Slide Insurance IPO: Stock price will be closely watched today as insurtech firm debuts on the Nasdaq

Slide Insurance Holdings is set to debut on the Nasdaq today. The residential insurance company out of Florida will make its initial public offering for $17 per share. Here’s everything you need to know about Slide’s IPO. What is Slide? Slide is a “technology-enabled” insurance company for homeowners. Bruce and Shannon Lucas launched Slide in 2022 with coverage options for home, condo, and commercial residential owners. The coastal company has over 5,000 agents across Florida and South Carolina. When is Slide’s IPO? Slide announced its share price on Tuesday and should list its stock today, Wednesday, June 18. The offer is expected to close two days later, on Friday, June 20. What is Slide’s stock ticker? Slide’s slock will have the ticker SLDE. Which exchange will Slide’s shares trade on? Slide will trade its shares on the Nasdaq Global Select Market. What is the IPO share price of Slide? Slide’s IPO price is $17 per share. That’s at the higher end of an estimated target range it announced earlier this month. How many Slide shares are available in its IPO? There will be 24 million shares of SLDE released as part of the IPO. Slide is providing 16,666,667 of these shares, while stockholders are selling the remaining 7,333,333 shares. These selling stockholders are also granting underwriters 30 days to purchase another 3.6 million shares. How much will Slide raise in its IPO? Slide should receive $283 million in its IPO. Is Slide profitable? According to a filing with the Securities and Exchange Commission (SEC), Slide’s total revenue for 2024 increased to $846.8 million, from $468.5 million in 2023. It continues to grow, reporting $281.5 million in revenue for the first quarter of 2025, compared to $199.1 million for the same period in the year prior. The company reported net income of $201 million last year, up from $87 million in 2023. What else is there to know? Despite the current economic turmoil, many companies are still proceeding with IPOs—and finding success. Fintech companies Chime Financial and Circle Internet Group had positive results after debuting this month on the Nasdaq and the New York Stock Exchange, respectively. Each saw their stock shoot up to well above their IPO price, a positive sign for upcoming offerings like Slide.

Jun 18, 2025 - 14:30

Slide Insurance IPO: Stock price will be closely watched today as insurtech firm debuts on the Nasdaq

Slide Insurance Holdings is set to debut on the Nasdaq today. The residential insurance company out of Florida will make its initial public offering for $17 per share. Here’s everything you need to know about Slide’s IPO.

What is Slide?

Slide is a “technology-enabled” insurance company for homeowners. Bruce and Shannon Lucas launched Slide in 2022 with coverage options for home, condo, and commercial residential owners. The coastal company has over 5,000 agents across Florida and South Carolina.

When is Slide’s IPO?

Slide announced its share price on Tuesday and should list its stock today, Wednesday, June 18. The offer is expected to close two days later, on Friday, June 20.

What is Slide’s stock ticker?

Slide’s slock will have the ticker SLDE.

Which exchange will Slide’s shares trade on?

Slide will trade its shares on the Nasdaq Global Select Market.

What is the IPO share price of Slide?

Slide’s IPO price is $17 per share. That’s at the higher end of an estimated target range it announced earlier this month.

How many Slide shares are available in its IPO?

There will be 24 million shares of SLDE released as part of the IPO. Slide is providing 16,666,667 of these shares, while stockholders are selling the remaining 7,333,333 shares. These selling stockholders are also granting underwriters 30 days to purchase another 3.6 million shares.

How much will Slide raise in its IPO?

Slide should receive $283 million in its IPO.

Is Slide profitable?

According to a filing with the Securities and Exchange Commission (SEC), Slide’s total revenue for 2024 increased to $846.8 million, from $468.5 million in 2023. It continues to grow, reporting $281.5 million in revenue for the first quarter of 2025, compared to $199.1 million for the same period in the year prior.

The company reported net income of $201 million last year, up from $87 million in 2023.

What else is there to know?

Despite the current economic turmoil, many companies are still proceeding with IPOs—and finding success. Fintech companies Chime Financial and Circle Internet Group had positive results after debuting this month on the Nasdaq and the New York Stock Exchange, respectively. Each saw their stock shoot up to well above their IPO price, a positive sign for upcoming offerings like Slide.