Porch Group Files 8-K on Financials

Ticker: PRCH · Form: 8-K · Filed: 2024-03-07T00:00:00.000Z

Sentiment: neutral

Topics: financial-condition, results-of-operations, sec-filing

TL;DR

Porch Group dropped an 8-K on March 7th detailing their financials. Check it out.

AI Summary

Porch Group, Inc. filed an 8-K on March 7, 2024, to report on its results of operations and financial condition. The filing also includes Regulation FD disclosures and financial statements. The company, formerly known as PropTech Acquisition Corp, is headquartered in Seattle, Washington.

Why It Matters

This filing provides crucial updates on Porch Group's financial performance and operational status, which is important for investors to assess the company's health and future prospects.

Risk Assessment

Risk Level: medium — As an 8-K filing detailing financial condition, it can contain significant information that may impact the stock price, requiring careful investor review.

Key Players & Entities

FAQ

What specific financial information is being disclosed in this 8-K filing?

The filing indicates it pertains to 'Results of Operations and Financial Condition' and includes 'Financial Statements and Exhibits', but the specific details are within the attached documents.

When was Porch Group, Inc. previously known by another name?

The company was formerly known as PropTech Acquisition Corp, with a date of name change on August 5, 2019.

Where are Porch Group, Inc.'s principal executive offices located?

The principal executive offices are located at 411 1st Avenue S., Suite 501, Seattle, Washington 98104.

What is the SIC code for Porch Group, Inc.?

The Standard Industrial Classification (SIC) code for Porch Group, Inc. is 7372, which falls under SERVICES-PREPACKAGED SOFTWARE.

What is the SEC file number for Porch Group, Inc.?

The SEC file number for Porch Group, Inc. is 001-39142.

Filing Stats: 658 words · 3 min read · ~2 pages · Grade level 9.9 · Accepted 2024-03-07 16:05:10

Key Financial Figures

Filing Documents

02. Results of Operations and Financial Condition

Item 2.02. Results of Operations and Financial Condition. On March 7, 2024, Porch Group, Inc. (the "Company") issued an earnings release announcing financial results for its fourth quarter and full year ended December 31, 2023. The full text of the press release issued in connection with the announcement is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.

01. Regulation FD Disclosure

Item 7.01. Regulation FD Disclosure. On March 7, 2024, the Company will host an earnings call at 5:00 p.m. Eastern time to discuss its financial results for the quarter ended December 31, 2023. Live and archived webcasts of the presentation will also be available on the Company's investor relations website at https://ir.porchgroup.com. On March 7, 2024, the Company posted supplemental investor materials on its investor relations website. The Company uses its investor relations website as a means of disclosing material non-public information, announcing upcoming investor conferences and for complying with its disclosure obligations under Regulation FD. Accordingly, investors should monitor the Company's investor relations website in addition to following the Company's press releases, SEC filings and public conference calls and webcasts. The information in Items 2.02 and 7.01 of this Current Report on Form 8-K and Exhibit 99.1 attached hereto, shall not be deemed "filed" for 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, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such a filing.

01. Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 99.1 Press Release, dated March 7, 2024 . 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. PORCH GROUP, INC. By: /s/ Shawn Tabak Name: Shawn Tabak Title: Chief Financial Officer Date: March 7, 2024

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