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INSU Acquisition III Priced, Nasdaq: IIIIU

Third blank check company formed by Cohen & Company targeting the insurance industry (liquidated).

Industry: SPAC

First Day Return: +4.0%

Industry: SPAC

We are a newly formed blank check company that will seek to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. We have not identified any acquisition target. We currently intend to concentrate our efforts on identifying businesses providing insurance or insurance related services, with particular emphasis on insurance distribution businesses, regulated insurance or reinsurance businesses, and insurance related technology businesses. We are not, however, required to complete our initial business combination with an insurance business. While we may pursue a business combination outside of that industry, we believe a focus on the insurance sector best combines the expertise and experience of our management team with a sector that offers attractive investment opportunities. We will seek to capitalize on the significant insurance experience and contacts of John M. Butler, our President and Chief Executive Officer, Daniel G. Cohen, the Chairman of our Board of Directors, and the other members of our Board of Directors, to identify, evaluate, acquire and operate a target business.
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IPO Data
IPO File Date 11/13/2020
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 21.8
Deal Size ($mm) $218
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 12/17/2020
Offer Price IPO Intelligence Only
Price Range IPO Intelligence Only
Offer Shares (mm) IPO Intelligence Only
Deal Size ($mm) $218
Lock-Up Date IPO Intelligence Only
Street Research IPO Intelligence Only
Underwriters
IPO Intelligence Only
Company Data
Headquarters Philadelphia, PA, United States
Founded 2020
Employees at IPO 2
Website www.cohenandcompany.com

INSU Acquisition III (IIIIU) Performance