Hagerty, Inc. (HGTY) Form 8-K — Sep 11, 2026
On September 9, 2026, Hagerty entered into an underwriting agreement with Wells Fargo Securities and J.P. Morgan Securities for an upsized secondary offering of 9,250,000 Class A shares at a public offering price of $11.95 per share. The underwriters exercised their 30-day option for 1,387,500 additional shares in full, bringing total shares sold to 10,637,500, and the offering closed on September 11, 2026. Hagerty will not receive any proceeds from the sale — all shares were sold by Hagerty Holding Corp., the Selling Stockholder, whose net proceeds will be used to effect a redemption for the benefit of the Kim Hagerty Revocable Trust.
Key figures
- Offering Price
- 11.95
- Shares Offered
- 10,637,500 total (9,250,000 base shares plus 1,387,500 option shares, option exercised in full)
- Closing Date
- 2026-09-11
- Pricing Date
- 2026-09-09
- Offering Type Note
- Secondary offering by Hagerty Holding Corp. (Selling Stockholder); company received no proceeds
- Base Shares Offered
- 9250000
- Company Lock Up Days
- 60
- Registration File No
- 333-261810
- Option Shares Exercised
- 1387500
- Underwriter Purchase Price Per Share Usd
- 11.472
AI analysis
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