On July 2, 2020 Lemonade, Inc. has successfully launched its initial public offering on the New York Stock Exchange – officially becoming a publicly traded company while raising US$ 319,000,000.
The share price of Lemonade ended its first day trading on Wall Street up 139.34% at $69.41, giving a market cap of over $3 billion.
Daniel Chinn, Head of AYR Hi Tech Department, has accompanied Lemonade from the very beginning, starting as a humble startup and growing, only five years later, to be the most successful and innovative digital insurance company in the world. Together with Adv. Chinn, Advs. Saar Binyamin, partner, and Daniel Szriber also represent Lemonade and took an active part in its successful IPO.
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