MediaAlpha, Inc. entered into an Assignment, Assumption and Termination Agreement on June 25, 2026, to purchase Insignia's interest in its Tax Receivables Agreement (TRA) for $31.0 million in cash. This transaction represents a 55% discount to the estimated total value of Insignia's interest as of March 31, 2026, which was $68.7 million. Following this transaction, the Company's total remaining liability under the TRA is estimated to be approximately $55.0 million as of June 30, 2026. MediaAlpha, Inc. operates in the advertising technology industry and provides a digital marketing platform for insurance and healthcare sectors.
