Andersen closes secondary offering of 4.9M shares at $44 each

Andersen Group Inc. (NYSE: ANDG) announced the closing of an underwritten public offering of 4,927,125 shares of its Class A common stock sold by certain existing stockholders at $44.00 per share.

The offering included the full exercise of the underwriters' option to purchase an additional 642,668 shares. Gross proceeds to the selling stockholders totaled approximately $216.8 million, before underwriting discounts, commissions, and other offering expenses.

Andersen did not sell any shares in the offering and received no proceeds from the transaction.

Baird, Truist Securities, and UBS Investment Bank served as lead book-running managers, with William Blair acting as additional book-running manager.

The registration statement related to the offering was declared effective by the Securities and Exchange Commission on August 19, 2026.

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