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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington , D.C. 20549 ( Mark One ) □ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15 ( d ) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31 , 2020 OR □ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 ( d ) OF THE SECURITIES EXCHANGE ACT OF 1934 Delaware ( State or other jurisdiction of incorporation or organization ) 80 E. Rich Street , Suite 500 Columbus , Ohio ( Address of principal executive offices ) FORM 10 - K Title of each class Class A common stock , $ 0.0001 par value per share For the transition period from to Commission file number 001-39658 ROOT , INC . ( Exact name of Registrant as specified in its charter ) ( 866 ) 980-9431 ( Registrant's telephone number , including area code ) Securities registered pursuant to Section 12 ( b ) of the Act : Trading Symbol ( s ) ROOT 84-2717903 Accelerated filer Smaller reporting company Emerging growth company ( I.R.S. Employer Identification Number ) 43215 Indicate by check mark if the registrant is a well - known seasoned issuer , as defined in Rule 405 of the Securities Act . Yes No Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or 15 ( d ) of the Act . Yes No Indicate by check mark whether the registrant ( 1 ) has filed all reports required to be filed by Section 13 or 15 ( d ) of the Securities Exchange Act of 1934 during the preceding 12 months ( or for such shorter period that the registrant was required to file such reports ) , and ( 2 ) has been subject to such filing requirements for the past 90 days . Yes > No Indicate by check mark whether the registrant is a shell company ( as defined in Rule 12b - 2 of the Act ) . Yes No ( Zip Code ) Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S - T ( §232.405 of this chapter ) during the preceding 12 months ( or for such shorter period that the registrant was required to submit such files ) . Yes No Name of each exchange on which registered Nasdaq Global Select Market Indicate by check mark whether the registrant is a large accelerated filer , an accelerated filer , a non - accelerated filer , a smaller reporting company , or an emerging growth company . See the definition of " large accelerated filer , " " accelerated filer , " " smaller reporting company , " and " emerging growth company " in Rule 12 - b - 2 of the Exchange Act . Large accelerated filer Non - accelerated filer > DOCUMENTS INCORPORATED BY REFERENCE 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 . Indicate by check mark whether the registrant has filed a report on and attestation to its management's assessment of the effectiveness of its internal control over financial reporting under Section 404 ( b ) of the Sarbanes - Oxley Act ( 15 U.S.C. 7262 ( b ) ) by the registered public accounting firm that prepared or issued its audit report . The aggregate market value of the registrant's Class A common stock , par value $ 0.0001 per share ( the " Common Stock " ) held by non - affiliates was approximately $ 933.9 million based upon the December 31 , 2020 , closing price of $ 15.71 as reported by the Nasdaq Global Select Market . The registrant has elected to use December 31 , 2020 as the calculation date , which was the last trading date of the registrant's most recently completed fiscal year , because on June 30 , 2020 ( the last business day of the registrant's second fiscal quarter ) , the registrant was a privately held company . There were 59,660,254 shares of Class A common stock and 192,034,884 shares of Class B common stock outstanding as of February 25 , 2021 .