Item 1. Security and Issuer
This Amendment No. 1 (“Amendment No. 1”) Schedule 13D relates to the Common Stock, $0.0001 par value per share (the “Common
Stock”), of Hippo Holdings Inc., a Delaware Corporation (the “Issuer”), and amends and supplements the initial statement on Schedule 13D filed on February 9, 2023 (as amended, the “Schedule 13D”). The principal
executive offices of the Issuer are located at 150 Forest Avenue, Palo Alto, CA 94301.
Except as specifically provided herein, this Amendment No. 1
does not modify any of the information previously reported in the Schedule 13D. Capitalized terms used but not defined in this Amendment No. 1 shall have the same meanings ascribed to them in the Schedule 13D.
This Amendment No. 1 is being filed to update the aggregate percentage of the Issuer’s Common Stock owned by the Reporting Person due to dilution
caused by the Issuer’s issuance of additional Common Stock from time to time since the date of the filing of the initial Schedule 13D and not in connection with a purchase or disposition of any Common Stock by the Reporting Person. The filing
of this Amendment No. 1 represents the final amendment to the Schedule 13D and constitutes an exit filing for the Reporting Persons.
Item 2. Identity and Background
Item 2 of this
Schedule 13D is hereby amended and supplemented as follows:
Mr. Noah Knauf, a Managing Member of BOND Capital Associates, LLC, no longer serves on
the Board of Directors of the Issuer.
Item 5. Interest in Securities of the Issuer
Items 5 (a), (b) and (e) of this Schedule 13D are hereby amended and restated as follows:
(a) and (b) Calculations of the percentage of the Common Stock beneficially owned are based on 24,310,892 shares of Common Stock outstanding as of
February 21, 2024, as set forth in the Issuer’s Annual Report on Form 10-K filed by the Issuer on March 6, 2024.
The aggregate number and percentage of the shares of Common Stock beneficially owned by each Reporting Person and, for each Reporting Person, the number of
shares as to which there is sole power to vote or to direct the vote, shared power to vote or to direct the vote, sole power to dispose or to direct the disposition, or shared power to dispose or to direct the disposition are set forth on rows 7
through 11 and row 13 of the cover pages of this Schedule 13D and are incorporated herein by reference.
As of the date hereof, BOND Capital Fund, LP
beneficially owns 1,200,128 shares of Common Stock and BOND Capital Founders Fund, LP beneficially owns 1,680 shares of Common Stock, all of which are held of record by BOND Capital Fund, LP as nominee for the BOND Funds. The general partner of the
Bond Funds is BOND Capital Associates, LLC. Ownership reflects the 1-for-25 reverse stock split of the Common Stock effective September 29, 2022.
(e) The Reporting Persons ceased to be the beneficial owners of more than five percent of the Issuer’s Common Stock. The filing of this Amendment
No. 1 represents the final amendment to the Schedule 13D and constitutes an exit filing for the Reporting Persons.
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