IGI shares begin trading on Nasdaq

Trading in the common shares of International General Insurance Holdings (IGI) began on the Nasdaq capital market on March 18.

The news follows the successful consummation of IGI’s business combination with Tiberius Acquisition Corporation, which saw IGI become a public company.

IGI chairman and CEO Wasef Jabsheh said, described it as a “defining and very exciting moment for IGI,” which positioned the company to prudently grow and compound tangible book value.

“This milestone is indicative of the successful track record that IGI has built over its 18-year history,” said Jabsheh. “This public listing in the US, the increased shareholder diversification created through our business combination with Tiberius, and a strong majority-independent board of directors, will continue to benefit all of our stakeholders and create opportunities to generate the capital necessary for future growth.”