Company: SLDE
Filing Date: 2025-06-18
Form Type: 424B4
Source: 0001193125-25-142810
Chunk: 109

Company: Slide Insurance Holdings, Inc.
Filing Date: 2025-06-18
Form: 424B4
Chunk 109
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 stock. Our pro forma net tangible book value per share represents tangible assets, less liabilities, divided by the aggregate number of shares of common stock outstanding as of March 31, 2025, after giving effect to (i) the Stock Split, (ii) the filing and effectiveness of our amended and restated certificate of incorporation, which will occur immediately prior to the completion of this offering and (iii) the automatic conversion of all outstanding shares of our Series A preferred stock into 51,374,125 shares of our common stock. After giving further effect to the sale by us of the 16,666,667 shares of common stock in this offering, at the initial public offering price of $17.00 per share, and the receipt and application of the net proceeds, our pro forma as adjusted net tangible book value as of March 31, 2025 would have been $783.5 million, or $6.27 per share. This represents an immediate increase in pro forma as adjusted net tangible book value to existing stockholders of $1.43 per share and an immediate dilution to new investors of $10.73 per share. Dilution per share represents the difference between the price per share to be paid by new investors for the shares of common stock sold in this offering and the pro forma net tangible book value per share immediately after this offering. The following table illustrates this per share dilution:

| Initial public offering price per share                                                          |     |   |        |   |     | $ | 17.00 |
| Historical net tangible book value per share as of March 31, 2025                                |     | $ |  50.71 |   |     |   |       |
| Decrease in net tangible book value per share resulting from the pro forma adjustments described 
 above                                                                                            |     | $ | (45.87 | ) |     |   |       |
| Pro forma net tangible book value per share as of March 31, 2025                                 |     |   |   4.84 |   |     |   |       |
| Increase in pro forma net tangible book value per share attributable to new investors            |     |   |   1.43 |   |     |   |       |
| Pro forma as adjusted net tangible book value per share after offering                           |     | $ |   6.27 |   |     |   |       |
| Dilution per share to new investors                                                              |     |   |        |   |