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Exzeo Group (NYSE:XZO) announced the closing of its initial public offering of 8,000,000 common shares at a public offering price of $21.00 per share. All offered shares were sold by Exzeo and trading on the New York Stock Exchange began on November 5, 2025 under the symbol XZO.
The company granted the underwriters a 30-day option to purchase up to an additional 1,200,000 common shares at the IPO price, less underwriting discounts and commissions. Truist Securities acted as lead left bookrunner; Citizens Capital Markets, William Blair, and Fifth Third Securities also participated.
Exzeo Group (NYSE:XZO) priced its initial public offering of 8,000,000 common shares at $21.00 per share, implying gross proceeds of approximately $168,000,000. The company granted the underwriters a 30-day option to purchase up to an additional 1,200,000 shares at the IPO price (15% of the base offering).
Shares are expected to begin trading on the New York Stock Exchange on November 5, 2025 under the ticker XZO, and the offering is expected to close on November 6, 2025, subject to customary closing conditions. Truist Securities is lead left bookrunner; Citizens Capital Markets, William Blair, and Fifth Third Securities are syndicate managers.
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