• Neptune Insurance Holdings launched follow-on public offering of 8,355,615 shares of Class A common stock sold by certain selling securityholders, with underwriters holding 30-day option for up to 1,253,342 additional shares.
• Concurrent repurchase planned for 835,561 Class A shares from underwriters at same per-share price paid to selling securityholders, with repurchased shares to be retired.
• Repurchase conditioned on completion of offering, subject to customary closing conditions.
• Morgan Stanley leading bookrunner; J.P. Morgan, Goldman Sachs acting as active bookrunners.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Neptune Insurance Holdings Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202605111646BIZWIRE_USPR_____20260511_BW334747) on May 11, 2026, and is solely responsible for the information contained therein.