The AmerInst Insurance Group Ltd., a provider of professional liability reinsurance to CPA firms, announced the results of a recent rights offering to shareholders.
According to a statement from group's board of directors, 212 shareholders purchased an additional 97,927 shares, for a total price of nearly $2.3 million. In percentage terms, over 10 percent of existing AmerInst shareholders purchased 9.8 percent of the stock that was offered during the period.
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