SEC Form DEFM14A filed by Doma Holdings Inc.

Doma Holdings, Inc. (NYSE:DOMA), a leading force for innovation in the real estate industry, today announced that it has closed on its previously announced plan of merger (the "transaction") with Title Resources Group ("TRG"), one of the nation's leading title insurance underwriters, following the receipt of all required stakeholder approvals. Doma's underwriting division, Doma Title Insurance, Inc., will operate as a subsidiary of TRG. Doma's technology division, renamed Doma Technology LLC ("Doma TechCo"), will operate on a separately capitalized basis, with a new board chaired by mortgage technology leader Alan Colberg, former Chief Executive Officer of Assurant, Inc. TRG and Doma TechCo

Doma Holdings, Inc. (NYSE:DOMA) ("Doma" or the "Company"), a leading force for disruptive change in the real estate industry, today reported financial results and key operating data for the three months ended June 30, 2024. Second Quarter 2024 Business Highlights (1)(2): Total revenues of $78 million, up 18% versus Q1 2024 Retained premiums and fees of $15 million, up 13% versus Q1 2024 Gross profit of $5 million, up 23% versus Q1 2024 Adjusted gross profit of $8 million, up 15% versus Q1 2024 Net loss of $19 million, compared to a net loss of $19 million in Q1 2024 Adjusted EBITDA loss of $3 million, compared to a loss of $6 million in Q1 2024 "We are pleased wi

With real estate fraud and forgery at an all-time high, Doma Title Insurance, Inc., the nation's 8th largest title insurer, has partnered with Intellicheck, an industry leader in digital and physical identity validation solutions, to offer Doma's independent title agents and approved attorneys a tool to detect seller impersonation. Doma is providing its agent and attorney customers with access to Intellicheck's web-based solution that validates, analyzes, matches and de-risks the identification credentials of parties involved in a real estate transaction. The powerful tool is being offered at no cost to Doma agents who are signing documents as part of a Doma-insured transaction. "Doma a

JMP Securities analyst Matthew Carletti downgrades Doma Holdings (NYSE:DOMA) from Market Outperform to Market Perform.

Doma Holdings (NYSE:DOMA) reported quarterly losses of $(1.50) per share which beat the analyst consensus estimate of $(1.56) by 3.85 percent. This is a 53.85 percent increase over losses of $(3.25) per share from the same period last year. The company reported quarterly sales of $66.00 million which missed the analyst consensus estimate of $72.56 million by 9.04 percent. This is a 11.25 percent decrease over sales of $74.37 million the same period last year.

JMP Securities analyst Matthew Carletti reiterates Doma Holdings (NYSE:DOMA) with a Market Outperform and maintains $20 price target.

Doma Holdings, Inc. (NYSE:DOMA), a leading force for disruptive change in the real estate industry, today announced the appointment of Mike Smith as Chief Financial Officer (CFO) as of July 19, 2022. Previously, Mike was serving as the company's Chief Accounting Officer and Acting Chief Financial Officer, building on his experience at Doma and extensive background as a senior finance executive. "The promotion of Mike to Chief Financial Officer is a testament to his financial leadership and extensive experience at the company, and beyond. He is an invaluable addition to our leadership team," said Max Simkoff, Doma CEO. "Doma is grateful for Mike's contributions to the company thus far and I