Overview

• Ethos filed a Form S-1 with the SEC for a proposed sale of Class A common stock and plans to list on the Nasdaq Global Select Market under the symbol LIFE.
• Goldman Sachs and J.P. Morgan are the lead book-running managers, with BofA Securities, Barclays, Citigroup and Deutsche Bank as additional book-runners, and Citizens, William Blair and Baird as co-managers.
• The company has not set the number of shares or a price range, and the registration statement is not yet effective, so no offers or sales are permitted.
• Ethos reported first-half 2025 revenue of $183.7 million, up 55% year over year, and net income of $30.7 million.
• Activated policies increased 70% to 94,405 in the first half of 2025, and the filing indicates that some existing shareholders may sell shares in the offering.