secwatch.observer — SEC 8-K summary
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Issuer:     Hippo Holdings Inc. (HIPO)
CIK:        0001828105
Form:       8-K
Filed at:   2024-09-10T23:59:59+00:00
Accession:  0001828105-24-000040
Event type: regulatory
Sentiment:  negative
Materiality: 0.30
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

NYSE delists Hippo warrants due to abnormally low price; common stock unaffected
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- On Sept 9, 2024, NYSE notified Hippo that its warrants (HIPO.WS) are being delisted immediately due to 'abnormally low selling price' per Section 802.01D.
- Every 25 warrants are exercisable for one share of common at $287.50 per share; the warrants have been delisted effective immediately.
- Hippo will not appeal the NYSE delisting determination.
- Trading in Hippo common stock (HIPO) on NYSE continues and is unaffected by this action.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1828105/000182810524000040/0001828105-24-000040-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1828105/000182810524000040/hippo-20240909.htm
  HTML page:      https://secwatch.observer/filing/0001828105-24-000040

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