關於前瞻性陳述的警示聲明
本招股説明書、任何招股説明書補充文件以及通過引用納入本文的文件包含1995年《私人證券訴訟改革法案》定義的前瞻性陳述。雖然我們認為，我們在這些前瞻性陳述中反映或建議的計劃、意圖和期望是合理的，但我們不能向您保證我們將實現
或實現這些計劃、意圖或期望。前瞻性陳述固有地受到風險、不確定性、假設和其他因素的影響，這些因素可能導致實際結果與
此類前瞻性陳述中明示或暗示的結果存在重大差異。一般而言，非歷史事實的陳述，包括有關我們可能或假設的未來行動、業務策略、事件或經營結果的陳述，均為前瞻性陳述。
這些陳述的前面、後面可能加上或包含以下詞語：相信、預計項目、預計預測、預計可能、預計將、預計將、預計
預計、預計或類似表述。
These
forward-looking statements are based upon estimates and assumptions that, while considered reasonable by the Company and its management at the time they are made, are inherently uncertain. Factors that may cause actual results to differ materially
from current expectations include, but are not limited to: (1) expansion plans and opportunities, and managing growth, to build a consumer brand; (2) the incidence, frequency, and severity of weather events, extensive wildfires, and other
catastrophes; (3) economic conditions, especially those affecting the housing, insurance, and financial markets; (4) expectations regarding revenue, cost of revenue, operating expenses, and the ability to achieve and maintain future
profitability; (5) existing and developing federal and state laws and regulations, including with respect to insurance, warranty, privacy, information security, data protection, and taxation, and managements interpretation of and
compliance with such laws and regulations; (6) the Companys reinsurance program, which includes the use of a captive reinsurer, the success of which is dependent on a number of factors outside managements control, along with
reliance on reinsurance to protect against loss; (7) the uncertainty and significance of the known and unknown effects on the Companys insurance carrier subsidiary, Homeowners of America Insurance Company (HOA), and the
Company due to the termination of a reinsurance contract following the fraud committed by Vesttoo Ltd. (Vesttoo), including, but not limited to, the outcome of Vesttoos Chapter 11 bankruptcy proceedings; the Companys ability
to successfully pursue claims arising out of the fraud, the costs associated with pursuing the claims, and the timeframe associated with any recoveries; HOAs ability to obtain and maintain adequate reinsurance coverage against excess losses;
HOAs ability to stay out of regulatory supervision and maintain its financial stability rating; and HOAs ability to maintain a healthy surplus; (8) uncertainties related to regulatory approval of insurance rates, policy forms,
insurance products, license applications, acquisitions of businesses, or strategic initiatives, including the reciprocal restructuring, and other matters within the purview of insurance regulators; (9) reliance on strategic, proprietary
relationships to provide the Company with access to personal data and product information, and the ability to use such data and information to increase transaction volume and attract and retain customers; (10) the ability to develop new, or
enhance existing, products, services, and features and bring them to market in a timely manner; (11) changes in capital requirements, and the ability to access capital when needed to provide statutory surplus; (12) our ability to timely
repay our outstanding indebtedness; (13) the increased costs and initiatives required to address new legal and regulatory requirements arising from developments related to cybersecurity, privacy, and data governance and the increased costs and
initiatives to protect against data breaches, cyber-attacks, virus or malware attacks, or other infiltrations or incidents affecting system integrity, availability, and performance; (14) retaining and attracting skilled and experienced
employees; (15) costs related to being a public company; and (16) other risks and uncertainties discussed in Part I, Item 1A, Risk Factors, in the Companys Annual Report on Form
10-K for the year ended December 31, 2023, as well as those discussed in subsequent reports filed with the SEC, all of which are available on the SECs website at www.sec.gov.
本招股説明書、任何招股説明書補充文件或本文所包含的文件中的任何內容均不應被視為任何
人士表示將實現本文所述的前瞻性陳述，或該等前瞻性陳述的任何預期結果將實現。您不應過分依賴前瞻性陳述，這些陳述
僅在作出日期。除非另有特別説明，本招股説明書、任何招股説明書補充文件以及通過引用方式納入本文的文件中的前瞻性陳述並不反映截至發佈日期尚未完成的任何
資產剝離、合併、收購或其他業務合併的潛在影響。公司不承擔任何責任更新這些前瞻性陳述，無論是由於情況的變化、
新信息、未來事件或其他原因，除非法律要求。
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