SAN FRANCISCO – Andersen Group Inc. () announced Wednesday the pricing of a secondary offering of 4,284,457 shares of Class A common stock at $44.00 per share by certain selling stockholders.
The selling stockholders expect to receive approximately $188.5 million in gross proceeds before underwriting discounts, commissions and other offering expenses, according to a press release statement. Andersen will not sell any shares in the offering and will not receive any proceeds from the sale.
The selling stockholders granted 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 Friday, subject to customary closing conditions.
Baird, Truist Securities and UBS Investment Bank are serving as lead book-running managers, with William Blair acting as additional book-running manager.
A registration statement relating to the securities was filed with the Securities and Exchange Commission and declared effective on Tuesday.
Andersen provides tax, valuation and financial advisory services to individuals, family offices, businesses and alternative investment funds in the United States.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.
