Selling stockholders of Andersen Group Inc. (NYSE: ANDG) have completed a secondary offering of 4,927,125 Class A common shares at $44.00 per share, generating gross proceeds of approximately $216.8 million before underwriting discounts and expenses.
The offering, which included the full exercise of an underwriters' option to purchase an additional 642,668 shares, was conducted as an underwritten public offering through a prospectus filed with the U.S. Securities and Exchange Commission. The SEC declared the registration statement effective on August 19, 2026, with the deal announced on August 21, 2026.
Andersen Group itself did not sell any shares in the transaction and received no proceeds. Baird, Truist Securities, and UBS Investment Bank served as lead book-running managers, with William Blair acting as an additional book-running manager.
