Hagerty Announces Pricing of its Upsized Secondary Offering of Class A Common Stock
The selling stockholder will use the proceeds to redeem HHC shares for the Kim Hagerty Revocable Trust, while Hagerty gets none of the sale proceeds.
- On Wednesday, September 9, 2026, Hagerty, Inc. announced the pricing of its upsized secondary offering of 9,250,000 shares of Class A Common Stock at $11.95 per share.
- Hagerty Holding Corp. , the selling stockholder, will use net proceeds from the share sale to effect a redemption of shares for the benefit of the Kim Hagerty Revocable Trust.
- Wells Fargo Securities, LLC and J.P. Morgan Securities LLC serve as lead bookrunning managers, with underwriters granted a 30-day option to purchase up to an additional 1,387,500 shares of Class A Common Stock.
- The offering is expected to close on or about Friday, September 11, 2026, subject to the satisfaction of customary closing conditions.
- Hagerty bases these forward-looking statements on current expectations about future events, which may not materialize; actual results could differ materially from those anticipated.
25 Articles
25 Articles
Hagerty announces pricing of upsized 9.25M share secondary offering
Hagerty (HGTY) announced the pricing of an upsized secondary public offering of 9.25M shares of its Class A Common Stock by selling stockholder Hagerty Holding (HHC) at a public offering price of $11.95 per share.
Hagerty Announces Pricing of its Upsized Secondary Offering of Class A Common Stock
TRAVERSE CITY, Mich., Sept. 9, 2026 /PRNewswire/ -- Hagerty, Inc. (NYSE: HGTY) ("Hagerty"), a business that makes it easier and more enjoyable to be a driving enthusiast, announced the pricing of its secondary offering, upsized to 9,250,000 shares of Hagerty's…
Hagerty Announces Secondary Offering of its Class A Common Stock
TRAVERSE CITY, Mich., Sept. 9, 2026 /PRNewswire/ -- Hagerty, Inc. (NYSE: HGTY) ("Hagerty"), a business that makes it easier and more enjoyable to be a driving enthusiast, announced that Hagerty Holding Corp. ("HHC" or the "Selling Stockholder") intends to offer…
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