PR Newswire·Nov 10, 2026, 4:05 PM ET

Hagerty Announces Secondary Offering of its Class A Common Stock

Hagerty Holding Corp. intends to offer 9,000,000 shares of Hagerty Class A Common Stock in an underwritten secondary public offering.
Underwriters have a 30-day option to purchase up to an additional 1,350,000 shares of Class A Common Stock.
Hagerty will not receive any proceeds from the sale; Hagerty Holding Corp. will bear the underwriting discount while Hagerty bears remaining expenses.
Net proceeds from the share sale will be used by Hagerty Holding Corp. to redeem shares for the benefit of the Kim Hagerty Revocable Trust.
J.P. Morgan & Wells Fargo Securities are acting as representatives of the underwriters & lead bookrunning managers.
A registration statement for the offering has been declared effective with the SEC.
Forward-looking statements in the release include risks related to competition, technology, insurance underwriting, & recent acquisitions.