HAMILTON, Bermuda, March 16, 2021 /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 secondary offering of up to 7,000,000 shares (not
including shares subject to the underwriters' option to purchase
additional shares) of its Class A common stock by certain selling
stockholders. Of such shares, White Mountains expects to offer
3,122,460 shares (not including shares subject to the underwriters'
option to purchase additional shares) of Class A common stock in
the offering. MediaAlpha is not offering any shares of Class A
common stock in 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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SOURCE White Mountains Insurance Group, Ltd.