MediaAlpha completes secondary offering of 7.59M shares by selling stockholders

MediaAlpha, Inc.

Secondary offering of 7,590,000 shares of Class A common stock closed May 10, 2024.
Selling stockholders affiliated with White Mountains Insurance Group and Insignia Capital Group sold all shares; company receives no proceeds.
Underwriters include J.P. Morgan Securities and Goldman Sachs; over-allotment of 990,000 shares exercised.
Offering made under effective shelf registration statement; underwriting agreement filed as Exhibit 1.1.

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