---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-22-083465"
form_type: "8-K"
ticker: "LMND"
cik: "0001691421"
company_name: "Lemonade, Inc."
filed_at: "2022-07-28T23:59:59+00:00"
generated_at: "2026-06-24T07:36:04.656895+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Lemonade completes Metromile acquisition for ~$145M in stock; receives $155M cash and $110M premiums

## Summary
- Deal closed July 28, 2022; Metromile shareholders received 7.3 million LMND shares.
- Lemonade gains over $155M cash, over $110M in auto premiums, and insurance licenses in 49 states.
- Metromile CEO Dan Preston becomes SVP of Strategic Initiatives; most Metromile employees transition.
- Metromile brand to sunset after customer migration; MILE stock ceases trading on Nasdaq.

## SEC filing metadata
- accession: 0001104659-22-083465
- form_type: 8-K
- ticker: LMND
- cik: 0001691421
- company_name: Lemonade, Inc.
- filed_at: 2022-07-28T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.01, 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1691421/000110465922083465/0001104659-22-083465-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1691421/000110465922083465/tm2221915d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-22-083465
- JSON: https://secwatch.observer/filing/0001104659-22-083465.json
- Plain text: https://secwatch.observer/filing/0001104659-22-083465.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.