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Lemonade | 8-K: Current report

Lemonade | 8-K:重大事件

SEC announcement ·  01/11 00:00
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On January 8, 2024, Lemonade, Inc., a company listed on the New York Stock Exchange, announced the entry into an Amended and Restated Customer Investment Agreement with GC Customer Value Arranger, LLC, acting as Arranger for the Investors. The agreement stipulates that the Investors will provide Lemonade with up to $150 million for sales and marketing efforts until December 31, 2024, extending the original commitment from June 28, 2023. Additionally, the Investors will provide up to $140 million from December 31, 2024, through December 31, 2025. The investment is structured so that the Investors will fund up to 80% of the Company's Growth Spend at the start of each Growth Period. Lemonade will then pay the Investors a percentage of the Reference Income generated until the Investors achieve a 16% Internal Rate of Return. The agreement includes standard representations, warranties, and covenants and will remain effective unless terminated as per its terms. Details of the agreement are expected to be filed with Lemonade's Annual Report on Form 10-K for the year ending December 31, 2023.
On January 8, 2024, Lemonade, Inc., a company listed on the New York Stock Exchange, announced the entry into an Amended and Restated Customer Investment Agreement with GC Customer Value Arranger, LLC, acting as Arranger for the Investors. The agreement stipulates that the Investors will provide Lemonade with up to $150 million for sales and marketing efforts until December 31, 2024, extending the original commitment from June 28, 2023. Additionally, the Investors will provide up to $140 million from December 31, 2024, through December 31, 2025. The investment is structured so that the Investors will fund up to 80% of the Company's Growth Spend at the start of each Growth Period. Lemonade will then pay the Investors a percentage of the Reference Income generated until the Investors achieve a 16% Internal Rate of Return. The agreement includes standard representations, warranties, and covenants and will remain effective unless terminated as per its terms. Details of the agreement are expected to be filed with Lemonade's Annual Report on Form 10-K for the year ending December 31, 2023.
2024年1月8日,在纽约证券交易所上市的公司Lemonade, Inc. 宣布与作为投资者安排人的GC客户价值安排有限责任公司签订经修订和重述的客户投资协议。该协议规定,投资者将在2024年12月31日之前向Lemonade提供高达1.5亿美元的销售和营销活动,并将最初的承诺从2023年6月28日起延长。此外,从2024年12月31日到2025年12月31日,投资者将提供高达1.4亿美元的资金。该投资的结构使投资者在每个增长期开始时最多可为公司增长支出的80%提供资金。然后,Lemonade将向投资者支付一定比例的参考收入,直到投资者达到16%的内部回报率。该协议包括标准陈述、担保和承诺,除非根据其条款终止,否则将继续有效。该协议的细节预计将在Lemonade截至2023年12月31日止年度的10-K表年度报告中提交。
2024年1月8日,在纽约证券交易所上市的公司Lemonade, Inc. 宣布与作为投资者安排人的GC客户价值安排有限责任公司签订经修订和重述的客户投资协议。该协议规定,投资者将在2024年12月31日之前向Lemonade提供高达1.5亿美元的销售和营销活动,并将最初的承诺从2023年6月28日起延长。此外,从2024年12月31日到2025年12月31日,投资者将提供高达1.4亿美元的资金。该投资的结构使投资者在每个增长期开始时最多可为公司增长支出的80%提供资金。然后,Lemonade将向投资者支付一定比例的参考收入,直到投资者达到16%的内部回报率。该协议包括标准陈述、担保和承诺,除非根据其条款终止,否则将继续有效。该协议的细节预计将在Lemonade截至2023年12月31日止年度的10-K表年度报告中提交。
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