ADDED
Exhibits 79 Signatures 80 ii EXPLANATORY NOTE This Quarterly Report on Form 10-Q covers a period that includes a portion of time prior to the completion of our initial public offering (the IPO ) on May 9, 2025.
iii Special Note Regarding Forward-Looking Statements This Quarterly Report on Form 10-Q contains forward-looking statements.
and Subsidiaries Condensed Consolidated Statements of Cash Flows (Unaudited) (In thousands) Nine Months Ended September 30, 2025 2024 Supplemental disclosures of cash flow information Interest paid $ 19 $ 55 Income taxes paid $ 26,275 $ 1,000 See accompanying notes to unaudited condensed consolidated financial statements.
The following table is a reconciliation of cash, cash equivalents, and restricted cash reported within the Company s condensed consolidated balance sheets: September 30, 2025 December 31, 2024 Cash and cash equivalents $ 144,784 $ 173,220 Restricted cash 39,540 6,052 Total cash, cash equivalents and restricted cash shown in the Condensed Consolidated Statements of Cash Flows $ 184,324 $ 179,272 See accompanying notes to unaudited condensed consolidated financial statements.
Nature of Operations and Basis of Presentation Organization and Description of the Company American Integrity Insurance Group, Inc., a Delaware corporation (the Company ), was formed on January 15, 2025.
American Integrity Insurance Group, LLC, a Texas limited liability company ( AIIG ), was formed in 2006.
The unaudited condensed consolidated financial statements include the accounts of the Company and its wholly- owned subsidiaries, as well as variable interest entities ( VIE ) in which the Company is determined to be the primary beneficiary.
and Subsidiaries Notes to Condensed Consolidated Financial Statements (Unaudited) (Dollar amounts in thousands, except share and per share data, unless otherwise stated) The condensed consolidated financial statements for prior periods give effect to the Corporate Contribution discussed below, including the exchange of all 122,900 units of AIIG for an aggregate of 12,904,495 shares of Common Stock of the Company, which is equivalent to an overall exchange ratio of one-for- 105 .
The gross proceeds to the Company from the IPO were $ 100 million , and gross proceeds to the selling stockholders from the IPO were $ 10 million , before deducting underwriting discounts and commissions of $ 7 million .
The Company did not receive any gross proceeds from the sales of shares of Common Stock by the selling stockholders .
REMOVED
See accompanying notes to unaudited condensed consolidated financial statements.
See accompanying notes to unaudited condensed consolidated financial statements.
See accompanying notes to unaudited condensed consolidated financial statements.
See accompanying notes to unaudited condensed consolidated financial statements.
See accompanying notes to unaudited condensed consolidated financial statements.
and Subsidiaries Condensed Consolidated Statements of Cash Flows (Unaudited) (In thousands) The following table is a reconciliation of cash, cash equivalents, and restricted cash reported within the Company s Condensed Consolidated Balance Sheets: June 30, 2025 December 31, 2024 Cash and cash equivalents $ 259,609 $ 173,220 Restricted cash 17,214 6,052 Total cash, cash equivalents and restricted cash shown in the Condensed Consolidated Statements of Cash Flows $ 276,823 $ 179,272 See accompanying notes to unaudited condensed consolidated financial statements.
Nature of Operations and Basis of Presentation Organization and Description of the Company American Integrity Insurance Group, Inc., a Delaware corporation (the Company ), was formed on January 15, 2025, American Integrity Insurance Group, LLC, a Texas limited liability company ( AIIG ), was formed in 2006.
and Subsidiaries Notes to Condensed Consolidated Financial Statements (Unaudited) (Dollar amounts in thousands, except share and per share data, unless otherwise stated) The unaudited condensed consolidated financial statements include the accounts of the Company and its wholly-owned subsidiaries, as well as variable interest entities ( VIE ) in which the Company is determined to be the primary beneficiary.
The condensed consolidated financial statements for prior periods give effect to the Corporate Contribution discussed below, including the exchange of all 122,900 units of AIIG for an aggregate of 12,904,495 shares of Common Stock of the Company, which is equivalent to an overall exchange ratio of one-for-105.
The gross proceeds to the Company from the IPO were $ 100 million, and gross proceeds to the selling shareholders from the IPO were $ 10 million, before deducting underwriting discounts and commissions of $ 7 million.