INSU Acquisition Corp. III
IIII
NASDAQ Capital Market10.08
USD
- -
- -
CIK
0001829889
ISIN
US4578171047
CUSIP
457817104
Return %
Stock
S&P500
1Y
2.96
26.53
3Y
-5.53
76.60
5Y
-5.53
80.11
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
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 2929 Arch Street Philadelphia PA United States of America 19104-2870
- IPO Date
- Feb 8, 2021
- CIK
- 0001829889
- Similar Companies
- Business
- INSU Acquisition Corp. III operates as a blank check company whose primary purpose is to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses or assets, with a particular focus on the insurance industry and insurance-related services; it conducts no significant operations and generates no revenue. Sponsored by Cohen & Company Inc., the company provides investment vehicles through its Class A ordinary shares (NASDAQ: IIII), units (NASDAQ: IIIIU), and warrants (NASDAQ: IIIIW) to facilitate such transactions for public shareholders. Incorporated in 2020 and headquartered in Philadelphia, Pennsylvania, it targeted global opportunities without current geographic operational focus beyond its U.S. base. In December 2022, INSU Acquisition Corp. III announced its dissolution and liquidation after failing to complete an initial business combination within the 24-month period required by its charter, redeeming all outstanding Public Shares at approximately $10.09 per share from its trust account holding $250 million in IPO proceeds raised in December 2020 via an upsized $218 million offering underwritten by Cantor Fitzgerald. The company's securities ceased trading on Nasdaq effective December 21, 2022, with a Form 25 filed for delisting and a Form 15 to terminate SEC registration thereafter, marking its status as liquidated while residual warrant trading persists at minimal levels.