 SUNRISE, Fla., March 15, 2021 GLOBE NEWSWIRE -- FedNat Holding Company Nasdaq: FNHC, a regional insurance holding company, announced the closing of an underwritten public offering of 3,500,000 shares of its common stock at a price of 4.75 per share for gross proceeds of 16.625 million. The offering generates net proceeds to the Company of approximately 15.2 million, after deducting the underwriters discount and estimated offering expenses payable by the Company. In addition, the underwriter has been granted a 30-day option to purchase up to 525,000 additional shares of common stock from the Company at the public offering price, less the underwriters discount. 