Latham & Watkins Advises on Skyward Specialty Insurance Group, Inc.’s Secondary Offering of Common Stock

Skyward Specialty Insurance Group, Inc. (NASDAQ: SKWD), a leader in the specialty property and casualty market, closed on June 12, 2023 its underwritten offering of 3,850,000 of its common stock by The Westaim Corporation at the price of US$23.00 per share. The underwriters exercised in full their option to purchase an additional 577,500 shares from the selling stockholders, priced at US$23.00 per share, less underwriting discounts and commissions.

Latham & Watkins LLP represented the underwriters in the offering with a capital markets team led by New York partners Marc Jaffe and Erika Weinberg, with associates Adam Johnson, Isabelle Sawhney, Jie Lin Nai, and Ilan Lavian. Advice was also provided on tax matters by Century City/Orange County partner Sam Weiner, with associate Ryan Brenner.