Hagerty completes warrant exchange with 87% public warrant tender; all remaining to be exchanged July 22

Hagerty, Inc.

87.3% of public warrants (5.0M), 98.4% private placement, 97.6% PIPE warrants tendered for 0.2 shares each.
Warrant amendments executed; post-offer exchange for remaining warrants at 0.18 shares on July 22, 2024.
Last trading day for public warrants (HGTY.WS) will be July 19, 2024; all warrants will be eliminated.
Company reduces warrant overhang, simplifying capital structure.

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