Metromile Announces Stockholder Approval of Merger Agreement with Lemonade

SAN FRANCISCO, Feb. 01, 2022 (GLOBE NEWSWIRE) -- Metromile (NASDAQ: MILE, MILEW) (the “Company”), a leading digital insurance platform and pay-per-mile auto insurer, announced that at the Special Meeting of Stockholders held today, the Company’s stockholders approved a proposal to adopt the merger agreement entered into with Lemonade, Inc. (NYSE: LMND) to acquire Metromile in an all-stock transaction (the “merger proposal”).

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