Business
Andersen Announces Closing of its Initial Public Offering and Full Exercise of the Underwriters’ Over-Allotment Option
SAN FRANCISCO, December 19, 2025--Andersen Group Inc. ("Andersen") today announced the closing of its initial public offering of 12,650,000 shares of its Class A common stock.
About this update from Andersen Group Inc.
[{"type":"image","alt":"","displaySize":"","headline":null,"caption":"","credit":null,"className":"","disableSlideshowImg":false,"size":{"original":{"width":1000,"height":242,"url":"https://media.zenfs.com/en/business-wire.com/d114b925461915fba48a1b894297a344"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/TTnQGKm.4tELeqr2tLsvgw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTIzMjtjZj13ZWJw/https://media.zenfs.com/en/business-wire.com/d114b925461915fba48a1b894297a344","width":960,"height":232},"lightbox":{"url":"https://s.yimg.com/ny/api/res/1.2/aRKLZ1KeFHjPJ3cWQNK6.A--/YXBwaWQ9aGlnaGxhbmRlcjt3PTIwMDA7aD00ODQ7Y2Y9d2VicA--/https://media.zenfs.com/en/business-wire.com/d114b925461915fba48a1b894297a344","width":1000,"height":242}},"lazy":false},{"type":"text","content":"SAN FRANCISCO, December 19, 2025--(BUSINESS WIRE)--Andersen Group Inc. ("Andersen"), a leading provider of independent tax, valuation and financial advisory services to individuals and family offices, businesses and funds in the United States, today announced the closing of its initial public offering of 12,650,000 shares of its Class A common stock, which includes the exercise in full of the underwriters’ over-allotment option to purchase an additional 1,650,000 shares of Class A common stock at a public offering price of $16.00 per share. The aggregate gross proceeds from the offering, before deducting underwriting discounts and commissions and estimated offering expenses, were $202.4 million. Andersen’s Class A common stock began trading on the New York Stock Exchange on December 17, 2025, under the ticker symbol "ANDG."","length":855,"tagName":"p"},{"type":"text","content":"Morgan Stanley and UBS Investment Bank acted as lead book-running managers for the offering. Deutsche Bank Securities, Truist Securities and Wells Fargo Securities acted as book-running managers for the offering. Baird and William Blair acted as additional book-running managers for the offering.","length":296,"tagName":"p"},{"type":"text","content":"The offering was made only by means of a prospectus. Copies of the prospectus relating to this offering may be obtained from: Morgan Stanley & Co. LLC, Attention: Prospectus Department, 180 Varick Street, 2nd Floor, New York, New York 10014, or by email at [email protected]; and UBS Securities LLC, Attention: Prospectus Department, 11 Madison Ave...