EFFECT ·Filed Aug 20, 2026
IPO/offering going effective
Actionable Insight • Neutral
The effective shelf enables immediate secondary sales by insiders. Watch for insider Form 4 filings and potential overhang pressure on the stock.
Latest settled — T+20d
ANDG ▲ +9.28% at T+20d
NEUTRAL call +9.28% · α vs SPY +9.28% · entry $50.32 → $54.99
Latest observation: T+45 +20.62% FF3 residual α
T+1d
-0.32%
call -0.32% · α -0.73%
$50.16
settled 2mo ago
T+5d
+12.40%
call +12.40% · α +11.29%
$56.56
settled 2mo ago
T+20d
+9.28%
call +9.28% · α +9.28%
$54.99
settled 6w ago
T+60d
Pending
in 17d
Price Chart
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Executive Summary
Andersen Group Inc.'s S-1 registration statement for a secondary offering of 4,284,457 shares by selling stockholders became effective on August 19, 2026. The company receives no proceeds; this is a liquidity event for insiders that does not change fundamentals but enables near-term share sales.
Key Facts
- EFFECT filing became effective 2026-08-19 under Act 33, File No. 333-298382
- Effectiveness enables the previously filed S-1 secondary offering of 4,284,457 shares by managing director selling stockholders
- Company will not receive any proceeds from the offering
- Aggregator retains ~98.1% voting control post-offering per the S-1
- S-1 was filed 3 days prior (2026-08-17)
Financial Impact
No proceeds to company; ~4.3M shares available for secondary sale by insiders
dilution
Risk Factors
- Insider selling could create near-term price pressure
- Secondary overhang remains until shares are distributed
Market Snapshot
Exchange
NYSE
Sector
Services-Business Services, NEC
Analyst Consensus
77% bullish (13 analysts)
Investment Themes
Software & IT
Documents Analyzed
This report is based on 3 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| EFFECT Filing (Primary) | 9999999995-26-002713 |
| Document: 9999999995-26-002713-index.html | 9999999995-26-002713 |
| Document: 9999999995-26-002713.txt | 9999999995-26-002713 |
9 reports for ANDG
Filters
Rows
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 16, 2026 10d ago | SC 13G/A | $58.27 | awaiting T+20 | — | $64.18 (+10.14%) |
Oct 15, 2026 11d ago | 8-K | $58.27 | awaiting T+20 | — | $64.18 (+10.14%) |
Oct 14, 2026 12d ago | 8-K | $58.95 | awaiting T+20 | — | $64.18 (+8.87%) |
Oct 7, 2026 19d ago | SC 13G/A | $55.34 | awaiting T+20 | — | $64.18 (+15.97%) |
Aug 20, 2026 9w ago | EFFECT | $50.32 $54.99 | ▲ +9.28% | ▲ +9.28% | $64.18 (+27.54%) |
Aug 17, 2026 10w ago | S-1 | $45.75 $55.13 | ▲ +20.49% | ▲ +21.48% | $64.18 (+40.28%) |
Jun 29, 2026 17w ago | 8-K | $37.72 $46.94 | ▲ +24.44% | ▲ +25.47% | $64.18 (+70.15%) |
Apr 30, 2026 25w ago | DEFA14A | $35.38 $38.31 | ▲ +8.28% | ▲ +3.31% | $64.18 (+81.40%) |
Apr 28, 2026 25w ago | 3 | $33.92 $38.31 | ▲ +12.94% | ▲ +6.89% | $64.18 (+89.21%) |
Showing 9 of 9
US Market Status
Market Closed — Opens in 8h 22m
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