Company: SLDE
Filing Date: 2025-06-09
Form Type: S-1/A
Source: 0001193125-25-137410
Chunk: 312

Company: Slide Insurance Holdings, Inc.
Filing Date: 2025-06-09
Form: S-1/A
Chunk 312
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 in good faith or which involve intentional misconduct or a knowing violation of law, (iii) for a director for unlawful payments of dividends or unlawful stock repurchases, redemptions or other distributions, (iv) for any transaction from which the director or officer derived an improper personal benefit or (v) for an officer in any action by or in the right of the corporation. The registrant’s Certificate of Incorporation provides for such limitation of liability. The registrant maintains standard policies of insurance under which coverage is provided (a) to its directors and officers against loss rising from claims made by reason of breach of duty or other wrongful act, and (b) to the registrant with respect to payments which may be made by the registrant to such officers and directors pursuant to the above indemnification provision or otherwise as a matter of law. II-1

The proposed form of underwriting agreement filed as Exhibit 1.1 to this registration
statement provides for indemnification of directors and officers of the registrant by the underwriters against certain liabilities.

Item 15. Recent Sales of Unregistered Securities

Since our incorporation in March 2021, we have sold the following securities (which does not
reflect the Stock Split) without registration under the Securities Act of 1933:

1. In November 2021, 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.

2. In December 2021, we issued 66,667 warrants to purchase shares of our Series A preferred stock to HSCM Bermuda Fund Ltd. in connection with
their agreement to purchase 366,665 shares of our Series A preferred stock at a price of $13.50 per share for an aggregate purchase price of $5.0 million.

3. In December 2021, we issued 53,667 warrants to purchase shares of our Series A preferred stock as consideration in a cross-license agreement
with Southern Fidelity Insurance Company.

4. During the year ended December 31, 2021, we granted 1,232,000 options to purchase our
common stock at a weighted-average exercise price of $0.01, pursuant to our Prior Plan.

5. In May 2022, we issued 220,076 shares of common
stock to certain stockholders of Clegg Insurance Group, Inc. and Clegg Insurance Advisors, LLC (collectively,