3 unchanged sentences
Prior to that time, there was no public market for our common stock.
−Removed: As of February 20, 2025, there were approximately 54 holders of record of our common stock.
+Added: As o f February 24, 2026, there were approximately 44 holders of record of our common stock.
Dividend Policy
We currently intend to retain all available funds and any future earnings to fund the development and growth of our business and to potentially repay any indebtedness and, therefore, we do not anticipate paying any cash dividends in the foreseeable future.
−Removed: Additionally, because we are a holding company, our ability to pay dividends on our common stock may be limited by restrictions on the ability of our subsidiaries to pay dividends or make distributions to us.
+Added: Additionally, because we are a holding company, our ability to pay dividends on our common stock may be limited by restrictions on the ability of our regulated insurance subsidiaries to pay dividends or make distributions to us.
Any future determination to pay dividends will be at the discretion of our Board, subject to compliance with covenants in current and future agreements governing our and our subsidiaries’ indebtedness, and will depend on our results of operations, financial condition, capital requirements and other factors that our Board may deem relevant.
18 unchanged sentences
Recent Sales of Unregistered Securities
−Removed: Use of Proceeds from Public Offering of Common Stock
−Removed: On March 25, 2021, our Registration Statement on Form S-1 (SEC File No.
−Removed: 333-253824) for the initial public offering of 27,200,000 shares of common stock was declared effective by the Securities and Exchange Commission.
−Removed: Our common stock began trading on March 26, 2021 on Nasdaq under the ticker symbol “ALHC.” The IPO closed on March 30, 2021, with us selling 21,700,000 shares of common stock and certain selling stockholders selling 5,500,000 shares of common stock, in each case at a price to the public of $18.00 per share.
−Removed: On April 6, 2021, pursuant to a partial exercise of the underwriters’ over-allotment option, certain selling stockholders sold an additional 3,314,216 shares of common stock at the IPO price.
−Removed: In the aggregate, the IPO generated approximately $361.6 million in net proceeds for the Company, which amount is net of approximately $24.4 million in underwriters’ discounts and commissions and offering costs of approximately $4.6 million.
−Removed: The IPO commenced on March 25, 2021 and terminated upon the partial exercise of the underwriters’ over-allotment options as described above.
−Removed: The representatives of the several underwriters of the IPO were Goldman Sachs & Co.
−Removed: LLC and Morgan Stanley & Co.
−Removed: There has been no material change in the use of proceeds described in the final IPO prospectus filed with the SEC on March 29, 2021.
−Removed: We may use a portion of our net proceeds to acquire or invest in complementary businesses, products, services or technologies.
Purchase of Equity Securities by the Issuer and Affiliated Purchasers
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.