MediaAlpha Announces Closing of Secondary Offering by White Mountains Insurance Group and Insignia Capital Group
MediaAlpha(MAX) Newsfilter·2024-05-10 20:55
LOS ANGELES, May 10, 2024 (GLOBE NEWSWIRE) -- MediaAlpha, Inc. ("MediaAlpha") (NYSE:MAX) today announced the closing of the previously announced underwritten secondary public offering of 7,590,000 shares of its Class A common stock by certain selling stockholders affiliated with White Mountains Insurance Group and Insignia Capital Group (the "Selling Stockholders") at an offering price of $19.00 per share (before discounts and commissions), which included 990,000 shares of Class A common stock sold pursuant ...