Andersen Group announced the pricing of an underwritten public secondary offering of 4.28 million shares of Class A common stock by certain selling stockholders at $44.00 per share. Gross proceeds to the selling stockholders are expected to total approximately $188.5 million before expenses. Andersen Group is not selling any shares and will receive no proceeds from the transaction. Selling stockholders granted underwriters a 30-day option to buy up to an additional 642,668 shares. The offering is scheduled to close on or about August 21, 2026.
Andersen Group Inc.Secondary offering of 4.28M shares at $44 by selling stockholders, no proceeds to company, may pressure stock price.