Piper Sandler initiated coverage of FedNat Holding with a rating of Overweight and set a new price target of $7.00

SUNRISE, Fla., Dec. 12, 2022 (GLOBE NEWSWIRE) -- FedNat Holding Company, a regional insurance holding company, today announced that it and certain of its wholly-owned subsidiaries (collectively, the "Company") have filed voluntary petitions under Chapter 11 of the Bankruptcy Code in the United States Bankruptcy Court for the Southern District of Florida in order to maximize value for all stakeholders. As part of the Chapter 11 process, the Company will evaluate all strategic alternatives to maximize value for stakeholders, whether that be a reorganization of its business or a sale of its assets. The Company has approximately $6.5 million of cash on hand, which will provide liquidity to

SC 13D/A - FedNat Holding Co (0001069996) (Subject)

SC 13G/A - FedNat Holding Co (0001069996) (Subject)

SC 13G/A - FedNat Holding Co (0001069996) (Subject)

SC 13G/A - FedNat Holding Co (0001069996) (Subject)

SC 13D - FedNat Holding Co (0001069996) (Subject)

SC 13G/A - FedNat Holding Co (0001069996) (Subject)

SC 13G/A - FedNat Holding Co (0001069996) (Subject)

SC 13G - FedNat Holding Co (0001069996) (Subject)

SUNRISE, Fla., May 09, 2022 (GLOBE NEWSWIRE) -- FedNat Holding Company (the "Company" or "FedNat") (NASDAQ:FNHC) today reported results for the three months ended March 31, 2022. First Quarter 2022 Results Q1 2022 highlights (as measured against the same three-month period last year, except where noted): Net loss of $31.3 million or $(1.79) per diluted share as compared to net loss of $19.4 million or $(1.35) per diluted share.Adjusted operating loss of $28.9 million or $(1.65) per diluted share as compared to adjusted operating loss of $19.4 million or $(1.35) per diluted share.$31 million or $1.78 per diluted share of catastrophe claims, net of reinsurance recoveries and other offsets

SUNRISE, Fla., April 27, 2022 (GLOBE NEWSWIRE) -- FedNat Holding Company (NASDAQ:FNHC), a regional insurance holding company, will announce its 2022 first quarter financial results after 4:00 PM (ET) on Monday, May 9, 2022. The investor conference call will be held on Tuesday, May 10, 2022, at 11:30 AM (ET). A live webcast of the call will be available in the investor relations section of the FedNat website, or by following this link. Listeners interested in participating in the Q&A session can access the conference call by dialing toll free 1-877-303-6913 and using passcode 6686146. A webcast replay of the conference call will be available shortly after the live webcast is completed and

SUNRISE, Fla., March 03, 2022 (GLOBE NEWSWIRE) -- FedNat Holding Company (the "Company") (NASDAQ:FNHC) today reported results for the three and twelve months ended December 31, 2021. Q4 2021 highlights (as measured against the same three-month period last year, except where noted): Net loss of $8.6 million or $0.49 per diluted share as compared to net loss of $38.1 million or $2.77 per diluted share.Adjusted operating loss of $7.3 million or $0.42 per diluted share as compared to adjusted operating loss of $32.0 million or $2.33 per diluted share.Loss before income taxes of $9.9 million as compared to $47.6 million$8.1 million or $0.46 per diluted share of claims from severe weather even

SUNRISE, Fla., Feb. 22, 2022 (GLOBE NEWSWIRE) -- FedNat Holding Company (NASDAQ:FNHC), a regional insurance holding company, will announce its 2021 fourth quarter financial results after 4:00 PM (ET) on Thursday, March 3, 2022. The investor conference call will be held on Friday, March 4, 2022, at 11:00 AM (ET). A live webcast of the call will be available in the investor relations section of the FedNat website, or by following this link. Listeners interested in participating in the Q&A session can access the conference call by dialing toll free 1-877-303-6913 and using passcode 6628816. A webcast replay of the conference call will be available shortly after the live webcast is completed

SUNRISE, Fla., Nov. 08, 2021 (GLOBE NEWSWIRE) -- FedNat Holding Company (the "Company" or "FedNat") (NASDAQ:FNHC) today reported results for the three and nine months ended September 30, 2021. The Company also announced its intent to refocus its operations on the Florida homeowners market and to exit non-Florida markets. Refocus on Florida Homeowners Market FedNat announced its intent to refocus operations on the Florida market, which has been the Company's historical focus since its founding in 1992. In conjunction with this decision, FedNat has elected to commence an orderly runoff of the insurance operations of Maison Insurance Company ("Maison"). Maison will be fi

SUNRISE, Fla., Oct. 21, 2021 (GLOBE NEWSWIRE) -- FedNat Holding Company (NASDAQ:FNHC), a regional insurance holding company, will announce its 2021 third quarter financial results after 4:00 PM (ET) on Monday, November 8, 2021. The investor conference call will be held on Tuesday, November 9, 2021, at 9:00 AM (ET). A live webcast of the call will be available in the investor relations section of the FedNat website, or by following this link. Listeners interested in participating in the Q&A session can access the conference call by dialing toll free 1-877-303-6913 and using passcode 2329424. A webcast replay of the conference call will be available shortly after the live webcast is complet

SUNRISE, Fla., Aug. 09, 2021 (GLOBE NEWSWIRE) -- FedNat Holding Company (the "Company") (NASDAQ:FNHC) today reported results for the three and six months ended June 30, 2021. Q2 2021 highlights (as measured against the same three-month period last year, except where noted): Net loss of $50.4 million or $(2.89) per diluted share, including $17.0 million primarily for a non-cash charge for a valuation allowance against our net deferred tax asset. Excluding the non-cash charge, net loss of $33.4 million compares to net loss of $21.5 million or $(1.57) per diluted share.Adjusted operating loss of $50.5 million or $(2.90) per diluted share, including $17.0 million primarily for a non-cash cha

SUNRISE, Fla., Aug. 02, 2021 (GLOBE NEWSWIRE) -- FedNat Holding Company (NASDAQ:FNHC), a regional insurance holding company, announced that it has rescheduled the release of its 2021 second quarter financial results and its investor conference call. The release of 2021 second quarter results will be after 4:00 PM (ET) on Monday, August 9, 2021. The investor conference call will be held on Tuesday, August 10, 2021, at 9:00 AM (ET). A live webcast of the call will be available in the investor relations section of the FedNat website, or by following this link. Listeners interested in participating in the Q&A session can access the conference call by dialing toll free 1-877-303-6913 and using

SUNRISE, Fla., July 20, 2021 (GLOBE NEWSWIRE) -- FedNat Holding Company (NASDAQ:FNHC), a regional insurance holding company, will announce its 2021 second quarter financial results after 4:00 PM (ET) on Tuesday, August 3, 2021. The investor conference call will be held on Wednesday, August 4, 2021, at 9:00 AM (ET). A live webcast of the call will be available in the investor relations section of the FedNat website, or by following this link. Listeners interested in participating in the Q&A session can access the conference call by dialing toll free 1-877-303-6913 and using passcode 8919418. A webcast replay of the conference call will be available shortly after the live webcast is complet

SPAC Investment and Services Strategy Delivers Unrealized Gain of $3.6 Million FG Financial Group, Inc. (NASDAQ:FGF) (the "Company"), a reinsurance and investment management holding company focused on opportunistic collateralized and loss capped reinsurance, while allocating capital to SPAC and SPAC sponsor-related businesses, today announced results for the first quarter ended March 31, 2021. Management Commentary FGF CEO Larry Swets, Jr. commented, "In the first quarter we continued to advance our multi-pronged strategy, coupling a selective reinsurance practice with an asset management practice centered on the provision of SPAC sponsor-related businesses. Most notably, our first quart

SUNRISE, Fla., Dec. 12, 2022 (GLOBE NEWSWIRE) -- FedNat Holding Company, a regional insurance holding company, today announced that it and certain of its wholly-owned subsidiaries (collectively, the "Company") have filed voluntary petitions under Chapter 11 of the Bankruptcy Code in the United States Bankruptcy Court for the Southern District of Florida in order to maximize value for all stakeholders. As part of the Chapter 11 process, the Company will evaluate all strategic alternatives to maximize value for stakeholders, whether that be a reorganization of its business or a sale of its assets. The Company has approximately $6.5 million of cash on hand, which will provide liquidity to

SUNRISE, Fla., Oct. 26, 2022 (GLOBE NEWSWIRE) -- FedNat Holding Company (the "Company") (NASDAQ:FNHC), a regional insurance holding company, today announced that it has notified The Nasdaq Stock Market LLC ("Nasdaq") of the Company's decision to voluntarily delist its common stock from the Nasdaq Global Market and its intent to file a Form 25 with the U.S. Securities and Exchange Commission (the "SEC") on or about November 7, 2022. The Company has been advised by Nasdaq that, due to concerns regarding the Company's noncompliance with Nasdaq's continued listing requirements, trading in the Company's common stock will not continue beyond the date of filing the Form 25. Therefore, trading in

SUNRISE, Fla., Oct. 26, 2022 (GLOBE NEWSWIRE) -- FedNat Holding Company (the "Company") (NASDAQ:FNHC), a regional insurance holding company, today announced that it has notified The Nasdaq Stock Market LLC ("Nasdaq") of the Company's decision to voluntarily delist its common stock from the Nasdaq Global Market and its intent to file a Form 25 with the U.S. Securities and Exchange Commission (the "SEC") on or about November 7, 2022. As a result, the Company expects the delisting of its common stock to become effective 10 days following such filing, or November 17, 2022. The Company may discuss with market makers for its common stock the possibility of having its common stock quoted on the

SUNRISE, Fla., Aug. 19, 2022 (GLOBE NEWSWIRE) -- FedNat Holding Company (the "Company") (NASDAQ:FNHC), a regional insurance holding company, today announced that on August 17, 2022, it received notice (the "Notice") from the Listing Qualifications Department of the Nasdaq Stock Market notifying the Company that it was not in compliance with requirements of Nasdaq Listing Rule 5250(c)(1) as a result of not having timely filed its Quarterly Report on Form 10-Q for the quarter ended June 30, 2022. The Company has a period of 60 days from the Notice date to submit a plan to regain compliance with the Nasdaq Listing Rules. The Company has advised Nasdaq that it anticipates filing the Form 10

SUNRISE, Fla., July 06, 2022 (GLOBE NEWSWIRE) -- FedNat Holding Company (NASDAQ:FNHC) (FedNat) announced today that the Florida Office of Insurance Regulation (OIR) has authorized the assumption of approximately 78,000 policies effective June 1, 2022 by Monarch National Insurance Company (Monarch), from a FedNat subsidiary, FedNat Insurance Company (FNIC), resulting in Monarch's policy count totaling approximately 83,000 policies. This assumption occurred simultaneously with the closing of the previously announced $15,000,000 investment in Monarch by funds managed by Hale Partnership Capital Management LLC (Hale Group). With the closing of the transaction, the Hale Group is now majority ow

SUNRISE, Fla., May 24, 2022 (GLOBE NEWSWIRE) -- FedNat Holding Company (NASDAQ:FNHC) (FedNat), a regional insurance holding company, has entered into an agreement with Hale Partnership Capital Management LLC (Hale) pursuant to which funds managed by Hale will invest $15,000,000 in FedNat's subsidiary Monarch National Insurance Company (MNIC), subject to satisfaction of certain conditions. Under the terms of the agreement, FedNat will also then contribute additional capital to MNIC, further enhancing MNIC's surplus position. Following its investment, Hale will become the majority owner of MNIC, with FedNat holding a minority interest. Following completion of the Hale transaction, which has

SUNRISE, Fla., May 09, 2022 (GLOBE NEWSWIRE) -- FedNat Holding Company (the "Company" or "FedNat") (NASDAQ:FNHC) today reported results for the three months ended March 31, 2022. First Quarter 2022 Results Q1 2022 highlights (as measured against the same three-month period last year, except where noted): Net loss of $31.3 million or $(1.79) per diluted share as compared to net loss of $19.4 million or $(1.35) per diluted share.Adjusted operating loss of $28.9 million or $(1.65) per diluted share as compared to adjusted operating loss of $19.4 million or $(1.35) per diluted share.$31 million or $1.78 per diluted share of catastrophe claims, net of reinsurance recoveries and other offsets

SUNRISE, Fla., April 27, 2022 (GLOBE NEWSWIRE) -- FedNat Holding Company (NASDAQ:FNHC), a regional insurance holding company, will announce its 2022 first quarter financial results after 4:00 PM (ET) on Monday, May 9, 2022. The investor conference call will be held on Tuesday, May 10, 2022, at 11:30 AM (ET). A live webcast of the call will be available in the investor relations section of the FedNat website, or by following this link. Listeners interested in participating in the Q&A session can access the conference call by dialing toll free 1-877-303-6913 and using passcode 6686146. A webcast replay of the conference call will be available shortly after the live webcast is completed and

SUNRISE, Fla., April 01, 2022 (GLOBE NEWSWIRE) -- FedNat Holding Company (NASDAQ:FNHC), a regional insurance holding company, today announced that on April 1, 2022, it received a letter (the Letter) from the Listing Qualifications Department of the Nasdaq Stock Market (Nasdaq) notifying the Company that it was not in compliance with requirements of Nasdaq Listing Rule 5250(c)(1) as a result of not having timely filed its Annual Report on Form 10-K for the year ended December 31, 2021. The Letter has no immediate effect on the listing or trading of FedNat's common stock on the Nasdaq Capital Market. The Letter states that the Company is required to submit a plan to regain compliance by May

SUNRISE, Fla., March 03, 2022 (GLOBE NEWSWIRE) -- FedNat Holding Company (the "Company") (NASDAQ:FNHC) today reported results for the three and twelve months ended December 31, 2021. Q4 2021 highlights (as measured against the same three-month period last year, except where noted): Net loss of $8.6 million or $0.49 per diluted share as compared to net loss of $38.1 million or $2.77 per diluted share.Adjusted operating loss of $7.3 million or $0.42 per diluted share as compared to adjusted operating loss of $32.0 million or $2.33 per diluted share.Loss before income taxes of $9.9 million as compared to $47.6 million$8.1 million or $0.46 per diluted share of claims from severe weather even

8-K/A - FedNat Holding Co (0001069996) (Filer)

8-K - FedNat Holding Co (0001069996) (Filer)

25 - FedNat Holding Co (0001069996) (Filer)

8-K - FedNat Holding Co (0001069996) (Filer)

8-K/A - FedNat Holding Co (0001069996) (Filer)

8-K - FedNat Holding Co (0001069996) (Filer)

8-K - FedNat Holding Co (0001069996) (Filer)

8-K - FedNat Holding Co (0001069996) (Filer)

8-K - FedNat Holding Co (0001069996) (Filer)

8-K - FedNat Holding Co (0001069996) (Filer)

Gainers Peak Bio, Inc. (NASDAQ:PKBO) shares surged 105.8% to close at $7.82 on Friday. Peak Bio reported closing of up to $100 million common stock purchase transaction with White Lion Capital. Ladenburg Thalmann initiated coverage on Peak Bio with a Buy rating and announced a price target of $15. Huadi International Group Co., Ltd. (NASDAQ:HUDI) gained 70.3% to settle at $180.00 on Friday. Shares of Chinese companies traded higher following a report suggesting China could make changes to its COVID policy and may lift COVID flight suspensions. Satixfy Communications Ltd. (NYSE:SATX) climbed 65.5% to settle at $12.69 after dipping 31% on Thursday. OneConnect Financial Technology Co., Lt

Gainers Quanergy Systems, Inc. (NASDAQ:QNGY) jumped 153.9% to close at $3.30 on Friday. Aeglea BioTherapeutics, Inc. (NASDAQ:AGLE) surged 61.4% to close at $0.92 after jumping 15% on Thursday. Nuvalent, Inc. (NASDAQ:NUVL) shares gained 60.6% to close at $35.34 after the company reported preliminary Phase 1 clinical data from the ARROS-1 trial that support the best-in-class potential of NVL-520 for patients with ROS1-positive NSCLC. Bull Horn Holdings Corp. (NASDAQ:BHSE) jumped 44.7% to close at $11.95. Fangdd Network Group Ltd. (NASDAQ:DUO) gained 36.6% to close at $1.94. Provident Acquisition Corp. (NASDAQ:PAQC) shares jumped 32.7% to close at $11.00. Perfect Corp. and Provident Ac

Gainers PennyMac Financial Servs (NYSE:PFSI) stock increased by 17.4% to $55.44 during Friday's regular session. The current volume of 744.8K shares is 151.4% of PennyMac Financial Servs's average full-day volume over the last 100 days (last updated at 13:30 EST). The company's market cap stands at $2.9 billion. As per the news, the Q3 earnings report came out yesterday. Kinsale Capital Gr (NYSE:KNSL) shares moved upwards by 12.5% to $306.03. Trading volume for this security as of 13:30 EST is 191.1K, which is 131.4% of its average full-day volume over the last 100 days. The company's market cap stands at $7.0 billion. As per the news, the Q3 earnings report came out yesterday. Flagstar

Gainers Quanergy Systems, Inc. (NASDAQ:QNGY) surged 179% to $3.6301. Nuvalent, Inc. (NASDAQ:NUVL) shares jumped 62% to $35.60 after the company reported preliminary Phase 1 clinical data from the ARROS-1 trial that support the best-in-class potential of NVL-520 for patients with ROS1-positive NSCLC. Aeglea BioTherapeutics, Inc. (NASDAQ:AGLE) climbed 38% to $0.7860 after jumping 15% on Thursday. Sierra Metals Inc. (NYSE:SMTS) gained 32% to $0.2201. Sierra Metals' largest shareholder and Compañia Minera Kolpa announced Letter of Intent for Sierra Metals transaction and financing. Rail Vision Ltd. (NASDAQ:RVSN) jumped 31.6% to $0.7899. Agrify Corporation (NASDAQ:AGFY) surged 31% to $2.1

Gainers Zovio Inc (NASDAQ:ZVO) rose 39.5% to $0.2449 in pre-market trading after gaining 7% on Thursday. HeartCore Enterprises, Inc. (NASDAQ:HTCR) shares rose 14.5% to $1.73 in pre-market trading. Heartcore Enterprises shares jumped 57% on Thursday after the company announced it entered into a license agreement with Transcosmos Digital Technology for its Apromore process mining tool. Data I/O Corporation (NASDAQ:DAIO) rose 17.5% to $3.62 in pre-market trading after the company reported better-than-expected Q3 results. Healthcare Triangle, Inc. (NASDAQ:HCTI) rose 9.1% to $0.30 in pre-market trading after dropping over 16% on Thursday. Core Scientific, Inc. (NASDAQ:CORZ) rose 8.6% to

Gainers UserTesting, Inc. (NYSE:USER) shares jumped 91.7% to close at $7.40 after the company announced it will be acquired by Thoma Bravo and Sunstone Partners for $1.3 billion. The company also reported better-than-expected Q3 sales results. AgroFresh Solutions, Inc. (NASDAQ:AGFS) climbed 71.3% to close at $2.69 after the company announced its board of directors agreed with Paine Schwartz Partners to pursue acquisition of the company for $3 per share. HeartCore Enterprises, Inc. (NASDAQ:HTCR) shares jumped 57.3% to close at $1.51 on Thursday after the company announced it entered into a license agreement with Transcosmos Digital Technology for its Apromore process mining tool. Altra

Gainers HeartCore Enterprises, Inc. (NASDAQ:HTCR) gained 111% to $2.03 after the company announced it entered into a license agreement with Transcosmos Digital Technology for its Apromore process mining tool. UserTesting, Inc. (NYSE:USER) shares climbed 92.8% to $7.44 after the company announced it will be acquired by Thoma Bravo and Sunstone Partners for $1.3 billion. The company also reported better-than-expected Q3 sales results. AgroFresh Solutions, Inc. (NASDAQ:AGFS) gained 69% to $2.65 after the company announced its board of directors agreed with Paine Schwartz Partners to pursue acquisition of the company for $3 per share. NuZee, Inc. (NASDAQ:NUZE) surged 63% to $0.54. Altra I

Gainers View, Inc. (NASDAQ:VIEW) rose 23.2% to $1.30 in pre-market trading after declining 9% on Wednesday. Kaixin Auto Holdings (NASDAQ:KXIN) shares rose 16.5% to $0.6532 in pre-market trading after reporting unaudited first half 2022 financial results. Verb Technology Company, Inc. (NASDAQ:VERB) rose 16.1% to $0.3381 in pre-market trading. Verb Technology shares dropped around 13% on Wednesday after the company announced a $4 million registered direct offering. ESSA Pharma Inc. (NASDAQ:EPIX) rose 16% to $5.57 in pre-market trading after jumping 180% on Wednesday. ESSA Pharma recently highlighted updates results from the Phase 1/2 study of EPI-7386 with Enzalutamide At the 29th Annual

Gainers ESSA Pharma Inc. (NASDAQ:EPIX) shares climbed 180.2% to close at $4.82 on Wednesday after the company highlighted updates results from the Phase 1/2 study of EPI-7386 with Enzalutamide At the 29th Annual Prostate Cancer Foundation Scientific Retreat. OneConnect Financial Technology Co., Ltd. (NASDAQ:OCFT) surged 45.8% to close at $0.9040. RLX Technology Inc. (NYSE:RLX) jumped 43% to close at $1.63. Cipher Mining Inc. (NASDAQ:CIFR) gained 42.6% to close at $1.18. Loyalty Ventures Inc. (NASDAQ:LYLT) jumped 39.6% to close at $1.15. Eqonex Limited (NASDAQ:EQOS) climbed 38.2% to close at $0.47. Freight Technologies, Inc. (NASDAQ:FRGT) gained 37.4% to close at $0.5910. Freight Te

FedNat Holding Company (the “Company”) (NASDAQ:FNHC), a regional insurance holding company, today announced that it has notified The Nasdaq Stock Market LLC (“Nasdaq”) of the Company’s decision to voluntarily delist its common stock from the Nasdaq Global Market and its intent to file a Form 25 with the U.S. Securities and Exchange Commission (the “SEC”) on or about November 7, 2022. The Company has been advised by Nasdaq that, due to concerns regarding the Company’s noncompliance with Nasdaq’s continued listing requirements, trading in the Company’s common stock will not continue beyond the date of filing the Form 25. Therefore, trading in the Company’s common stock will be suspended prior