# EDGAR Filing Document

**Accession Number:** 0002067129
**File Stem:** 0001213900-25-093952
**Filing Date:** 2025-9
**Character Count:** 31080
**Document Hash:** d55314448fc1b2c7f4616ca878029022
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001213900-25-093952.hdr.sgml**: 20250930

**ACCESSION NUMBER**: 0001213900-25-093952

**CONFORMED SUBMISSION TYPE**: S-8

**PUBLIC DOCUMENT COUNT**: 15

**FILED AS OF DATE**: 20250930

**DATE AS OF CHANGE**: 20250930

**EFFECTIVENESS DATE**: 20250930

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Neptune Insurance Holdings Inc.
- **CENTRAL INDEX KEY:** 0002067129
- **STANDARD INDUSTRIAL CLASSIFICATION:** INSURANCE AGENTS BROKERS & SERVICES [6411]
- **ORGANIZATION NAME:** 02 Finance
- **EIN:** 334189588
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** S-8
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-290613
- **FILM NUMBER:** 251360651

**BUSINESS ADDRESS:**
- **STREET 1:** 400 6TH ST S
- **CITY:** ST. PETERSBURG
- **STATE:** FL
- **ZIP:** 33701
- **BUSINESS PHONE:** (727) 202-4815

**MAIL ADDRESS:**
- **STREET 1:** 400 6TH ST S
- **CITY:** ST. PETERSBURG
- **STATE:** FL
- **ZIP:** 33701

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Neptune Insurance Holdings, Inc.
- **DATE OF NAME CHANGE:** 20250506

**As filed with the Securities and Exchange Commission on September 30, 2025**

 **Registration No. 333-**

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**FORM S-8**

**REGISTRATION STATEMENT**

**UNDER**

**THE SECURITIES ACT OF 1933**

**NEPTUNE INSURANCE HOLDINGS INC.**

**(Exact Name of Registrant as Specified in its Charter)**

---

| | |
|:---|:---|
| **Delaware** | **33-4189588** |
| **(State or Other Jurisdiction of** <br> **Incorporation or Organization)** | **(I.R.S. Employer** <br> **Identification No.)** |

---

**400 6<sup>th</sup> Street S, Suite 2<br> St. Petersburg, Florida 33701**

**(Address of Principal Executive Offices) (Zip Code)**

**Neptune Insurance Holdings Inc. Amended and Restated 2025 Stock Plan**

**Neptune Insurance Holdings Inc. 2025 Equity Incentive Plan**

**Neptune Insurance Holdings Inc. 2025 Employee Stock Purchase Plan**

**(Full Title of the Plans)**

**Trevor Burgess**

**Chief Executive Officer**

**Neptune Insurance Holdings Inc.**

**400 6<sup>th</sup> Street S, Suite 2<br> St. Petersburg, Florida 33701**

**(Name and Address of Agent for Service)**

**(727) 202-4815** 

**(Telephone Number, Including Area Code, of Agent for Service)**

***Copies to*:**

**Michael J. Sullivan**

**James D. Evans**

**Mark Mushkin**

**Albert Vanderlaan**

**Orrick, Herrington & Sutcliffe LLP**

**405 Howard Street**

**San Francisco, CA 94105**

**Tel: (415) 773-5700**

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company or an emerging growth company. See the definitions of "large accelerated filer," "accelerated filer," "smaller reporting company," and "emerging growth company" in Rule 12b-2 of the Exchange Act.

---

| | | | |
|:---|:---|:---|:---|
| Large accelerated filer | ☐ | Accelerated filer | ☐ |
| Non-accelerated filer | ☒ | Smaller reporting company | ☐ |
|  |  | Emerging growth company | ☒ |

---

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 7(a)(2)(B) of the Securities Act. ☐

**PART I**

**INFORMATION REQUIRED IN THE SECTION 10(A) PROSPECTUS** 

**Item 1. Plan Information.**

Information required by this Item 1 to be contained in the Section 10(a) prospectus is omitted from this Registration Statement in accordance with Rule 428 under the Securities Act of 1933, as amended (the "Securities Act") and the instructions to Form S-8. In accordance with the rules and regulations of the Securities and Exchange Commission (the "Commission") and the instructions to Form S-8, such documents are not being filed with the Commission either as part of this Registration Statement or as prospectuses or prospectus supplements pursuant to Rule 424 under the Securities Act.

**Item 2. Registrant Information and Employee Plan Annual Information.** 

Information required by this Item 2 to be contained in the Section 10(a) prospectus is omitted from this Registration Statement in accordance with Rule 428 under the Securities Act and the instructions to Form S-8. In accordance with the rules and regulations of the Commission and the instructions to Form S-8, such documents are not being filed with the Commission either as part of this Registration Statement or as prospectuses or prospectus supplements pursuant to Rule 424 under the Securities Act.

**PART II** 

**INFORMATION REQUIRED IN THE REGISTRATION STATEMENT** 

**Item 3. Incorporation of Documents by Reference.**

The Registrant hereby incorporates by reference into this Registration Statement the following documents previously filed with the Commission pursuant to the Securities Exchange Act of 1934, as amended (the "Exchange Act"):

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) Amendment
 No. 2 to the Registrant's Registration Statement on [Form S-1](https://www.sec.gov/Archives/edgar/data/2067129/000121390025091935/ea0247418-09.htm) filed with the SEC on September 26, 2025 (File No. 333-289995), which contains audited
 financial statements for the Registrant's latest fiscal year for which such statements
 have been filed; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) The description of the Registrant's
 Class A common stock contained in the Registration Statement on [Form 8-A](https://www.sec.gov/Archives/edgar/data/2067129/000121390025093071/ea0259104-8a12b_neptune.htm) (File No. 001-42878) filed with the Commission on September 29, 2025 under Section 12(b) of the Exchange Act, including any
 amendments or reports filed for the purpose of updating such description.

All documents, reports and definitive proxy or information statements filed by the Registrant on or after the date of this Registration Statement pursuant to Sections 13(a), 13(c), 14 and 15(d) of the Exchange Act (other than Current Reports furnished under Item 2.02 or Item 7.01 of Form 8-K and exhibits furnished on such form that relate to such items), shall be deemed incorporated by reference in this Registration Statement and to be a part hereof from the date of filing such documents until a post-effective amendment of this Registration Statement is filed which indicates that all securities being offered hereby have been sold or which deregisters all securities then remaining unsold.

Any statement contained in a document incorporated or deemed to be incorporated by reference herein shall be deemed to be modified or superseded for purposes of this Registration Statement to the extent that a statement contained herein or in any subsequently filed document that also is deemed to be incorporated by reference herein modifies or supersedes such statement. Any such statement so modified or superseded shall not be deemed, except as so modified or superseded, to constitute a part of this Registration Statement.

**Item 4. Description of Securities.**

Not applicable.

**Item 5. Interests of Named Experts and Counsel.**

None.

**Item 6. Indemnification of Directors and Officers.**

Section 145 of the Delaware General Corporation Law (the "DGCL") provides that a corporation may indemnify directors and officers as well as other employees and individuals against expenses (including attorneys' fees), judgments, fines and amounts paid in settlement actually and reasonably incurred by such person in connection with any threatened, pending or completed actions, suits or proceedings in which such person is made a party by reason of such person being or having been a director, officer, employee or agent of the corporation, or is or was serving at the request of the corporation as a director, officer, employee or agent of another corporation, partnership, joint venture, trust or other enterprise. The DGCL provides that Section 145 is not exclusive of other rights to which those seeking indemnification may be entitled under any bylaws, agreement, vote of stockholders or disinterested directors or otherwise. The Registrant's Second Amended and Restated Certificate of Incorporation and Amended and Restated Bylaws provide for indemnification by the Registrant of its directors and officers to the fullest extent permitted by the DGCL.

Section 102(b)(7) of the DGCL permits a corporation to provide in its certificate of incorporation that a director or certain officers of the corporation shall not be personally liable to the corporation or its stockholders for monetary damages for breach of fiduciary duty as a director, except for liability (1) for any breach of the director's duty of loyalty to the corporation or its stockholders, (2) for acts or omissions not in good faith or which involve intentional misconduct or a knowing violation of law, (3) for unlawful payments of dividends or unlawful stock repurchases, redemptions or other distributions or (4) for any transaction from which the director derived an improper personal benefit. The Registrant's Second Amended and Restated Certificate of Incorporation provides for such limitation of liability to the fullest extent permitted by the DGCL.

The Registrant's Second Amended and Restated Bylaws provide that the Registrant will indemnify its directors and officers, in each case to the fullest extent permitted by Delaware law. The Registrant also maintains standard policies of insurance under which coverage is provided to its directors and officers against loss arising from claims made by reason of breach of duty or other wrongful act, while acting in their capacity as directors and officers of the Registrant.

The Registrant has entered into indemnification agreements with each of its current directors and executive officers. These agreements require the Registrant to indemnify these individuals against liabilities that may arise by reason of their service to the Registrant, and to advance expenses incurred as a result of any proceeding against them as to which they could be indemnified. The Registrant also intends to enter into indemnification agreements with the Registrant's future directors and executive officers.

The underwriting agreement entered into in connection with the Registrant's initial public offering provides for indemnification by the underwriter of the Registrant and the Registrant's officers, directors and controlling persons for certain liabilities, including liabilities under the Securities Act, and by the Registrant of the underwriters for certain liabilities arising under the Securities Act or otherwise in connection with the initial public offering.

**Item 7. Exemption from Registration Claimed.**

Not Applicable.

**Item 8. Exhibits.**

The following documents are filed as exhibits to this Registration Statement.

---

| | |
|:---|:---|
| Exhibit No. | Description of Exhibit |
| 5.1 | [Opinion of Orrick, Herrington & Sutcliffe LLP\*](ea025942901ex5-1_neptune.htm) |
| 23.1 | [Consent of PricewaterhouseCoopers LLP, independent registered public accounting firm\*](ea025942901ex23-1_neptune.htm) |
| 23.2 | [Consent of Orrick, Herrington & Sutcliffe LLP (included in Exhibit 5.1)\*](ea025942901ex5-1_neptune.htm) |
| 24.1 | [Power of Attorney (included in the signature page to this Registration Statement)\*](#Z_001) |
| 99.1 | [Neptune Insurance Holdings Inc. Amended and Restated 2025 Stock Plan, as amended and restated, and related forms of agreement thereunder (incorporated by reference to Exhibit 10.2 to the Registrant's Form S-1, filed with the Commission on September 3, 2025)](https://www.sec.gov/Archives/edgar/data/2067129/000121390025083585/ea024741807ex10-2_neptune.htm) |
| 99.2 | [Neptune Insurance Holdings Inc. 2025 Equity Incentive Plan and related forms of award agreements thereunder (incorporated by reference to Exhibit 10.3 to the Registrant's Form S-1, filed with the Commission on September 22, 2025)](https://www.sec.gov/Archives/edgar/data/2067129/000121390025089781/ea024741808ex10-3_neptune.htm) |
| 99.3 | [Neptune Insurance Holdings Inc. 2025 Employee Stock Purchase Plan (incorporated by reference to Exhibit 10.4 to the Registrant's Form S-1, filed with the Commission on September 22, 2025)](https://www.sec.gov/Archives/edgar/data/2067129/000121390025089781/ea024741808ex10-4_neptune.htm) |
| 107 | [Filing Fee Table\*](ea025942901ex-fee_neptune.htm) |

---

\* Filed herewith.

**Item 9. Undertakings.**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) The undersigned Registrant hereby undertakes:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) To file, during any period in which offers or sales are being made, a post-effective amendment to this Registration Statement:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) To include any prospectus required by Section 10(a)(3) of the Securities Act;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) To reflect in the prospectus any facts or events arising after the effective date of the Registration Statement (or the most recent post-effective amendment thereof) which, individually or in the aggregate, represent a fundamental change in the information set forth in the Registration Statement; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) To include any material information with respect to the plan of distribution not previously disclosed in the Registration Statement or any material change to such information in the Registration Statement;

 

*provided, however*, that paragraphs (a)(1)(i) and (a)(1)(ii) of this section do not apply if the information required to be included in a post-effective amendment by those paragraphs is contained in reports filed with or furnished to the Commission by the Registrant pursuant to Section 13 or Section 15(d) of the Exchange Act that are incorporated by reference in the Registration Statement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) That, for the purpose of determining any liability under the Securities Act, each such post-effective amendment shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3) To remove from registration by means of a post-effective amendment any of the securities being registered which remain unsold at the termination of the offering.

(b)The Registrant hereby undertakes that, for purposes of determining any liability under the Securities Act, each filing of the Registrant's annual report pursuant to Section 13(a) or Section 15(d) of the Exchange Act (and, where applicable, each filing of an employee benefit plan's annual report pursuant to section 15(d) of the Exchange Act) that is incorporated by reference in the Registration Statement shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) Insofar as indemnification for liabilities arising under the Securities Act may be permitted to directors, officers and controlling persons of the Registrant pursuant to the foregoing provisions, or otherwise, the Registrant has been advised that in the opinion of the Commission such indemnification is against public policy as expressed in the Securities Act and is, therefore, unenforceable. In the event that a claim for indemnification against such liabilities (other than the payment by the Registrant of expenses incurred or paid by a director, officer or controlling person of the Registrant in the successful defense of any action, suit or proceeding) is asserted by such director, officer or controlling person in connection with the securities being registered, the Registrant will, unless in the opinion of its counsel the matter has been settled by controlling precedent, submit to a court of appropriate jurisdiction the question whether such indemnification by it is against public policy as expressed in the Securities Act and will be governed by the final adjudication of such issue.

**SIGNATURES**

Pursuant to the requirements of the Securities Act of 1933, as amended, the Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form S-8 and has duly caused this Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of St. Petersburg, State of Florida, on September 30, 2025.

---

| | | |
|:---|:---|:---|
| **NEPTUNE INSURANCE HOLDINGS INC.** | **NEPTUNE INSURANCE HOLDINGS INC.** | **NEPTUNE INSURANCE HOLDINGS INC.** |
| By: | /s/ Trevor Burgess | /s/ Trevor Burgess |
|  | Name: | Trevor Burgess |
|  | Title: | Chief Executive Officer |

---

**POWER OF ATTORNEY**

KNOW ALL PERSONS BY THESE PRESENTS, that each individual whose signature appears below constitutes and appoints Trevor Burgess and Jim Steiner, and each of them, such individual's true and lawful attorneys-in-fact and agents with full power of substitution, for such individual and in such individual's name, place and stead, in any and all capacities, to sign any and all amendments (including post-effective amendments) to this Registration Statement, and all post-effective amendments thereto, and to file the same, with all exhibits thereto and all documents in connection therewith, with the SEC, granting unto said attorneys-in-fact and agents, and each of them, full power and authority to do and perform each and every act and thing requisite and necessary to be done in and about the premises, as fully to all intents and purposes as such individual might or could do in person, hereby ratifying and confirming all that said attorneys-in-fact and agents, or any of them or their substitute or substitutes, may lawfully do or cause to be done or by virtue hereof. This Power of Attorney may be signed in one or more counterparts.

Pursuant to the requirements of the Securities Act, this Registration Statement has been signed by the following persons in the capacities and on the dates indicated:

---

| | | |
|:---|:---|:---|
| **Name** | **Title** | **Date** |
| /s/ Trevor Burgess | Chief Executive Officer and Director | September 30, 2025 |
| Trevor Burgess | *(principal executive officer)* |  |
| /s/ Jim Steiner | Chief Financial Officer | September 30, 2025 |
| Jim Steiner | *(principal financial and accounting officer)* |  |
| /s/ Jonathan Carlon | Director | September 30, 2025 |
| Jonathan Carlon |  |  |
| /s/ Blair J. Greenberg | Director | September 30, 2025 |
| Blair J. Greenberg |  |  |
| /s/ Cristian Melej | Director | September 30, 2025 |
| Cristian Melej |  |  |
| /s/ Mike Vostrizansky | Director | September 30, 2025 |
| Mike Vostrizansky |  |  |

---

## Exhibit 5.1

**Exhibit 5.1**

![](ex5-1_001.jpg)

---

| |
|:---|
| **Orrick, Herrington & Sutcliffe LLP** |
| 51 West 52nd Street |
| New York, NY 10019 |
| +1 212 506 5000 |
| **orrick.com** |

---

September 30, 2025

Neptune Insurance Holdings Inc.

400 6th Street S, Suite 2

St. Petersburg, Florida 33701

Re: Registration Statement on Form S-8

Ladies and Gentlemen:

We are acting as counsel to Neptune Insurance Holdings Inc., a Delaware corporation (the "<u>Company</u>"), in connection with the registration statement on Form S-8 filed by the Company with the Securities and Exchange Commission (the "<u>Commission</u>") on September 30, 2025 (the "<u>Registration Statement</u>"), under the Securities Act of 1933, as amended (the "<u>Securities Act</u>"). The Registration Statement relates to the registration of an aggregate of 16,532,777 shares (the "<u>Plan Shares</u>") of Class A common stock of the Company, par value $0.00001 per share (the "<u>Class A Common Stock</u>"), consisting of: (i) 8,925,000 shares of Class A Common Stock reserved for issuance pursuant to outstanding options granted under the Company's Amended and Restated 2025 Stock Plan (the "<u>Pre-IPO 2025 Plan</u>"), (ii) 6,123,333 shares of Class A Common Stock reserved for issuance under the Company's 2025 Equity Incentive Plan (the "<u>2025 Plan</u>") and (iii) 1,484,444 shares of Class A Common Stock reserved for issuance under the Company's 2025 Employee Stock Purchase Plan (the "<u>ESPP</u>"). The Pre-IPO 2025 Plan, the 2025 Plan and the ESPP are each individually referred to in this letter as a "<u>Plan</u>" and collectively the "<u>Plans</u>." As your legal counsel, we have reviewed the actions proposed to be taken by you in connection with the issuance and sale of the Plan Shares.

In connection with rendering the opinion set forth below, we have examined and relied upon originals or copies, certified or otherwise identified to our satisfaction, of (i) the Second Amended and Restated Certificate of Incorporation of the Company (the "<u>Charter</u>"), (ii) the Second Amended and Restated Bylaws of the Company, (iii) the Plans, and (iv) such corporate records, agreements, documents and other instruments, and such certificates or comparable documents of public officials and of officers and representatives of the Company, and have made such inquiries of such officers and representatives, as we have deemed relevant and necessary or appropriate as a basis for the opinion set forth below.

In our examination, we have assumed the legal capacity of all-natural persons, the genuineness of all signatures, the authenticity of all documents submitted to us as originals, the conformity to original documents of all documents submitted to us as facsimile, electronic, certified or photostatic copies, and the authenticity of the originals of such copies. In making our examination of documents executed or to be executed, we have assumed that the parties thereto, other than the Company, had or will have the power, corporate or other, to enter into and perform all obligations thereunder and have also assumed the due authorization by all requisite action, corporate or other, and the execution and delivery by such parties of such documents and the validity and binding effect thereof on such parties. As to any facts material to the opinions expressed herein that we did not independently establish or verify, we have relied upon statements and representations of officers and other representatives of the Company and others and of public officials.

September 30, 2025

![](ex5-1_001.jpg)

Based upon the foregoing and subject to the limitations, qualifications and assumptions set forth herein, we are of the opinion that upon the effectiveness of the Charter, the Plan Shares have been duly authorized and, when issued, delivered and paid for in accordance with the terms of the Plans, will be validly issued, fully paid and non-assessable.

Our opinion herein is limited to the General Corporation Law of the State of Delaware.

We consent to the filing of this opinion as an exhibit to the Registration Statement. In giving such consent, we do not thereby admit that we are within the category of persons whose consent is required under Section 7 of the Securities Act or the Rules and Regulations of the Commission promulgated thereunder.

Very truly yours,

/s/ ORRICK, HERRINGTON & SUTCLIFFE LLP

ORRICK, HERRINGTON & SUTCLIFFE LLP

## Exhibit 23.1

**Exhibit 23.1**

CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

We hereby consent to the incorporation by reference in this Registration Statement on Form S-8 of Neptune Insurance Holdings Inc. of our report dated July 2, 2025, except for the effects of the corporate restructuring discussed in Note 1, as to which the date is August 8, 2025, and except for the effects of the stock split discussed in Note 1, as to which the date is September 22, 2025, relating to the financial statements, which appears in Amendment No. 2 to the Registration Statement on Form S-1 (No. 333-289995) of Neptune Insurance Holdings Inc.

/s/ PricewaterhouseCoopers LLP

Philadelphia, Pennsylvania

September 30, 2025

## Ex-Filing

?xml version='1.0' encoding='ASCII'? Filing Fee Exhibit

**Ex-Filing Fees**

**CALCULATION OF FILING FEE TABLES**

**S-8**

**Neptune Insurance Holdings Inc.**

**Table 1: Newly Registered Securities**

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Security Type** | **Security Class Title** | **Notes** | **Fee Calculation<br> Rule** | **Amount Registered** | **Proposed Maximum Offering<br> Price Per Unit** | **Maximum Aggregate Offering Price** | **Fee Rate** | **Amount of Registration Fee** |
| Equity | Class A common stock, par value $0.00001 per share | (1) | Other | 8925000 | $5.79 | $51675750.00 | 0.0001531 | $7911.56 |
| Equity | Class A common stock, par value $0.00001 per share | (2) | Other | 6123333 | 19.00 | 116343327.00 | 0.0001531 | 17812.16 |
| Equity | Class A common stock, par value $0.00001 per share | (3) | Other | 1484444 | $16.15 | $23973770.60 | 0.0001531 | $3670.38 |
| Total Offering Amounts: | Total Offering Amounts: | Total Offering Amounts: | Total Offering Amounts: | Total Offering Amounts: | Total Offering Amounts: | $191992847.60 |  | 29394.10 |
| Total Fee Offsets: | Total Fee Offsets: | Total Fee Offsets: | Total Fee Offsets: | Total Fee Offsets: | Total Fee Offsets: |  |  | 0.00 |
| Net Fee Due: | Net Fee Due: | Net Fee Due: | Net Fee Due: | Net Fee Due: | Net Fee Due: |  |  | $29394.10 |

---

**__________________________________________ Offering Note(s)**

&nbsp;&nbsp;&nbsp;&nbsp;(1) Pursuant to Rule 416(a) under the Securities Act of 1933, as amended (the "Securities Act"), this Registration Statement shall also cover any additional shares of Class A common stock, $0.00001 par value per share (the "Class A common stock"), of Neptune Insurance Holdings Inc. (the "Registrant") that become issuable in respect of the securities identified in the above table by reason of any stock dividend, stock split, recapitalization or other similar transaction effected without the receipt of consideration that increases the number of the Registrant's outstanding shares of Class A common stock. Represents 8,925,000 shares of Class A common stock issuable upon the exercise of outstanding stock options ("Pre-IPO Awards") originally granted under the Registrant's Amended and Restated 2025 Stock Plan (the "Pre-IPO Plan"). The Pre-IPO Plan was terminated prior to the effectiveness of the Registrant's Registration Statement on Form S-1 initially filed with the Securities and Exchange Commission on September 22, 2025 (File No. 333-289995) (the "IPO Registration Statement"). Calculated solely for the purpose of this offering under Rule 457(h) of the Securities Act on the basis of the weighted average exercise price for outstanding stock option awards of $5.79 per share (rounded up to the nearest cent) as of the date of this Registration Statement.

&nbsp;&nbsp;&nbsp;&nbsp;(2) Pursuant to Rule 416(a) under the Securities Act of 1933, as amended (the "Securities Act"), this Registration Statement shall also cover any additional shares of Class A common stock, $0.00001 par value per share (the "Class A common stock"), of Neptune Insurance Holdings Inc. (the "Registrant") that become issuable in respect of the securities identified in the above table by reason of any stock dividend, stock split, recapitalization or other similar transaction effected without the receipt of consideration that increases the number of the Registrant's outstanding shares of Class A common stock. Represents 6,123,333 shares of Class A common stock reserved for future issuance under the Registrant's 2025 Equity Incentive Plan (the "2025 Plan"). The following shares of Class A common stock shall continue to be available under the 2025 Plan for issuance pursuant to future awards under the 2025 Plan: (i) to the extent an award under the 2025 Plan (a "2025 Plan Award") or Pre-IPO Award should expire or be forfeited or become unexercisable for any reason without having been exercised in full, or is surrendered pursuant to an exchange program, the unissued shares of Class A common stock that were subject thereto; (ii) any shares of Class A common stock which are retained by the Registrant upon exercise of a 2025 Plan Award or Pre-IPO Award in order to satisfy the exercise or purchase price for such 2025 Plan Award or Pre-IPO Award or any withholding taxes due with respect to such 2025 Plan Award or Pre-IPO Award; and (iii) shares of Class A common stock issued under the 2025 Plan or any Pre-IPO Award and later forfeited to the Registrant due to the failure to vest or repurchased by the Registrant at the original purchase price paid to the Registrant for the shares of Class A common stock. Calculated solely for the purpose of this offering under Rule 457(h) of the Securities Act. The fee is based on a price of $19.00 per share of Class A common stock, which is the midpoint of the estimated price range per share of Class A common stock for the Registrant's initial public offering of Class A common stock pursuant to the IPO Registration Statement.

&nbsp;&nbsp;&nbsp;&nbsp;(3) Pursuant to Rule 416(a) under the Securities Act of 1933, as amended (the "Securities Act"), this Registration Statement shall also cover any additional shares of Class A common stock, $0.00001 par value per share (the "Class A common stock"), of Neptune Insurance Holdings Inc. (the "Registrant") that become issuable in respect of the securities identified in the above table by reason of any stock dividend, stock split, recapitalization or other similar transaction effected without the receipt of consideration that increases the number of the Registrant's outstanding shares of Class A common stock. Represents 1,484,444 shares of Class A common stock reserved for future issuance under the Registrant's 2025 Employee Stock Purchase Plan. Calculated solely for the purpose of this offering under Rule 457(h) of the Securities Act. The fee is based on a price of $16.15 per share of Class A common stock, which is the midpoint of the estimated price range per share of Class A common stock for the Registrant's initial public offering of Class A common stock pursuant to the IPO Registration Statement, multiplied by 85%, which is the percentage of the trading price per share applicable to purchasers under the ESPP.