Latham & Watkins Advises on Bowhead Specialty Holdings Inc.’s Secondary Offering of Common Stock

Bowhead Specialty Holdings Inc. (NYSE: BOW) has announced the pricing of an underwritten secondary public offering of 4,000,000 shares of its common stock by certain of its stockholders (the Selling Stockholders) at a price to the public of US$29 per common share. In connection with the offering, certain of the Selling Stockholders have granted the underwriters a 30-day option to purchase up to an additional 600,000 shares of the Company’s common stock. The Company is not selling any shares of its common stock in the offering and will not receive any of the proceeds from the sale. The offering is expected to close on October 25, 2024, subject to customary closing conditions.

Latham & Watkins LLP represents the underwriters in the offering with a capital markets team led by partners Marc Jaffe and Erika Weinberg, with associates Kaj Nielsen, Jie Lin Nai, and Emma Fichtel. Advice was provided on insurance matters by partners Gary Boss and Analisa Dillingham and counsel Alexander Traum; and on tax matters by partner Jiyeon Lee-Lim, with associate Nicholas Sun.