UPDATE 1-Insurance marketplace Accelerant, backers raise $724 million in US IPO

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Carlsmed, Inc. CARL	12.60	0.00%
NIQ Global Intelligence NIQ	15.84	+2.33%
Accelerant Holdings ARX	15.75	+2.61%
Dow Jones Industrial Average DJI	47885.97	-0.47%
S&P 500 index SPX	6721.43	-1.16%

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July 23 (Reuters) - Accelerant ARX.N and some of its existing shareholders raised $723.69 million in an initial public offering in the United States, the specialty insurance marketplace said on Wednesday.

The company, together with backers including Todd Boehly's Eldridge, Altamont Capital and Barings, sold 34.46 million shares at $21 each, after earlier targeting a sale of 28.9 million shares in a price range of $18 to $20.

A string of strong U.S. market debuts in recent weeks, coupled with rebounding equities, has encouraged many companies to press ahead with their stock market listings.

Consumer intelligence company NIQ Global NIQ.N and surgery medtech firm Carlsmed CARL.O went public in New York on Wednesday, while textbook publisher McGraw Hill is set to debut on Thursday alongside Accelerant.

(Reporting by Arasu Kannagi Basil and Abu Sultan in Bengaluru; Editing by Sumana Nandy)

((ArasuKannagi.Basil@thomsonreuters.com;))

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