other material
confidence high
sentiment neutral
materiality 0.60
MediaAlpha secondary offering of 3M shares by selling stockholders closes
MediaAlpha, Inc.
- Offering of 3,000,000 Class A shares by Insignia Capital Group affiliates and Keith Cramer.
- Company receives no proceeds; J.P. Morgan acted as lead underwriter.
- Underwriters have a 30-day option to purchase up to an additional 450,000 shares.
- Offering closed on March 12, 2024; no other stockholders sold shares.