Hagerty prices upsized secondary offering of 9,250,000 Class A shares at $11.95 each
HGTY•Proceeds and expected closing
Hagerty will not receive proceeds; Hagerty Holding plans to use net proceeds to redeem a matching number of its shares.
Closing is expected on or about Sept. 11, 2026, subject to customary closing conditions.
Upsized secondary offering priced
Hagerty priced an upsized secondary offering of 9,250,000 Class A common shares at $11.95 each.
Selling stockholder Hagerty Holding Corp granted underwriters a 30-day option for up to 1,387,500 additional shares.
