Orion180 Insurance's IPO

Listed Sep 18, 2026 at $12 on Nasdaq as OIG.

Offer price
$12
Market cap
$1.19B
Shares
20,000,000

Today 24% below its $12 offer price; its first day closed -2.8%.

Breakaway does the work for you: insider and Congress trades, the chart, and the financials, in one score.

See OIG ranked, live

See it live, free until Wednesday morning. No account. No card. Then keep going with a free account.

From its final prospectus (424B4) on SEC EDGAR, filed Sep 21, 2026.

What does Orion180 Insurance do?

“Orion180 is a founder-led technology-focused, high growth, high-margin specialty insurance group delivering innovative insurance solutions with a growing footprint across the United States.”
From its final prospectus (424B4), filed Sep 21, 2026
Orion180 Insurance's facts, each with its source
FactOrion180
Insurance
Employeesover 300, as of June 30, 2026From its final prospectus (424B4) of Sep 21, 2026
Websiteorion180.comFrom its final prospectus (424B4) of Sep 21, 2026

What is the offering?

Each figure names the filing it is from and that filing's date. The market cap is Breakaway's arithmetic from the prospectus's share count.

Orion180 Insurance's facts, each with its source
FactOrion180
Insurance
Shares offered20,000,000From the final prospectus (424B4) filed Sep 21, 2026
Offer price$12 a shareFrom the final prospectus (424B4) filed Sep 21, 2026
Raised at that price$240 millionFrom the final prospectus (424B4) filed Sep 21, 2026
Underwriters' discount$15.6 millionFrom the final prospectus (424B4) filed Sep 21, 2026
Net proceeds the company expectsAbout $220 millionFrom the final prospectus (424B4) filed Sep 21, 2026
Underwriters' option3,000,000 more sharesFrom the final prospectus (424B4) filed Sep 21, 2026
UnderwritersRBC Capital Markets, UBS, and Raymond JamesFrom the final prospectus (424B4) filed Sep 21, 2026, as its cover names them
ExchangeNasdaq Global Select Market, as OIGFrom the final prospectus (424B4) filed Sep 21, 2026
Shares outstanding after99,032,452From the final prospectus (424B4) filed Sep 21, 2026
Market cap at the offer price$1.19 billionBreakaway's arithmetic from the prospectus's share count

What the filing says about its money

Orion180 Insurance's facts, each with its source
FactOrion180
Insurance
Total revenues$123 million, year to December 31, 2025From its final prospectus (424B4) of Sep 21, 2026, its summary financial data
Net income$16.3 million, year to December 31, 2025From its final prospectus (424B4) of Sep 21, 2026, its summary financial data
Cash$171 million, as of June 30, 2026From its final prospectus (424B4) of Sep 21, 2026: cash and cash equivalents

What risks does Orion180 Insurance name first?

  1. “We rely on third-party agents, and any failure by those agents to consistently promote our products or the loss of any key agent relationships could adversely affect our business.”
  2. “Competition in our industry.”
  3. “Our distribution partners may increase their commission requirements.”

The first three of the risks its prospectus summary lists, in the company's words. The rest, and each in full, are in the filing. Read the filing.

Every date of Orion180 Insurance's IPO

Orion180 Insurance's IPO dates, each with its source
WhatDay
Registration filedForm S-1, SEC EDGARAug 20, 2026
Exchange registration filedexchange registration (Form 8-A), SEC EDGARSep 15, 2026
Declared effective by the SECSEC notice of effectiveness, SEC EDGARSep 17, 2026
Pricedfinal prospectus (424B4), filed Sep 21, SEC EDGARSep 17, 2026
First tradeMassive's IPO calendarSep 18, 2026
Lock-up endsfinal prospectus, SEC EDGAR: “”Mar 16, 2027

How did its first days trade?

From its daily bars, each close against its $12 offer price.

Orion180 Insurance's first sessions
DayOpenCloseFrom the
offer
Sep 18$11.50$11.66-2.8%
Sep 21$11.98$11.38-5.2%
Sep 22$11.16$10.50-12.5%
Sep 23$10.40$9.75-18.8%
Sep 24$9.65$9.86-17.8%

What is Orion180 Insurance's Quality Score?

1

Below Average

27 trading days so far; 5 of the 14 checks wait for more history.

OIG's page, with every reason behind its score

Tested. Our top-⁠scored stocks returned 2.2x the average stock over the next month. How we tested it

The other IPOs expected

The other IPOs expected or in registration
CompanyPrice

Orion180 Insurance IPO questions

When is Orion180 Insurance's IPO?

Listed Sep 18, 2026 at $12 on Nasdaq as OIG.

What is Orion180 Insurance's IPO price?

Orion180 Insurance's IPO priced at $12 a share, per its final prospectus of Sep 21, 2026.

How many shares is Orion180 Insurance selling?

20,000,000 shares, and the underwriters may buy 3,000,000 more, per its final prospectus (424B4).

Who are the underwriters?

RBC Capital Markets, UBS, and Raymond James, as the prospectus's cover names them.

When does the lock-up end?

Orion180 Insurance's IPO lock-⁠up ends Mar 16, 2027. Its final prospectus says: “.”

Does Breakaway rate Orion180 Insurance?

Orion180 Insurance has a Quality Score of 1 today. The score counts the 14 chart checks and the company's filings; a check that needs more history than a new stock has waits for it.

Can Breakaway say where Orion180 Insurance's price will go?

No. Breakaway does not say where a price will go. Every figure here is from the company's SEC filings, linked on each line.

Where every figure comes from.

  • Each company's SEC filings on EDGAR, read twice a day: its registration (Form S-1 or F-1), the amendment that sets its price range, and its final prospectus (424B4). The shares, the price, the underwriters, the lock-up, and the company's words are the filing's, linked on each line.
  • The expected day is Massive's IPO calendar's, the first trade the market data's, and the moves each stock's daily closes against its offer price.
  • The market cap is Breakaway's arithmetic: the shares the prospectus says will be outstanding after the offering, times the midpoint of the range or the offer price.
  • The Quality Score is Breakaway's, from a stock's second trading day; for its first 21 sessions it is marked New listing, and each check that needs more history waits for it.
  • Blank-check companies (SPACs) and unit offerings are left out and counted; a direct listing and a US listing of a company listed abroad are in and marked.

We do the work for you. Every stock is scored and ranked, every 15 seconds while the market is open. Here it's 15 minutes behind. Pro members see it live.

Every new listing, ranked live, free. No account.

See all 16 new listings ranked

See it live, free until Wednesday morning. No account. No card. Then keep going with a free account.

Every IPO expected and listed, and September 2026's listings.

Sources: Orion180 Insurance Group Inc.'s final prospectus (424B4) of Sep 21, 2026; the prices, the stock's daily bars, 15 minutes behind.

Not advice. Figures from each company's SEC filings, linked on each line. Breakaway is not an underwriter, broker, or adviser, and does not say where a price will go.

Scores as of 9:21 PM ET, 15 minutes behind.

Our top-scored stocks' record: Oct 2021 to Sep 2026, before costs; recorded live since Sep 9 2026.

Breakaway publishes impersonal securities research and analytical tools: one formula, the same score for everyone. It is not personalized investment advice, and nothing here is a recommendation to buy or sell any security.

Market data from a licensed vendor. The age of every quote is shown on the page.

This browser is too old to show this page right. Update it, or open this page in Safari or Chrome.