Delwinds Insurance Acquisition Corp.
DWIN-UN
New York Stock Exchange9.60
USD
+0.15
- -
CIK
0001812360
Return %
Stock
S&P500
1Y
-4.57
18.21
3Y
-4.57
63.29
5Y
-4.57
74.90
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Full Time Employees
- 1
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- One City Centre Houston TX United States of America 77002
- IPO Date
- Dec 11, 2020
- CIK
- 0001812360
- Website
- delwinds.com
- Similar Companies
- Business
- Delwinds Insurance Acquisition Corp. Delwinds Insurance Acquisition Corp. is a blank check company, or special purpose acquisition company (SPAC), formed to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination primarily with businesses in the insurtech and insurance sectors; it offers no current products or services beyond its standard SPAC structure of publicly traded units consisting of one share of Class A common stock and one-half of one redeemable warrant, which began separating for independent trading in January 2021 following its initial public offering that raised $201.25 million in December 2020. Headquartered in Houston, Texas, and founded in 2020, the company focuses on targets that innovate in insurance through technology, with operations centered in the United States. In September 2022, Delwinds completed a business combination with FOXO Technologies Inc., a longevity insurtech firm developing epigenetic biomarkers and saliva-based underwriting for life insurance products including the FOXO Longevity Report; the merger, approved by over 91% of stockholders, valued the combined entity at approximately $300 million including a $100 million management earnout, funded by trust cash, convertible debentures, and commitments such as a $40 million equity facility from a Cantor Fitzgerald affiliate and a $10 million backstop investment, after which Delwinds' units transitioned to trading under FOXO symbols on NYSE American while facing high redemptions of 99.5% of public shares beforehand.
FOXO Technologies to Participate in Upcoming June Investor Conferences
Delwinds Insurance Acquisition Corp. Announces Separate Trading of Class A Common Stock and Warrants
Delwinds Insurance Acquisition Corp. Announces Closing of $201,250,000 Initial Public Offering