{"filing":{"accession_number":"0001691421-26-000041","cik":"0001691421","ticker":"LMND","company_name":"Lemonade, Inc.","form":"8-K","filing_date":"2026-06-24","report_date":null,"primary_document":"lmnd-20260622.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/1691421/000169142126000041/lmnd-20260622.htm"},"events":[{"id":13375,"run_id":11879,"accession_number":"0001691421-26-000041","anchor_item_number":"1.01","event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.85,"summary":"Lemonade entered into a New Business Financing Agreement with Hannover Re providing up to $250 million in outstanding capital for sales and marketing growth efforts through 2028, structured as a financing facility with repayment terms based on premium collections and a specified rate of return (three-year Treasury Bill rate plus 5.8%).","company_name":"Lemonade, Inc.","ticker":"LMND","filing_date":"2026-06-24","form":"8-K","submitted_at":null,"items":[{"id":10501,"accession_number":"0001691421-26-000041","item_number":"1.01","item_title":null,"event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.85,"reasoning":"Lemonade entered into a New Business Financing Agreement with Hannover Re providing up to $250 million in outstanding capital for sales and marketing growth efforts through 2028. This creates a direct financial obligation with defined repayment terms based on premium collections and a specified rate of return (three-year Treasury Bill rate plus 5.8%), structured as a financing facility. While the instrument has characteristics of both debt and a contingent financing arrangement, it represents a material creation of a new direct financial obligation that would affect investor assessment of the company's capital structure and leverage.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-06-24T12:02:47.205302+00:00","company_name":"","ticker":null,"filing_date":""},{"id":10502,"accession_number":"0001691421-26-000041","item_number":"2.03","item_title":null,"event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.65,"reasoning":"Item 2.03 is filed and incorporates Item 1.01 by reference, indicating a material acquisition, disposition, merger, or change of control that creates a direct financial obligation. While the specific details are not provided in this excerpt, the filing of Item 2.03 combined with the cross-reference to Item 1.01 suggests a debt issuance or similar financial obligation. The moderate confidence reflects the lack of explicit detail in the provided text.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-06-24T12:02:47.205302+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":10501,"accession_number":"0001691421-26-000041","item_number":"1.01","item_title":null,"event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.85,"reasoning":"Lemonade entered into a New Business Financing Agreement with Hannover Re providing up to $250 million in outstanding capital for sales and marketing growth efforts through 2028. This creates a direct financial obligation with defined repayment terms based on premium collections and a specified rate of return (three-year Treasury Bill rate plus 5.8%), structured as a financing facility. While the instrument has characteristics of both debt and a contingent financing arrangement, it represents a material creation of a new direct financial obligation that would affect investor assessment of the company's capital structure and leverage.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-06-24T12:02:47.205302+00:00","company_name":"Lemonade, Inc.","ticker":"LMND","filing_date":"2026-06-24"},{"id":10502,"accession_number":"0001691421-26-000041","item_number":"2.03","item_title":null,"event_type":"debt_issuance","event_domain":"financial","is_material":true,"confidence":0.65,"reasoning":"Item 2.03 is filed and incorporates Item 1.01 by reference, indicating a material acquisition, disposition, merger, or change of control that creates a direct financial obligation. While the specific details are not provided in this excerpt, the filing of Item 2.03 combined with the cross-reference to Item 1.01 suggests a debt issuance or similar financial obligation. The moderate confidence reflects the lack of explicit detail in the provided text.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-06-24T12:02:47.205302+00:00","company_name":"Lemonade, Inc.","ticker":"LMND","filing_date":"2026-06-24"}]}