Miami International Holdings, Inc. (NYSE:MIAX) has announced the launch of a proposed secondary public offering of 6,750,000 shares of its common stock including certain shares to be issued upon the exercise of warrants.

The proposed offering consists entirely of secondary shares to be sold by certain selling stockholders of the company.

The underwriters will have a 30-day option to purchase up to an additional 1,012,500 shares of common stock from the selling stockholders.

The company is not selling any shares of common stock in the proposed offering and will not receive any proceeds from the offering.

J.P. Morgan, Morgan Stanley and Piper Sandler are acting as lead joint bookrunning managers for the proposed offering. Raymond James, Rosenblatt, William Blair, and Keefe, Bruyette & Woods, A Stifel Company are acting as joint bookrunning managers.

The proposed offering of MIAX’s shares of common stock will be made only by means of a prospectus.