HAMILTON, Bermuda, Oct. 5, 2020 /PRNewswire/ -- White Mountains
Insurance Group, Ltd. (NYSE: WTM) announced today that MediaAlpha,
Inc. ("MediaAlpha") has filed a registration statement on Form S-1
with the Securities and Exchange Commission ("SEC") for a proposed
initial public offering of its Class A common stock.
MediaAlpha has applied to list its Class A common stock on the New
York Stock Exchange under the ticker symbol "MAX".
A portion of the shares will be issued and sold by MediaAlpha
and a portion will be sold by an affiliate of White Mountains, as
the selling stockholder. The number of shares to be offered
and the price range for the proposed offering have not yet been
determined. The offering is subject to market and other
conditions, and there can be no assurance as to whether or when the
offering may be completed, or as to the actual size or terms of the
offering.
A registration statement on Form S-1 relating to these
securities has been filed with the SEC but has not yet become
effective. These securities may not be sold nor may offers to buy
be accepted prior to the time the registration statement becomes
effective. Copies of the registration statement can be
accessed through the SEC's website at www.sec.gov.
This press release shall not constitute an offer to sell or the
solicitation of an offer to buy these securities, nor shall there
be any sale of these securities in any state or jurisdiction in
which such offer, solicitation or sale would be unlawful prior to
registration or qualification under the securities laws of any such
state or jurisdiction. Any offers, solicitations or offers to
buy, or any sales of securities will be made in accordance with the
registration requirements of the Securities Act of 1933, as
amended.
About White Mountains
White Mountains is a Bermuda-domiciled financial services holding
company traded on the New York Stock Exchange and the Bermuda Stock
Exchange under the symbol WTM.
CONTACT:
|
Todd
Pozefsky
|
|
(203)
458-5807
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content:http://www.prnewswire.com/news-releases/mediaalpha-files-registration-statement-for-initial-public-offering-301145993.html
SOURCE White Mountains Insurance Group, Ltd.