1. Investment Snapshot
2. Thesis
3. Valuation & Price Target
4. Business & Product Moat
5. People & Governance
6. Market & Macro
7. Financial Quality
8. Risk Register
9. Prediction Market
10. 𝕏 Posts
Discussion
1. Investment Snapshot
2. Thesis
3. Valuation & Price Target
4. Business & Product Moat
5. People & Governance
6. Market & Macro
7. Financial Quality
8. Risk Register
9. Prediction Market
10. 𝕏 Posts
Discussion
1. Investment Snapshot
2. Capital Structure
3. Valuation
Discussion
Symbol
ANDG
Event Date
2025-12-17
Sector
Industrials
Subsector
Commercial Services & Supplies
Offer Range
—
Shares Offered
11M
109.3M
—
Implied Upside vs Midpoint
$00.00Description
—
Post-IPO economic shares by class.
| Class | Shares | % Economic |
|---|---|---|
Class A Common Stock one vote per share; sold in IPO; overallotment option: 1,650,000 additional shares | 11M | 10.1% |
Class B Common Stock voting rights; held by managing directors/partners via AT Umbrella LLC; economic interests held via AT Umbrella Units; distributions flow from AT Umbrella LLC directly | 98.3M | 89.9% |
| Total economic shares | 109.3M | 100% |