Listing Alert

MIAX Pearl

September 29, 2022 | 05:46 PM

MIAX Exchange Group - Options Markets - Corporate Action Alert: Hippo Holdings Inc. (HIPO)

Hippo Holdings Inc. (HIPO) has announced a reverse split effective for Friday, September 30, 2022. On that date, the current HIPO option class will change to HIPO1.  The MIAX Options Exchange, MIAX Pearl Options Exchange and MIAX Emerald Options Exchange will not list HIPO1 options. Therefore, no options on HIPO will be available for trading on Friday, September 30, 2022. 

Hippo Holdings Inc. (HIPO) will resume trading on the MIAX Options Exchange, MIAX Pearl Options Exchange and MIAX Emerald Options Exchange on Monday, October 3, 2022.

All GTC orders resting on the MIAX order books in HIPO will be canceled at the close of business on Thursday, September 29, 2022.

Additional details about the Hippo Holdings Inc. (HIPO) split are provided in the attached OCC Memo.

Please contact MIAX Options Listings with any questions at Listings@miaxglobal.com or (609) 897-7308.