←RETURN TO 2026 IPO RADAR DECK (135 OFFERINGS)COHORT STANDING: #98 of 135
Verified SEC Filing/Calendar Year 2026
NASDAQFinancials
$OIG
RANGE-BOUND (-50% to +50%)
Orion180 Insurance Group
Legal Entity: Orion180 Insurance Group Inc.
OFFER PRICE$12.00
CURRENT PRICE
$9.73
CUMULATIVE RETURN
-20.20%
PRICING DATE: 9/18/2026SEC FILING SNAPSHOT
SECTION 01 // FORENSIC TEARDOWN
The Seagull Executive Verdict
SURVIVAL RATING: CRATER
WHAT THE BUSINESS DOES
Sells homeowners insurance utilizing proprietary underwriting algorithms. Collects recurring premium payments from policyholders.
THE WALL STREET PITCH
Insurtech disruptor utilizing superior data analytics to underwrite profitable policies in abandoned coastal markets.
THE COLD REALITY
A single severe catastrophic weather event could wipe out statutory capital reserves, rendering the proprietary underwriting algorithms irrelevant.
SECTION 02 // CAPITAL ALLOCATION
Capital Formation & Float Scarcity
FLAG: TREASURY GROWTH
Gross Proceeds
$240.0M
Cash extracted from market
Post-Money Value
$800.0M
Total company valuation
Public Float %
30%
Shares available to public
Secondary Share %
0%
Insider cash extraction
CAPITAL USE ANALYSIS
Proceeds directed to balance sheet and operations.
SECTION 03 // SUPPLY SHOCK AUDITOR
Insider Lock-Up Expiration
VC DUMP RISK: MODERATE
Expiration Calendar Date
2027-03-17
128 DAYS REMAINING
Supply Shock Multiplier
2.5x
Float expansion ratio upon unlock
Lockup Duration
180 Days
Contractual restriction window
SECTION 05 // COHORT BENCHMARK
Sector Peer & Cohort Telemetry
RANK: #98 of 135
2026 Cohort Standing
#98 of 135
Out of 135 total 2026 IPO offerings
Sector Median Return
+0%
Financials sector midpoint
Sector Win Rate
44%
% of peer IPOs trading in profit
PERFORMANCE VS PEERS
Orion180 Insurance Group is currently trading below the Financials sector median of 0%. Across the entire 2026 calendar year cohort, only 44% of Financials offerings have sustained a positive return above their initial offer price.