Porch Group, Inc.
Expected move
InputsNext report
Last report
Largest filed tie
13F top-10 QoQ
Top fund weight
Last report5 of 8 at or beyond impliedshaded = implied▲▼ = realized× = |realized| ÷ implied
Porch Group, Inc.
20.09
+28.16%
vs ±19.2% implied · ×1.47
shaded = implied · ▲▼ = realized
Porch has 5 disclosed suppliers and 2 disclosed customers in SEC filings.
SentencePursuant to this agreement with Aon, Aon made an initial cash payment to Porch in the amount of approximately $25 million plus an additional cash payment of $0.9 million to us in 2025, and will share with our insurance carrier affiliates a percentage of the brokerage revenue received by Aon for the placement of reinsurance contracts on their behalf that incept or renew each calendar year from 2025 through 2032.
Sentence4.4 Warrant Agreement, dated November 21, 2019, by and between the Company and Continental Stock Transfer & Trust Company, as warrant agent (incorporated by reference to Exhibit 4.1 of the Company's Form 8-K (File No. 001-39142), filed with the SEC on November 26, 2019).
PRCH 10-Kaccession 0001784535-26-000008
SentenceThese notes are in addition to a preexisting surplus note for $49 million issued by HOA to us, which HOA subsequently assigned to, and was assumed by, the Reciprocal.
PRCH 10-Kaccession 0001784535-26-000008
SentenceWe hold surplus notes issued by the Reciprocal totaling $106 million.
PRCH 10-Kaccession 0001784535-26-000008
SentenceDuring 2023, HOA discovered that Vesttoo Ltd ("Vesttoo"), which arranged capital for one of our reinsurance contracts, faced allegations of fraudulent activity in connection with collateral it provided to HOA and certain other third parties, which allegations have since been confirmed.
PRCH 10-Kaccession 0001784535-26-000008
SentencePursuant to this agreement with Aon, Aon made an initial cash payment to Porch in the amount of approximately $25 million plus an additional cash payment of $0.9 million to us in 2025, and will share with our insurance carrier affiliates a percentage of the brokerage revenue received by Aon for the placement of reinsurance contracts on their behalf that incept or renew each calendar year from 2025 through 2032.
SentenceEffective April 1, 2025, our captive reinsurer provides reinsurance coverage for the Reciprocal for risks with low earnings volatility, such as non-catastrophic weather quota share.
PRCH 10-Kaccession 0001784535-26-000008
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NewsExpected move
Inputsspot 20.56exp Feb 19ATM strike 20ATM straddle 5.53IV 62%