Overview
- Ethos and selling shareholders plan to offer 10.5 million shares, including 5.1 million primary shares and about 5.4 million secondary shares.
- At the indicated range, the offering would raise roughly $102.6 million for the company and about $108 million for selling investors.
- Shares are set to trade on the Nasdaq under the ticker LIFE.
- Ethos reported $277.5 million in revenue and $46.6 million in net income for the nine months ended Sept. 30, up from $188.4 million and $39.3 million a year earlier.
- Backers include Sequoia, Accel, GV, SoftBank and General Catalyst, with Sequoia and Accel not selling in the IPO.