Federal Life Goes Public
December 12, 2018 by Allison Bell
A small Midwestern mutual life insurer has turned itself into a public company.
The insurer, Federal Life Insurance Company of Riverwoods, Illinois, is now a subsidiary of Federal Life Group Inc., a company with stock that trades on the Nasdaq Capital Market.
Shares trade under the symbol Nasdaq:FLF.
Federal Life’s stock may not stay on the Nasdaq Capital Market for very long: The company warned in the offering prospectus that it may try to avoid U.S. Securities and Exchange Commission quarterly and annual reporting requirements by getting its stock delisted from the Nasdaq Capital Market.
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