Stockadora

IPOs / December 2025

Andersen Group Inc. went public at $16.00 a share

It sold 11,000,000 shares on New York Stock Exchange under the ticker ANDG and raised $176.0 million before costs.

Final prospectus (424B4) filed December 17, 2025

The terms

  • Offered 11,000,000 shares Checked
    Source
    “Andersen Group Inc. is offering 11,000,000 shares of its Class A common stock.”
    A model read this, and code confirmed the quote appears in the filing.
  • Price per share $16.00 Checked
    Source
    “The initial public offering price is $16.00 per share.”
    A model read this, and code confirmed the quote appears in the filing.
  • Raised $176,000,000before fees and costs Checked
    Source and check
    Shares × price = 11,000,000 × $16.00 = $176,000,000. They match.
    “Total | $176,000,000 | $12,320,000 | $163,680,000”
    A model read this, and code confirmed the quote appears in the filing.
  • Bank fee $12,320,000$1.12 a share, 7.0% of the raise Checked
    Source
    “Total | $176,000,000 | $12,320,000 | $163,680,000”
    A model read this, and code confirmed the quote appears in the filing.
  • Lead banks Morgan Stanley, UBS Investment Bank, Deutsche Bank Securities, Truist Securities, Wells Fargo Securities, Baird, William Blair From the prospectus
    Source
    “MORGAN STANLEY | UBS INVESTMENT BANK DEUTSCHE BANK SECURITIES | TRUIST SECURITIES | WELLS FARGO SECURITIES BAIRD | WILLIAM BLAIR”
    A model read this, and code confirmed the quote appears in the filing.
  • Trades as ANDG on New York Stock Exchange Checked
    Source
    “Our Class A common stock has been approved for listing on the New York Stock Exchange (the NYSE) under the symbol “ANDG.””
    A model read this, and code confirmed the quote appears in the filing.
  • Extra for the banks Up to 1,650,000 sharesan option the banks may use From the prospectus
    Source
    “We have granted the underwriters an option for a period of 30 days to purchase up to an additional 1,650,000 shares of Class A common stock solely to cover over-allotments, if any.”
    A model read this, and code confirmed the quote appears in the filing.
  • Final prospectus filed December 17, 2025
Not investment advice.Open the filing on SEC.gov

Where Andersen Group Inc. sits among the last 12 months

Each bubble is one IPO. Bigger and higher means more money raised. The scale grows by ten times at each line.

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