INSU Acquisition Corp. III
IIIIW
NASDAQ Capital Market0.01
USD
+0.00
- -
CIK
0001829889
Return %
Stock
S&P500
1Y
-98.43
18.21
3Y
-99.78
64.38
5Y
-99.78
72.43
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
- IPO Date
- Feb 8, 2021
- CIK
- 0001829889
- Similar Companies
- Business
- INSU Acquisition Corp. III is a blank check company sponsored by Cohen & Company Inc. that seeks 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 insurance or insurance-related services; it issues public shares, redeemable units, and warrants including those traded under ticker IIIIW. Founded in 2020 and headquartered in Philadelphia, Pennsylvania, the company operates in the United States and targets operating entities in the insurance sector without conducting significant independent operations prior to completing an initial business combination. In December 2022, INSU Acquisition Corp. III announced the redemption of its public shares and liquidation of its trust after failing to complete a business combination within the required timeframe, resulting in delisting from Nasdaq and cancellation of its securities' trading by year-end 2022; it had previously raised $250 million in its initial public offering in December 2020 and received extension funding of $1.5 million from sponsors including Insurance Acquisition Sponsor III, LLC in 2022.