secwatch.observer — SEC 8-K summary
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Issuer:     Lemonade, Inc. (LMND)
CIK:        0001691421
Form:       8-K/A
Filed at:   2022-10-11T23:59:59+00:00
Accession:  0001691421-22-000068
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.75
Item codes: 9.01, 2.01
LLM model:  deepseek-v4-flash:cloud@v2

Lemonade files pro forma financials for Metromile acquisition showing combined net loss of $448M in FY2021
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- Pro forma FY2021 combined net loss $448.1M; diluted EPS loss $6.58.
- Pro forma Q1 2022 combined net loss $107.5M; diluted EPS loss $1.57.
- Bargain purchase gain of $19.1M from net assets ($156.8M) exceeding purchase price ($137.7M).
- Acquired identifiable intangible assets valued at $36.0M (tech & licenses); tech amortized over 3 years.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1691421/000169142122000068/0001691421-22-000068-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1691421/000169142122000068/lmda-20220728.htm
  HTML page:      https://secwatch.observer/filing/0001691421-22-000068

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