United Insurance Holdings Announces Name And Ticker Change To American Coastal Insurance Corporation; Begins Trading On Nasdaq Under 'ACIC' Prior To Market Open August 15
Portfolio Pulse from Benzinga Newsdesk
United Insurance Holdings Corp. (NASDAQ:UIHC) has announced a corporate name change to 'American Coastal Insurance Corporation' and will begin trading on NASDAQ under the new ticker symbol 'ACIC' from August 15, 2023.
July 27, 2023 | 8:54 pm
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United Insurance Holdings Corp. (UIHC) is changing its corporate name to 'American Coastal Insurance Corporation' and will trade under the new ticker 'ACIC' from August 15, 2023.
The name and ticker change of United Insurance Holdings Corp. to 'American Coastal Insurance Corporation' and 'ACIC' respectively, is a significant corporate action. However, such changes typically do not have a direct impact on the company's fundamentals or its stock price in the short term. Therefore, the score is neutral.
CONFIDENCE 100
IMPORTANCE 70
RELEVANCE 100