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London-listed Ondo InsurTech Launches Retail Offering of New Shares

MT Newswires·12/04/2025 05:53:34
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05:53 AM EST, 12/04/2025 (MT Newswires) -- Ondo InsurTech (ONDO.L) said Thursday it is targeting 200,000 pounds sterling from the sale of up to 800,000 new shares via the Winterflood Retail Access Platform. The London-listed claims prevention technology company's retail offering will close Dec. 8 and the proceeds, together with a 2.3 million-pound share placing and subscription, will be used for its US expansion plans. The new retail offer shares will be admitted to the London exchange Dec. 11.