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Hagerty Prices 10 Million-Share Secondary Offering at $14.85

The sale by Hagerty Holding Corp. is expected to generate about $148.5 million in gross proceeds.

By John Kim
Published
Two hands pass an unmarked share certificate across a stone counter / TokenPost.ai
Two hands pass an unmarked share certificate across a stone counter / TokenPost.ai

Hagerty, Inc. (NYSE: HGTY) priced a secondary offering, with Hagerty Holding Corp. (HHC) selling 10 million Class A shares at $14.85 each.

At the stated price, that sale represents $148.5 million in gross proceeds for HHC before underwriting discounts and commissions.

John Kim

John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

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