MediaAlpha Announces Launch of Secondary Offering
MediaAlpha, Inc. Class A (MAX)
Company Research
Source: GlobeNewswire
LOS ANGELES, May 07, 2024 (GLOBE NEWSWIRE) -- MediaAlpha, Inc. (“MediaAlpha”) (NYSE: MAX) today announced the launch of an underwritten secondary public offering of 6,000,000 shares of its Class A common stock by certain selling stockholders (the “Selling Stockholders”). The Selling Stockholders have granted the underwriters a 30-day option to purchase up to an additional 900,000 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 and Goldman Sachs & Co. LLC are acting as joint bookrunners and representatives for the offering. BofA Securities, Canaccord Genuity, William Blair and BMO Capital Markets are acting as bookrunners. The issuer has filed a registration statement (including a prosp
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MAX
News
- MediaAlpha, Inc. (NYSE: MAX) had its "outperform" rating re-affirmed by analysts at Keefe, Bruyette & Woods. They now have a $25.00 price target on the stock, up previously from $19.00.MarketBeat
- MediaAlpha Closes Secondary Offering [Yahoo! Finance]Yahoo! Finance
- MediaAlpha Announces Closing of Secondary Offering by White Mountains Insurance Group and Insignia Capital GroupGlobeNewswire
- Shareholders May Be Wary Of Increasing MediaAlpha, Inc.'s (NYSE:MAX) CEO Compensation Package [Yahoo! Finance]Yahoo! Finance
- MediaAlpha To Present at Upcoming Investor Conferences [Yahoo! Finance]Yahoo! Finance
MAX
Earnings
- 5/1/24 - Beat
MAX
Sec Filings
- 5/13/24 - Form 4
- 5/10/24 - Form 8-K
- 5/9/24 - Form SC
- MAX's page on the SEC website