Company: SLDE
Filing Date: 2025-04-25
Form Type: DRS/A
Source: 0000950123-25-003716
Chunk: 106

Company: Slide Insurance Holdings, Inc.
Filing Date: 2025-04-25
Form: DRS/A
Chunk 106
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| (2) | The actual number of shares of common stock does not give effect to the Stock Split to be effectuated after the               
 effectiveness of the registration statement of which this prospectus forms a part and before the completion of this offering. |

| (3) | The actual outstanding number of shares of common stock does not give effect to the Stock Split. |

71

DILUTION If you invest in our common stock, your interest will be immediately diluted to the extent of the difference between the initial public offering price per share of our common stock and the pro forma net tangible book value per share of our common stock after this offering. Our historical net tangible book value as of December 31, 2024 was $422.1 million, or $41.30 per share of common stock. Our historical net tangible book value per share represents tangible assets, less liabilities, divided by the aggregate number of shares of common stock outstanding as of December 31, 2024. Our pro forma net tangible book value as of December 31, 2024 was $ , or $ per share of common 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 December 31, 2024, after giving effect to (i) the Stock Split immediately prior to the automatic conversion described in (iii), (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 shares of our common stock. After giving further effect to the sale by us of the shares of common stock in this offering, at an assumed initial public offering price of $ per share, the midpoint of the range set forth on the cover page of this prospectus, and the receipt and application of the net proceeds, our pro forma as adjusted net tangible book value as of December 31, 2024 would have been $ , or $ per share. This represents an immediate increase in pro forma as adjusted net tangible book value to existing stockholders of $ per share and an immediate dilution to new investors of $ 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: