Andersen Group stock falls on 4.3M share secondary offering
Andersen Group Inc. (NYSE:ANDG) shares fell 4.3% after hours after it announced a secondary offering of 4,284,457 shares of Class A common stock by selling stockholders. Andersen said it will not sell shares and will receive no proceeds. Underwriters have a 30-day option for up to 642,668 additional shares. Lead managers include Baird, Truist Securities and UBS.