common Stock $0.01 par value per share Underwriting AgreementUnderwriting Agreement • March 12th, 2021 • FedNat Holding Co • Fire, marine & casualty insurance • New York
FedNat Holding Company, a Florida corporation (the “Company”), proposes to issue and sell to Piper Sandler & Co. (the “Underwriter”) an aggregate of 3,500,000 shares of common stock, par value $0.01 per share, of the Company (“Common Stock”) (such shares of Common Stock to be sold by the Company to the Underwriter, the “Firm Shares”), subject to the terms and conditions stated herein. In addition, the Company proposes to sell to the Underwriter, at the election of the Underwriter, up to an aggregate of 525,000 additional shares of Common Stock, subject to the terms and conditions stated herein (the “Optional Shares,” and, together with the Firm Shares, the “Shares”).
