- Neptune Insurance Holdings Inc. filed its **second amended and restated certificate of incorporation** and its **second amended and restated bylaws** became effective on **October 2, 2025**, in connection with the closing of its **initial public offering** (IPO) of Class A common stock.  **[2067129_0001213900-25-097037_ea0260295-8k_neptune.htm:1]** 
- The company's authorized capital stock consists of **500,000,000** shares, including **480,000,000** shares of common stock (comprising **428,422,036** Class A Common Stock and **51,577,964** Class B Common Stock) and **20,000,000** shares of Preferred Stock.  **[2067129_0001213900-25-097037_ea026029501ex3-1_neptune.htm:0]** 
- The common stock features a **dual-class structure**, where each share of Class A Common Stock carries **one (1) vote** and each share of Class B Common Stock carries **ten (10) votes**.  **[2067129_0001213900-25-097037_ea026029501ex3-1_neptune.htm:2]** 
- The Board of Directors is **classified into three classes** with staggered terms, and directors can only be removed for cause by an affirmative vote of at least **two-thirds (2/3)** of the voting power of the outstanding capital stock.  **[2067129_0001213900-25-097037_ea026029501ex3-1_neptune.htm:10]**

Neptune Insurance Holdings (NP)