Item 7.01 Regulation FD Disclosure.

Lemonade, Inc. ("Lemonade") is aware of media reports indicating liquidity concern at Silicon Valley Bank ("SVB"). Lemonade considers its exposure to any liquidity concern at SVB as immaterial given that it currently has less than $7,000 in cash at SVB, which is significantly below the FDIC-insured limit of $250,000. We believe our cash and assets are well diversified to minimize risk, and Lemonade uses large financial institutions for its commercial banking services that are not currently exposed to liquidity risk.

The information in this Item 7.01 is being furnished and shall not be deemed "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that Section. The information in this Item 7.01 shall not be incorporated by reference into any Exchange Act filing or registration statement or other document pursuant to the Securities Act of 1933, as amended, except as expressly provided by specific reference in such a filing.

Forward-Looking Statements Lemonade cautions you that statements included in this report that are not a description of historical facts are forward-looking statements. These forward-looking statements include statements regarding any liquidity concern and liquidity risk. The inclusion of forward-looking statements should not be regarded as a representation by Lemonade that any of these results will be achieved. Actual results may differ from those set forth in this report due to the risks and uncertainties associated with liquidity concerns and risks, as well as risks and uncertainties inherent in Lemonade's business, including those described under the caption "Risk Factors" in Lemonade's Annual Report on Form 10-K for the fiscal year ended December 31, 2022 and in other filings with the Securities Exchange Commission. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof, and Lemonade undertakes no obligation to revise or update this report to reflect events or circumstances after the date hereof. All forward-looking statements are qualified in their entirety by this cautionary statement. This caution is made under the safe harbor provisions of Section 21E of the Private Securities Litigation Reform Act of 1995.

--------------------------------------------------------------------------------

© Edgar Online, source Glimpses