TIPTREE INC. (NASDAQ:TIPT) Files An 8-K Results of Operations and Financial Condition

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TIPTREE INC. (NASDAQ:TIPT) Files An 8-K Results of Operations and Financial Condition
Item 2.02

Results of Operations and Financial Condition.

On August 7, 2017, Tiptree Inc. (the “Company” or “Tiptree”) issued a press release announcing its results of operations for the quarter ended June30, 2017. A copy of the press release is furnished as Exhibit 99.1 hereto and incorporated herein by reference.

Item 2.02

Regulation FD Disclosure.

Included in the press release furnished as Exhibit 99.1 was an announcement that the board of directors of the Company has declared a cash dividend of $0.03 per share to Tiptree’s Class A stockholders and Tiptree Financial Partners, L.P.’s limited partners on an as exchanged basis, with a record date of August21, 2017 and a payment date of August28, 2017.

OnAugust 7, 2017, the Company posted an investor presentation dated August 2017 on the Investor Resources section of www.tiptreeinc.com. The investor presentation is furnished as Exhibit 99.2 to this Form 8-K and incorporated herein by reference. Tiptree’s website is not intended to function as a hyperlink, and the information contained on such website is not a part of this Form 8-K.

The information in Items2.02 and 7.01 of this Current Report on Form 8-K, including the information contained in Exhibits 99.1 and 99.2, shall not be deemed “filed” for the purposes of Section18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities under that Section. Furthermore, the information in Items2.02 and 7.01 of this Current Report on Form 8-K, including the information contained in Exhibits 99.1 and 99.2, shall not be deemed to be incorporated by reference into the filings of the Company under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.

On August3, 2017, the Board authorized the Company or its subsidiaries to purchase up to $10 million of Class A common stock in the aggregate at the discretion of the Company’s Executive Committee. The Company expects the share purchases to be made from time to time in the open market or through privately negotiated transactions, or otherwise, subject to applicable laws and regulations. The timing of the share purchases will depend on a variety of factors, including market conditions, and the Company may purchase less than the aggregate dollar amount of Class A common stock indicated above.

The above authorization replaces the prior authorization the Board granted the Company on November 7, 2016 to purchase up to $10 million of Class A common stock in the aggregate at the discretion of the Company’s Executive Committee.

Item 2.02

Financial Statements and Exhibits.

(d) List of Exhibits:

99.1Tiptree Inc. press release, dated August 7, 2017

99.2Tiptree Inc. Investor Presentation – August 2017


TIPTREE INC. Exhibit
EX-99.1 2 ex9916302017er.htm EXHIBIT 99.1 Exhibit Exhibit 99.1TIPTREE REPORTS SECOND QUARTER 2017 RESULTS•Revenues of $157.9 million for the quarter,…
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About TIPTREE INC. (NASDAQ:TIPT)

Tiptree Inc., formerly Tiptree Financial Inc., is a diversified holding company that acquires and manages controlling interests of operating businesses. The Company conducts its operations through Tiptree Operating Company, LLC (the Operating Company). It operates through five segments: insurance and insurance services, specialty finance, real estate, asset management, and corporate and other. The insurance and insurance services segment operates through Fortegra Financial Corporation. The specialty finance segment operates through Siena Capital Finance LLC and Luxury Mortgage Corp. The real estate segment operates through Care LLC. The asset management segment operations include Telos Asset Management’s management of collateralized loan obligations and Muni Capital Management’s management of Non-Profit Preferred Funding Trust I. The corporate and other segment operations include Tiptree Direct Holdings LLC (TDH) and Muni Funding Company of America LLC (MFCA).