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buying property abroad
News and Information Article
DERIDDER, La., Nov. 21 /-FirstCall/ -- AMERISAFE, Inc.
(Nasdaq: AMSF) today announced the completion of a secondary offering of
9,071,576 shares of common stock at a price of $11.75 per share, including
1,183,250 shares sold pursuant to the over-allotment option granted to the
underwriters by certain of the selling stockholders. AMERISAFE did not sell
any shares in, and will not receive any of the proceeds from, this
secondary offering.
Friedman Billings Ramsey & Co., Inc. acted as the sole book-running
manager, and William Blair & Company, LLC, SunTrust Robinson Humphrey and
Cochran Caronia Waller acted as co-managers in the offering.
This press release does not and shall not constitute an offer to sell
or the solicitation of an offer to buy nor shall there be any sale of such
common stock in any state in which such offer, solicitation or sale would
be unlawful prior to registration or qualification under the securities
laws of any such state. A copy of the prospectus related to this offering
may be obtained from Friedman Billings Ramsey & Co., Inc., 1001 19th Street
North, Arlington, Virginia, 22209.
AMERISAFE, Inc. is a specialty provider of workers compensation
insurance focused on small to mid-sized employers engaged in hazardous
industries, principally construction, trucking, logging, agriculture, oil
and gas, maritime and sawmills. AMERISAFE currently markets workers
compensation insurance in 26 states and the District of Columbia.
Contacts: Geoff Banta, EVP & CFO
AMERISAFE, Inc.
337-463-9052
Ken Dennard, Managing Partner
Karen Roan, Sr. VP
DRG&E / 713-529-6600
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s.pageName="AMERISAFE Announces Completion of Secondary Offering; Over-Allotment Option Exercised in Full"
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s.prop3="11-21-2006"
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