Lemonade

Lemonade Announces Upsizing and Pricing of Public Offering of Common Stock

Thursday, January 14, 2021 - 1:41am

Lemonade, Inc. (Lemonade) (NYSE: LMND), the insurance company powered by artificial intelligence and behavioral economics, today announced the pricing of the underwritten public offering of 3,300,000 shares of its common stock by Lemonade (the Primary Offering) and 1,524,314 shares of its common stock by certain selling stockholders (the Secondary Offering and together with the Primary Offering, the Offering), at a price to the public of $165.00 per share.

Key Points: 
  • Lemonade, Inc. (Lemonade) (NYSE: LMND), the insurance company powered by artificial intelligence and behavioral economics, today announced the pricing of the underwritten public offering of 3,300,000 shares of its common stock by Lemonade (the Primary Offering) and 1,524,314 shares of its common stock by certain selling stockholders (the Secondary Offering and together with the Primary Offering, the Offering), at a price to the public of $165.00 per share.
  • The Offering was upsized from the previously announced offering size of 4,524,314 shares.
  • The underwriters will also have 30-day options to purchase up to an additional 723,647 shares of Lemonades common stock from Lemonade.
  • Lemonade is currently available for most of the United States, Germany, the Netherlands and France and continues to expand globally.

Lemonade Announces Proposed Public Offering of Common Stock

Monday, January 11, 2021 - 9:54pm

Lemonade, Inc. (Lemonade) (NYSE:LMND), the insurance company powered by artificial intelligence and behavioral economics, today announced that it intends to offer 3,000,000 shares of its common stock for sale in an underwritten public offering (the Primary Offering).

Key Points: 
  • Lemonade, Inc. (Lemonade) (NYSE:LMND), the insurance company powered by artificial intelligence and behavioral economics, today announced that it intends to offer 3,000,000 shares of its common stock for sale in an underwritten public offering (the Primary Offering).
  • Certain selling stockholders of Lemonade also intend to offer 1,524,314 shares of Lemonades common stock for sale in the offering (the Secondary Offering and together with the Primary Offering, the Offering).
  • Lemonade also intends to grant the underwriters 30-day options to purchase up to an additional 678,647 shares of Lemonades common stock.
  • Lemonade will not receive any proceeds from the sale of shares by the selling stockholders in the Secondary Offering.

Bud Light Seltzer Expands Product Line-Up With Newest Innovation, Bud Light Seltzer Lemonade

Friday, January 8, 2021 - 2:00pm

NEW YORK, Jan. 8, 2021 /PRNewswire/ --Today, Bud Light Seltzer is helping fans kick-off the New Year with a ton of flavor and fun, by announcing the addition of a new product to its successful portfolio Bud Light Seltzer Lemonade.

Key Points: 
  • NEW YORK, Jan. 8, 2021 /PRNewswire/ --Today, Bud Light Seltzer is helping fans kick-off the New Year with a ton of flavor and fun, by announcing the addition of a new product to its successful portfolio Bud Light Seltzer Lemonade.
  • Packed with lemonade taste, the new variety pack features four delicious new flavors, including Original Lemonade, Black Cherry Lemonade, Strawberry Lemonade and Peach Lemonade.
  • We are excited to continue expanding our portfolio with the new Bud Light Seltzer Lemonade variety pack," said Andy Goeler, Vice President of Marketing, Bud Light.
  • The playful controversy results in angering their grannies for choosing Bud Light Seltzer Lemonade over their own recipes, ending in mischievous consequences.

Lemonade Ends 2020 With Over One Million Active Customers

Thursday, December 31, 2020 - 1:46pm

Lemonade , the insurance company powered by artificial intelligence and behavioral economics, announced it has more than one million customers.

Key Points: 
  • Lemonade , the insurance company powered by artificial intelligence and behavioral economics, announced it has more than one million customers.
  • View the full release here: https://www.businesswire.com/news/home/20201231005145/en/
    Years Until One Million Customers (Graphic: Business Wire)
    Were proud to hit the one million customer mark so early in the life of the company, said Shai Wininger, Lemonade co-founder and COO.
  • At Lemonade, one million customers translates into billions of data points, which feed our AI at an ever-growing speed.
  • All statements contained in this press release that do not relate to matters of historical fact should be considered forward-looking statements, including statements regarding the anticipated impact of acquiring one million active customers.

Emilia Pedersen Releases Second Single, Missing Myself

Friday, December 18, 2020 - 3:00pm

LOS ANGELES, Dec. 18, 2020 /PRNewswire-PRWeb/ --Emilia Pedersen, releases her second pop single, "Missing Myself".

Key Points: 
  • LOS ANGELES, Dec. 18, 2020 /PRNewswire-PRWeb/ --Emilia Pedersen, releases her second pop single, "Missing Myself".
  • "Missing Myself" is about character evolution and becoming reliant on yourself and not others.
  • Speaking about her new track, Emilia says, "I enjoy creating music that people can relate to and I love writing about different stories.
  • Follow Emilia on social media for more information and future releases.

 Lemonade Wins #FreeThePink Case Against Deutsche Telekom in France

Wednesday, December 16, 2020 - 6:13pm

Lemonade , the insurance company powered by artificial intelligence and behavioral economics, announced it has won a key ruling against Deutsche Telekom over the use of the color pink in France.

Key Points: 
  • Lemonade , the insurance company powered by artificial intelligence and behavioral economics, announced it has won a key ruling against Deutsche Telekom over the use of the color pink in France.
  • In deference to the court, Lemonade made the color changes in Germany, but in defiance of Deutsche Telekom, Lemonade set out to challenge the scope of their magenta trademark, starting in France and Germany, as well as very validity of their pan-European magenta trademark.
  • The French decision hopefully signals a turning point in the battle to stop trademark trolling by Deutsche Telekom and T-Mobile, said Daniel Schreiber, Lemonade CEO and cofounder.
  • Lemonade is currently available for most of the United States, Germany, the Netherlands and France and continues to expand globally.

Lemonade Launches in France

Tuesday, December 8, 2020 - 6:00am

Residents of France can now get renters insurance instantly, anytime, and from any device as well as file claims and get paid in seconds through the Lemonade app.

Key Points: 
  • Residents of France can now get renters insurance instantly, anytime, and from any device as well as file claims and get paid in seconds through the Lemonade app.
  • Home insurance is often legally required in France, which makes it a compelling opportunity for Lemonades next European country launch, said Daniel Schreiber, Lemonade CEO and co-founder.
  • Lemonade offers renters, homeowners, and pet health insurance in the United States, contents and liability insurance in Germany and the Netherlands, and renters insurance in France, through its full-stack insurance carriers.
  • Lemonade is currently available for most of the United States, Germany, the Netherlands and France and continues to expand globally.

Lemonade CEO Daniel Schreiber to Present at the Goldman Sachs Financial Services Conference

Monday, December 7, 2020 - 10:44pm

Daniel Schreiber, CEO and cofounder of Lemonade (NYSE: LMND), will present at the Goldman Sachs U.S. Financial Services Conference on Wednesday, December 9, 2020.

Key Points: 
  • Daniel Schreiber, CEO and cofounder of Lemonade (NYSE: LMND), will present at the Goldman Sachs U.S. Financial Services Conference on Wednesday, December 9, 2020.
  • The virtual fireside chat will be livestreamed here and a replay of the webcast will be available on investor.lemonade.com shortly after the event.
  • Lemonade CFO Tim Bixby will present at the Barclays Global Technology, Media and Telecommunications Conference on Thursday, December 10, 2020.
  • Lemonade is currently available for most of the United States, Germany, the Netherlands and France and continues to expand globally.

Wow Wow Hawaiian Lemonade Announces Multi-Unit Franchise Expansion in Home State

Tuesday, November 17, 2020 - 2:39pm

TUCSON, Ariz., Nov. 17, 2020 /PRNewswire/ -- Wow Wow Hawaiian Lemonade (Wow Wow), known for its fresh, healthful menu items and focus on sustainability, has signed a multi-unit franchise agreement to bring three gourmet lemonade stands to Tucson and the surrounding communities.

Key Points: 
  • TUCSON, Ariz., Nov. 17, 2020 /PRNewswire/ -- Wow Wow Hawaiian Lemonade (Wow Wow), known for its fresh, healthful menu items and focus on sustainability, has signed a multi-unit franchise agreement to bring three gourmet lemonade stands to Tucson and the surrounding communities.
  • Jeff and Laura Laird's journey to bring Wow Wow to Tucson dates back a few years to a family vacation on the Hawaiian Islands.
  • On top of fresh and healthful products, Wow Wow Hawaiian Lemonades is fervently committed to sustainability.
  • About Wow Wow Hawaiian Lemonades:
    Wow Wow Hawaiian Lemonades offers fresh, all-natural Hawaiian lemonades and smoothies and a food menu consisting of acai bowls and multigrain avocado and nut butter toasts.

Lemonade Day to Deliver Entrepreneurial Education to More Youth

Tuesday, November 17, 2020 - 2:22pm

Coinciding with National Entrepreneurs Day, Lemonade Day is proud to announce that its innovative programming will now benefit more young people in underserved communities.

Key Points: 
  • Coinciding with National Entrepreneurs Day, Lemonade Day is proud to announce that its innovative programming will now benefit more young people in underserved communities.
  • Were delighted that Lemonade Day, working in concert with afterschool programs, will bring these opportunities to more of our youth.
  • We are grateful for the generosity of the Mott Foundation, said Lemonade Day National Board Chair Charlie Hamilton.
  • Mentors teach the Lemonade Day lessons through workbooks and its new online platform; an app called My Lemonade Day.