Hagerty announces secondary offering of 8.25M Class A shares by Hagerty Holding Corp.

Hagerty, Inc.

Hagerty Holding Corp. to sell 8,250,000 Class A shares in underwritten secondary offering.
Underwriters granted 30-day option to purchase up to 1,237,500 additional shares.
Hagerty receives no proceeds; selling stockholder bears underwriting discount.
Net proceeds used to effect redemption of HHC shares for Kim Hagerty Revocable Trust.
Wells Fargo Securities and J.P. Morgan act as lead bookrunning managers.

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