8-K
TWFG, Inc. (TWFG)
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): January 29, 2025
TWFG, Inc.
(Exact name of registrant as specified in its charter)
| Delaware | 001-42177 | 99-0603906 |
|---|---|---|
| (State or other jurisdiction<br><br>of incorporation) | (Commission<br>File Number) | (IRS Employer<br><br>Identification No.) |
| 10055 Grogans Mill Road<br><br>Suite 500<br><br>The Woodlands, Texas | 77380 | |
| (Address of principal executive offices) | (Zip Code) |
(281) 367-3424
(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:
| Title of each class | Trading<br>Symbol(s) | Name of each exchange<br>on which registered |
|---|---|---|
| Class A Common Stock, $0.01 par value | TWFG | 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. |
Item 7.01. Regulation FD Disclosure.
On January 29, 2025, the Company issued a press release announcing its expansion of branch locations into 15 new states. A copy of the press release is furnished herewith as Exhibit 99.1 hereto and is incorporated into this Item 7.01 by reference.
The information in this Item 7.01, including Exhibit 99.1, is being furnished and shall not be deemed “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall such information be deemed incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
| Exhibit<br>No. | Description of Exhibit |
|---|---|
| 99.1 | Press Release dated January 29, 2025 |
| 104 | Cover Page Interactive Data File (formatted as inline XBRL) |
SIGNATURES
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 hereunto duly authorized.
| TWFG, INC. | ||
|---|---|---|
| Date: January 29, 2025 | By: | /s/ Richard F. Bunch III |
| Name: | Richard F. Bunch III | |
| Title: | Chief Executive Officer |
twfgexpansionpressreleas
TWFG Insurance Contact: Alex Bunch alex@twfg.com 01/29/2025 TWFG Insurance Grows National Footprint With Expansion to 15 New States and 144 New Retail Locations in 2024 TWFG Insurance continues to expand nationally with Branch locations in 34 states, and its MGA with agents operating in 42 states, at year-end 2024. The Woodlands, TX TWFG Insurance has been expanding throughout the US, both through the recruitment of start- up agencies, and through strategic acquisitions. Insurance agents in CO, CT, ID, IN, MO, NV, NM, OR, SC, SD, TN, WA, UT, VT, and WY joined the TWFG Family in 2024. Katherine Nolan, TWFG’s Chief Operations Officer stated, “We start with cultural fit when evaluating new prospects to join TWFG, as integration into our brand, our business practices, and culture are crucial for long-term success. We seek out successful entrepreneurial insurance professionals who are committed to growth and serving their communities with Integrity.” Key acquisitions efforts across the country have also ushered in experienced leaders who are committed to building the next chapter of growth for TWFG Insurance. Gordy Bunch, Founder and CEO of TWFG Insurance stated, “The Insurance Industry has changed, but one thing never changes—the need to continually evolve and grow and to bring in passionate insurance professionals who want to be part of building a great company.” The Woodlands Financial Group, or TWFG Insurance, was founded in 2001, is licensed in all 50 states, and is a nationally recognized insurance services company based in The Woodlands, TX. There are currently 520 retail locations and 14 Corporate locations nationwide. To learn more about TWFG Insurance, visit www.twfg.com.