Tech Company Inital Public Offerings

MediaAlpha IPO

MediaAlpha was acquired by . Shares became public on 10/28/2020.

Transaction Overview

Company Name
Announced On
10/28/2020
Transaction Type
IPO
Amount
$175,750,000
Proceeds Purpose
We intend to [i] contribute $70.8 million of the net proceeds to the Company from the sale of shares of Class A common stock in this offering to Intermediate Holdco for Intermediate Holdco to purchase Class B-1 units of QL Holdings LLC from the Selling Class B-1 Unit Holders (which Class B-1 units will be converted into Class A-1 units of QL Holdings LLC) to provide liquidity to such Selling Class B-1 Unit Holders and [ii] contribute $24.0 million of the net proceeds to the Company from the sale of shares of Class A common stock in this offering to Intermediate Holdco for further contribution to QL Holdings LLC, and in turn to QuoteLab, LLC, which will be used, together with cash on hand, to repay outstanding borrowings under the 2020 Credit Facilities. We intend to contribute remaining net proceeds, if any, to the Company from the sale of shares of Class A common stock in this offering to Intermediate Holdco for further contribution to QL Holdings LLC to use for working capital, capit

Company Information

Company Status
Publicly-held
Industry
Digital Media & VR & AR
Mailing Address
700 South Flower St. 640
Los Angeles, CA 90017
USA
Phone
Undisclosed
Email Address
Overview
MediaAlpha (NYSE: MAX). Our vision is to change the status quo by building technology that profoundly disrupts this old way of doing business and empowers participants to transact through an open, programmatic ecosystem. Since our inception, our technology platform has been utilized by over 300 partners to revolutionize how they buy and sell vertical search media.
Profile
MediaAlpha LinkedIn Company Profile
Social Media
MediaAlpha Company Twitter Account
Company News
MediaAlpha News
Facebook
MediaAlpha on Facebook
YouTube
MediaAlpha on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Steve Yi
  Steve Yi LinkedIn Profile  Steve Yi Twitter Account  Steve Yi News  Steve Yi on Facebook
Chief Financial Officer
Tigran Sinanyan
  Tigran Sinanyan LinkedIn Profile  Tigran Sinanyan Twitter Account  Tigran Sinanyan News  Tigran Sinanyan on Facebook
Chief Technical Officer
Eugene Nonko
  Eugene Nonko LinkedIn Profile  Eugene Nonko Twitter Account  Eugene Nonko News  Eugene Nonko on Facebook
Co-Founder
Ambrose Wang
  Ambrose Wang LinkedIn Profile  Ambrose Wang Twitter Account  Ambrose Wang News  Ambrose Wang on Facebook
Vice President
Keith Cramer
  Keith Cramer LinkedIn Profile  Keith Cramer Twitter Account  Keith Cramer News  Keith Cramer on Facebook
VP - Engineering
Amy Yeh
  Amy Yeh LinkedIn Profile  Amy Yeh Twitter Account  Amy Yeh News  Amy Yeh on Facebook


 

 

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