8-K
CLOVER HEALTH INVESTMENTS, CORP. /DE (CLOV)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): October 31, 2025
CLOVER HEALTH INVESTMENTS, CORP.
(Exact name of Registrant as Specified in Its Charter)
| Delaware | 001-39252 | 98-1515192 | |||
|---|---|---|---|---|---|
| (State or Other Jurisdiction | (Commission File Number) | (IRS Employer | |||
| of Incorporation) | Identification No.) | Address Not Applicable(1) | Address Not Applicable(1) | ||
| --- | --- | ||||
| (Address of Principal Executive Offices) | (Zip Code) |
Not Applicable(1)
(Registrant’s Telephone Number, Including Area Code)
Not Applicable
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
| Trading | ||
|---|---|---|
| Title of each class | Symbol(s) | Name of each exchange on which registered |
| Class A Common Stock, par value $0.0001 per share | CLOV | The NASDAQ Stock Market LLC |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
(1) We are a remote-first company. Accordingly, we do not maintain a headquarters. For purposes of compliance with applicable requirements of the Securities Act of 1933, as amended, and the Securities Exchange Act of 1934, as amended, stockholder communications required to be sent to our principal executive offices may be directed to the email address: secretary@cloverhealth.com, or to our agent for service of process at The Corporation Trust Company, 1209 Orange Street, Wilmington, Delaware 19801.
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On October 31, 2025, Chelsea Clinton, a member of the Board of Directors (the “Board”) of Clover Health Investments, Corp. (the “Company”) and of the Talent and Compensation Committee and the Nominating and Corporate Governance Committee thereof, (collectively, the “Committees”), notified the Company of her intention to conclude her service on the Company’s Board and Committees effective as of October 31, 2025. Ms. Clinton’s decision to step down from the Board is not the result of any disagreement with the Company on any matter relating to its operations, policies or practices. The Board intends to fill the vacancy created by Ms. Clinton’s departure as soon as practicable. The authorized number of directors under the Company’s Bylaws will remain unchanged at nine directors, and the Board will continue to operate with two vacant seats following Ms. Clinton’s departure.
Item 9.01. Financial Statements and Exhibits.
(d) List of Exhibits
| Exhibit No. | Description |
|---|---|
| 99.1 | Press Release of the Company, dated October 31, 2025 |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
| Clover Health Investments, Corp. | |||
|---|---|---|---|
| Date: | October 31, 2025 | By: | /s/ Peter Kuipers |
| Name: | Peter Kuipers | ||
| Title: | Chief Financial Officer (Principal Financial Officer and Principal Accounting Officer) |
Document
Clover Health Announces Chelsea Clinton to Step Down from Board Following Eight Years of Service
WILMINGTON, Del. – October 31, 2025 – Clover Health Investments, Corp. (Nasdaq: CLOV) (“Clover,” “Clover Health” or the “Company”) today announced that Chelsea Clinton, the longest-serving member of its Board of Directors, having joined the Board in early 2017, will conclude her service as of October 31, 2025.
During her over eight years of dedicated service, Ms. Clinton played a pivotal role in guiding Clover’s evolution from a privately held company serving 30,000 members to a publicly traded organization serving more than 100,000 seniors across multiple states.
“Chelsea has been an invaluable voice on our Board since Clover’s earliest days,” said Vivek Garipalli, Executive Chairperson and founder of Clover Health. “Her perspective, insight, and steadfast commitment to our mission have helped shape Clover into the company it is today. On behalf of our Board, our leadership team, and all Clover employees, I want to thank Chelsea for her partnership and enduring support.”
“It has been a privilege to help guide Clover as it has evolved from a private company with a bold idea to use technology to improve healthcare, into a public company that’s delivering on that promise for more than 100,000 members,” said Chelsea Clinton. “Throughout the Company’s growth, it has maintained and strengthened its mission-driven culture, and expanded its impact in helping more physicians deliver better, truly patient-centered care. I have no doubt that Clover will continue to realize on its central purpose of improving patient care, patient well-being, and ultimately, patients’ lives.”
“Chelsea has played an integral role in Clover’s growth and evolution, helping us build the foundation for what Clover is today,” said Andrew Toy, Chief Executive Officer of Clover Health. “Her commitment to our mission and belief in the power of technology to improve care have shaped how we think and operate as a company. As we move forward, we’re grateful for her leadership and excited to continue advancing the work she helped set in motion.”
During her time on the Board, Ms. Clinton served on both the Talent & Compensation Committee and the Nominating and Corporate Governance Committee.
The Company remains committed to maintaining a strong, diverse, and experienced Board that continues to guide Clover’s ongoing growth and mission.
About Clover Health:
Clover Health (Nasdaq: CLOV) is a physician enablement technology company committed to bringing access to great healthcare to everyone on Medicare. This includes a focus on seniors who have historically lacked access to affordable, high-quality healthcare. Our strategy is powered by our software platform, Clover Assistant, which is designed to aggregate patient data from across the healthcare ecosystem to support clinical decision-making and improve health outcomes through the early identification and management of chronic disease. For our members, we provide PPO and HMO Medicare Advantage plans in several states, with a differentiated focus on our flagship wide-network, high-choice PPO plans. For healthcare providers outside Clover Health's Medicare Advantage plan, we extend the benefits of our data-driven technology platform to a wider audience via our subsidiary, Counterpart Health, and aim to enable enhanced patient outcomes and reduced healthcare costs on a nationwide scale. Clover Health has published data demonstrating the technology’s impact on Medication Adherence, Congestive Heart Failure, and Chronic Obstructive Pulmonary Disease as well as the earlier identification and management of Diabetes and Chronic Kidney Disease.
Investor Relations:
Ryan Schmidt
investors@cloverhealth.com
Press Inquiries:
press@cloverhealth.com