secwatch.observer — SEC 8-K summary
======================================

Issuer:     Hippo Holdings Inc. (HIPO)
CIK:        0001828105
Form:       8-K
Filed at:   2021-08-05T23:59:59+00:00
Accession:  0001193125-21-237966
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.80
Item codes: 2.01, 5.06, 3.02, 3.03, 5.01, 5.02, 5.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Hippo Holdings completes business combination with Reinvent Technology Partners Z, begins trading on NYSE
--------------------------------------------------------------------------------

- Merger valued Hippo at $5.522B pre-transaction equity; exchange ratio of approximately 6.95433.
- PIPE investors committed $550M ($10.00/share); after redemptions, 559.7M shares outstanding.
- Pre-merger Hippo stockholders own 89.5% of outstanding common stock; Third-Party PIPE own 9.0%.
- Common stock and warrants trade on NYSE under HIPO and HIPO.WS since August 3, 2021.
- Board appointed (Assaf Wand, Richard McCathron, etc.); director compensation plan adopted with $35K annual retainer and RSU grants.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1828105/000119312521237966/0001193125-21-237966-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1828105/000119312521237966/d214187d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-21-237966

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer