Company: SLDE
Filing Date: 2025-06-09
Form Type: S-1/A
Source: 0001193125-25-137410
Chunk: 133

Company: Slide Insurance Holdings, Inc.
Filing Date: 2025-06-09
Form: S-1/A
Chunk 133
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 whether due to changes to reinsurance rates or changes in the total insured value of our policy base, will occur and be reflected in our financial results beginning June 1 of each year, subject to certain adjustments. 88

Equity Issuances

Historically, we have funded our working capital requirements primarily through private issuances of our equity. The equity issuances described
below, which do not reflect the Stock Split, resulted in an aggregate of 10,344,235 shares of common stock and 9,340,750 shares of Series A preferred stock outstanding as of March 31, 2025 (without giving effect to the Stock Split),
reflecting total paid in capital of $126.8 million as of such date, exclusive of the effects of issuing redeemable shares.

From
November 2021 to January 2022, we issued and sold 7,775,496 shares of our Series A preferred stock at a price of $13.64 per share to a group of accredited investors for an aggregate purchase price of $106.0 million. Of the 7,775,496 shares
sold, an aggregate of 2,039,594 shares were purchased by our directors, executive officers, and their respective affiliates. The price per share was established to achieve the desired capital in the formation of our Company.

From December 2022 to February 2023, we issued and sold an aggregate of 1,466,920 shares of our Series A preferred stock at a price of $13.64
per share to a group of accredited investors for an aggregate purchase price of $20.0 million. Of the 1,466,920 shares sold, an aggregate of 58,868 shares were purchased by our directors, executive officers, and their respective affiliates.

On September 27, 2024, all of our warrants to purchase shares of our Series A preferred stock were exercised and, as a result, there
are no warrants to purchase shares of our Series A preferred stock outstanding.

In March 2021, we issued and sold 1,000 shares of common
stock to certain of our founders at a price of $1.00 per share for an aggregate purchase price of $1,000. Of the 1,000 shares sold, an aggregate of 870 shares were purchased by our directors, executive officers, and their respective affiliates. In
September 2021, we approved and effected a 1 for 10,000 stock split of the Company’s issued and outstanding