Hagerty, Inc. current report, 07 May 2024

Hagerty, Inc. Form 8-K Summary

Business Context and Reporting Period

Hagerty, Inc. filed this Current Report on May 7, 2024, to announce financial results for the fiscal quarter ended March 31, 2024. Hagerty’s Class A common stock and warrants trade on the New York Stock Exchange under HGTY and HGTY.WS, respectively. The company is an emerging growth company.

Financial Results and Key Metrics

The filing states that quarterly financial results were released through a stockholder letter and press release, attached as Exhibits 99.1 and 99.2. The filing text provided does not include clear values for revenue, profit or loss, cash flow, margins, debt, liquidity, or other financial metrics.

Material Changes Versus the Prior Comparable Period

The filing text does not provide a clear comparison with the quarter ended March 31, 2023 or any quantified year-over-year changes.

Guidance, Outlook, Risks, and Unusual Items

  • The company scheduled a conference call on May 7, 2024, to discuss the results for the three months ended March 31, 2024.
  • An investor presentation dated May 7, 2024 was posted to the company’s investor relations website and attached as Exhibit 99.3.
  • The filing directs investors to monitor the company’s investor relations website, press releases, SEC filings, and public conference calls and webcasts for disclosures.
  • No specific guidance, outlook, material risk update, contingency, or unusual item is described in the filing text provided.
  • Information furnished under Items 2.02 and 7.01, including Exhibits 99.1, 99.2, and 99.3, is not deemed filed for Section 18 liability purposes and is not incorporated by reference unless expressly stated.

Important Facts for Investors to Verify

  • Review Exhibits 99.1, 99.2, and 99.3 for the actual quarterly financial results, operating metrics, management commentary, and any guidance.
  • Verify revenue, profitability, cash flow, margins, debt, liquidity, and year-over-year changes from the accompanying earnings materials or subsequent periodic filing.
  • Review the May 7, 2024 conference call and investor presentation for outlook assumptions, risks, and non-GAAP measures.
  • Monitor Hagerty’s investor relations website and future SEC filings for updates.