Andersen Group stockholders price secondary offering of 4,284,457 shares at $44 each
ANDG•Secondary offering priced at $44 a share
Andersen priced an underwritten secondary offering of 4,284,457 Class A common shares at $44 per share.
- Gross proceeds to selling stockholders are expected to be about $188.5 million.
- Andersen will not receive any proceeds from the offering.
- Underwriters have a 30-day option to buy up to 642,668 additional shares at the offering price, less discounts.
- Closing is expected on Aug. 21, 2026, subject to customary conditions.
- Baird, Truist Securities, and UBS Investment Bank are leading the deal, and William Blair is also serving as book-runner.
