EDGAR·FLOW

Hagerty, Inc. — Form 8-K

Filed September 11, 2026 · analyzed by the 8-K Agent
8-K — Neutral significance 28/100
What the filing says
Hagerty Holding Corp. is selling 9,250,000 shares of Hagerty Class A Common Stock at $11.95/share (pricing date Sept 9, 2026), with underwriters' option for additional 1,387,500 shares. Total gross proceeds ~$110.6M (base offering). Hagerty receives no proceeds; the selling stockholder bears underwriting costs. Closing expected Sept 11, 2026. Net proceeds will fund a redemption for the Kim Hagerty Revocable Trust.
Why this rating

Secondary offering of ~3% of shares dilutes existing holders but no capital raised by company; selling stockholder transaction. Modest relative to $309.9M market cap.

View original filing on SEC.gov ↗ HGTY · stock on Yahoo Finance ↗

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