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    Doma 1-for-25 Reverse Stock Split to Become Effective on June 29, 2023 at 11  133  0 Kommentare 59 p.m. (Eastern Daylight Time)

    Doma Holdings, Inc. (NYSE: DOMA) (“Doma” or the “Company”) today announced that it had filed a Certificate of Amendment to its Certificate of Incorporation with the Secretary of State of the State of Delaware to effect the previously announced 1-for-25 reverse stock split of the Company’s common stock, par value $0.0001 per share (the “Common Stock”) and a corresponding reduction in authorized shares of capital stock of the Company (the “Reverse Stock Split”). The Reverse Stock Split and corresponding capital stock adjustment will become effective at 11:59 p.m. Eastern Daylight Time on Thursday, June 29, 2023. The Common Stock will begin trading on a split-adjusted basis when the markets open on Friday, June 30, 2023, under the existing trading symbol “DOMA” and new CUSIP number: 25703A 203.

    As a result of the Reverse Stock Split, every 25 shares of the Company's issued and outstanding Common Stock will automatically be converted into one share of issued and outstanding Common Stock and the number of authorized shares will be adjusted on the same split adjusted basis. No fractional shares will be issued as a result of the Reverse Stock Split. Instead, stockholders who otherwise would be entitled to receive fractional shares of Common Stock will be entitled to receive cash. The Reverse Stock Split affects all stockholders uniformly and will not alter any stockholder's percentage interest in the Company's outstanding Common Stock, except for adjustments that may result from the treatment of fractional shares. All outstanding options, warrants, restricted stock units, and similar securities entitling their holders to receive or purchase shares of Common Stock will be adjusted as a result of the Reverse Stock Split, as required by the terms of each security.

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    Prior to the Reverse Stock Split, the Company has outstanding (i) publicly issued warrants listed on the New York Stock Exchange to purchase a total of 11,500,000 shares of Common Stock (the “public warrants”) and (ii) privately placed warrants to purchase a total of 5,833,333 shares of Common Stock (the “private placement warrants” and, together with the public warrants, the “Warrants”), with each whole Warrant being exercisable to purchase one share of Common Stock at $11.50 per share. The Warrants will be adjusted as a result of the Reverse Stock Split in accordance with the terms of the Warrants. After giving effect to the Reverse Stock Split, the Warrants will be exercisable for a total of approximately 693,333 shares of Common Stock with an exercise price of $287.50 per share.

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    Doma 1-for-25 Reverse Stock Split to Become Effective on June 29, 2023 at 11 59 p.m. (Eastern Daylight Time) Doma Holdings, Inc. (NYSE: DOMA) (“Doma” or the “Company”) today announced that it had filed a Certificate of Amendment to its Certificate of Incorporation with the Secretary of State of the State of Delaware to effect the previously announced …