Weekend-long campaign includes exclusive member experiences, discounts and contests TRAVERSE CITY, Mich., June 13, 2024 /PRNewswire/ -- Hagerty, Inc. (NYSE: HGTY), an automotive enthusiast brand and leading specialty vehicle insurance provider, is hosting Hagerty Drivers Club "HDC Days," a celebration of the largest automotive membership in the world and ultimate community for car lovers, from Friday, June 21 through Sunday, June 23. Our over 830,000 members can participate in more than 20 live events acros ...

subject to inherent risks and uncertainties that are difficult to predict and may be outside of our control. Some of the factors that may cause our actual results to differ materially from those contemplated by our forwardlooking statements include: (i) our ability to recognize the anticipated benefits of the subject of this press release; (ii) our ability to compete effectively within our industry and attract and retain members; and (iii) the other risks and uncertainties listed in our Form 10-K filed with ...

Core Insights - Broad Arrow Auctions, a subsidiary of Hagerty, is featuring the 1957 Maserati 200si, chassis number 2415, at the upcoming Monterey Jet Center auction with an estimated value of $3,300,000 - $3,600,000 [6][8] - The Maserati 200si is recognized for its originality and racing pedigree, having been expertly maintained and restored over the past 12 years [2][6] - The auction will take place on June 14 and 15, 2024, with approximately 40 cars being auctioned [8] Company Overview - Hagerty, Inc. is a leading provider of specialty vehicle insurance and automotive services, catering to over 67 million car enthusiasts in the U.S. and operating in Canada and the UK [3][9] - Broad Arrow Auctions serves as an advisor and market maker for car collectors, emphasizing integrity and innovation in its operations [9] Auction Details - The Maserati 200si has a notable racing history, including participation in the last 1957 Mille Miglia and various sports car races in the 1950s and 1960s [7] - The auction will be held during the Hagerty Motorlux event, marking a new format for the Monterey auction [8]

Core Viewpoint - Hagerty, Inc. has initiated an exchange offer and consent solicitation to simplify its capital structure and mitigate the potential dilutive impact of its outstanding warrants [1][2]. Group 1: Exchange Offer Details - The company is offering 0.20 shares of Class A Common Stock for each outstanding warrant tendered, with a total of up to 3,896,707 shares available for exchange [2]. - The exchange offer is set to expire on July 2, 2024, unless extended [4]. Group 2: Consent Solicitation - Concurrently, Hagerty is soliciting consents to amend the warrant agreements, allowing for a potential exchange of 0.18 shares for each warrant if the offer closes [3]. - Approximately 44.3% of Public Warrants, 57.2% of Private Placement Warrants, and 81.5% of PIPE Warrants have agreed to tender their warrants and consent to the amendments [3]. Group 3: Current Capital Structure - As of May 15, 2024, Hagerty has 85,703,286 shares of Class A Common Stock and 19,483,539 outstanding warrants [5]. - If all warrant holders participate in the exchange, the total shares of Class A Common Stock would increase to 89,599,993, representing a 4.5% increase [5].

A record 12,000 automotive enthusiasts & residents celebrated car culture during the three-day motoring event GREENWICH, Conn., June 3, 2024 /PRNewswire/ -- A 1931 Cadillac 452A was chosen as this year's Best of Show at the 28th annual Greenwich Concours d'Elegance and the Barris-Built 1957 Chevrolet 210 'El Capitola' was chosen as Best of Show at Saturday's Concours de Sport. This year's event further established the weekend's focus on celebrating car culture and honoring concours tradition while providing ...

Broad Arrow Auctions is also pleased to announce a date change for this year's Monterey auction as, for the first time, the Hagerty Motorlux event will serve as the backdrop for a selected offering of approximately 50 cars to be auctioned on Wednesday evening, the 14th, with the auction beginning at 6:30 pm. The auction will continue Thursday, the 15th with the sale beginning at 3:00 pm. Please visit the Broad Arrow website for additional information on the upcoming auction and to purchase Motorlux tickets ...

Most recently, Briglia was the President and CEO of Plymouth Rock Assurance's Direct and Partner Group. In this role, he helped the company create the foundational processes to drive transformational improvements in the company's growth and profitability, particularly for their direct-to-consumer business. He also led important strategic and operational changes with key partners. TRAVERSE CITY, Mich., May 31, 2024 /PRNewswire/ -- Hagerty (NYSE: HGTY) announced today that Jeff Briglia has been named Hagerty' ...

Grosse Pointe, MI, May 13, 2024 (GLOBE NEWSWIRE) -- Broad Arrow Private Sales, a Hagerty Company, is thrilled to present the 1976 McLaren M23, chassis M23-12, a rare example of one of the most celebrated chassis to have come out of the McLaren Grand Prix factory, now available for purchase offered by Broad Arrow Private Sales, with pricing available upon request. An exquisite machine, it was driven exclusively in period by Jochen Mass in six Grand Prix events and includes points finishes in Spain and Monaco ...

Hagerty Inc. (NYSE:HGTY) Q1 2024 Earnings Conference Call May 7, 2024 10:00 AM ET Company Participants Jay Koval - Senior Vice President of Investor Relations McKeel Hagerty - CEO & Director Patrick McClymont - Chief Financial Officer Conference Call Participants Mark Hughes - Truist Securities Pablo Singzon - JPMorgan Operator Greetings and welcome to the Hagerty First Quarter 2024 Earnings Call. This time, all participants are in a listen-only mode, and a question-and-answer session will follow the formal ...

| --- | --- | --- | --- | --- | |-------|-------|-------|-------|-------| | | | | | | | | | | | | | | | | | | | | | | | | This presentation contains statements that constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include all statements that are not historical facts. These forward-looking statements reflect our current expectations and projections with respect to our expected future business and financial performan ...