Hagerty Announces Pricing of its Upsized Secondary Offering of Class A Common Stock
Key Highlights
- ➤10,000,000 Class A shares priced at $14.85 each in upsized secondary offering
- ➤Underwriters received 30-day option for 1,500,000 additional Class A shares
- ➤Hagerty receives no proceeds from the selling stockholder’s offering
- ➤Offering expected to close around November 12, 2026, subject to customary conditions
Hagerty Announces Pricing of its Upsized Secondary Offering of Class A Common Stock PR Newswire
TRAVERSE CITY, Mich., Nov. 10, 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 10,000,000 shares of Hagerty's Class A Common Stock, being offered by Hagerty Holding Corp. ("HHC" or the "Selling Stockholder") at a price to the public of $14.85 per share. In connection with the offering, the Selling Stockholder also granted the underwriters a 30-day option to purchase up to an additional 1,500,000 shares of Hagerty's Class A Common Stock. The offering is expected to close on or about November 12, 2026, subject to the satisfaction of customary closing conditions.
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