Andersen prices secondary offering of 4.28M shares at $44 each

Andersen Group Inc. (NYSE: ANDG) announced the pricing of an underwritten public offering of 4,284,457 shares of its Class A common stock by certain selling stockholders at $44.00 per share, according to a press release.

Gross proceeds to the selling stockholders are expected to be approximately $188.5 million, before underwriting discounts, commissions, and other offering expenses. Andersen is not selling any shares in the offering and will not receive any proceeds from the sale.

The selling stockholders have granted the underwriters a 30-day option to purchase up to an additional 642,668 shares of Class A common stock at the public offering price, less underwriting discounts and commissions.

The offering is expected to close on August 21, 2026, subject to customary closing conditions. A registration statement relating to the securities was declared effective by the Securities and Exchange Commission on August 19, 2026.

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

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