LOS ANGELES, May 10, 2024 (GLOBE NEWSWIRE) -- MediaAlpha, Inc. ("MediaAlpha") (NYSE:MAX) today announced the closing of the previously announced underwritten secondary public offering of 7,590,000 shares of its Class A common stock by certain selling stockholders affiliated with White Mountains Insurance Group and Insignia Capital Group (the "Selling Stockholders") at an offering price of $19.00 per share (before discounts and commissions), which included 990,000 shares of Class A common stock sold pursuant to the option granted by the Selling Stockholders to the underwriters. MediaAlpha did not sell any shares of Class A common stock in and did not receive any proceeds from the offering. J.P. Morgan and Goldman Sachs & Co. LLC are acting as joint bookrunners and representatives for the offering. BofA Securities, Canaccord Genuity, William Blair, BMO Capital Markets and Keefe, Bruyette & Woods, A Stifel Company are acting as bookrunners. The issuer has filed a registration statement (including a prospectus) with the Securities and Exchange Commission (the "SEC") for the offering to which this communication relates. A final prospectus supplement related to the offering has also been filed with the SEC. Before you invest, you should read the prospectus in that registration statement, the final prospectus supplement and other documents ...