---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-026320"
form_type: "8-K"
ticker: "HGTY"
cik: "0001840776"
company_name: "Hagerty, Inc."
filed_at: "2024-06-03T23:59:59+00:00"
generated_at: "2026-06-01T06:54:41.572544+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Hagerty launches warrant exchange: 0.20 shares per warrant, seeks capital simplification

## Summary
- Offer to exchange each warrant for 0.20 shares of Class A common stock, up to 3,896,707 shares total.
- Consent solicitation seeks to amend warrant agreements to allow forced exchange at 0.18 shares (10% less).
- Support agreements: 44.3% of Public Warrants, 57.2% of Private Placement, 81.5% of PIPE Warrants already committed.
- Need additional 5.7% of Public Warrants to adopt IPO Warrant Amendment; PIPE amendment already sufficient.
- Offer expires July 2, 2024; no recommendation from company, but holders urged to read tender documents.

## SEC filing metadata
- accession: 0001628280-24-026320
- form_type: 8-K
- ticker: HGTY
- cik: 0001840776
- company_name: Hagerty, Inc.
- filed_at: 2024-06-03T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1840776/000162828024026320/0001628280-24-026320-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1840776/000162828024026320/hgty-20240603.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-026320
- JSON: https://secwatch.observer/filing/0001628280-24-026320.json
- Plain text: https://secwatch.observer/filing/0001628280-24-026320.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.