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0.0289995166747222 0.0289995166747222 0.0289995166747222 0.0289995166747222 0.0289995166747222 0.00531657805703236 0.00531657805703236 -0.0164330594490092
Stock impact report

MediaAlpha Announces Launch of Secondary Offering

MediaAlpha, Inc. Class A (MAX) 
Company Research Source: GlobeNewswire
LOS ANGELES, March 07, 2024 (GLOBE NEWSWIRE) -- MediaAlpha, Inc. ("MediaAlpha") (NYSE: MAX) today announced the launch of an underwritten secondary public offering of 3,000,000 shares of its Class A common stock by certain selling stockholders (the "Selling Stockholders"). Certain of the Selling Stockholders have granted the underwriter a 30-day option to purchase up to an additional 450,000 shares of Class A common stock. MediaAlpha is not offering any shares of Class A common stock in the offering. The Selling Stockholders will receive all of the proceeds from the proposed offering. The offering is subject to market and other conditions, and there can be no assurance as to whether or when the offering may be completed. J.P. Morgan is acting as the sole underwriter for the offering. The underwriter may offer the shares of Class A common stock from time to time for sale in one or more transactions on the NYSE, in the over-the-counter market, through negotiated transactions or othe Show less Read more
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