<div id="readability-page-1">Andersen Group (ANDG) priced its IPO at $16.00 – the top of its $14.00-to-$16.00 price range – and sold 11 million shares – the number of shares in the prospectus – to raise $176 million on Tuesday night, Dec. 16, 2025. Andersen Group’s stock is expected to start trading today – Wednesday, Dec. 17, 2025 – on the New York Stock Exchange. Morgan Stanley and UBS Investment Bank led the joint book-runners’ team. Deutsche Bank Securities, Truist Securities, Wells Fargo Securities, Baird and William Blair also served as joint book-runners. Andersen Group, based in San Francisco, is a profitable tax accounting and advisory firm that was founded in 2002 by partners and leading managers of Arthur Andersen. According to INSIDE Public Accounting, Andersen Group ranks among the top 20 U.S. tax accounting and financial advisory firms in 2025 – consistent with its standing over the years. Andersen Group reported net income of $42.5 million on revenue of $774.2 million for the 12 months that ended June 30, 2025. (For more information about this company, please check the IPO Calendar and the individual IPO Profile found on the IPOScoop.com website.) Note: Never trade on proposed symbols. They have been known to change and you might buy something on the OTC Bulletin Board. To see what time the NASDAQ IPOs are expected to trade, please log in to: NASDAQTrader.com then scroll down to IPO Message. Disclosure: Nobody on the IPOScoop.comstaff has a position in any stocks mentioned above, nor do they trade or invest in IPOs. The IPOScoop.com staff does not issue advice, recommendations or opinions. Disclaimer: A SCOOP Rating (Wall Street Consensus of Opening-day Premiums) is a general consensus taken, at press time, from Wall Street and investment professionals concerning how well an IPO might perform when it starts trading.</div>

ANDG

Andersen Group (ANDG) priced its IPO at $16, the top of its $14-$16 range, raising $176 million by selling 11 million shares. The stock is expected to start trading on Dec. 17, 2025, on the NYSE. Morgan Stanley and UBS led the joint book-runners. Andersen Group, a top 20 U.S. tax accounting and advisory firm, reported $42.5 million net income on $774.2 million revenue for the year ending June 30, 2025.

The IPO Buzz: Andersen Group (ANDG) Prices IPO at $16 – Top of Range