Hagerty Plans To Offer Secondary Offering Of 8.25M Common Shares
Hagerty, Inc. (NYSE:HGTY) ("Hagerty"), a business that makes it easier and more enjoyable to be a driving enthusiast, announced that Hagerty Holding Corp. ("HHC" or the "Selling Stockholder")
Hagerty is selling more shares of its company to raise money. When a company does this, it can help them grow, but it also means each share gets a smaller piece of the company.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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