Prime Impact Acquisition I
PIAI-WT
New York Stock Exchange0.08
USD
+0.00
- -
CIK
0001819175
Return %
Stock
S&P500
1Y
148.45
18.21
3Y
99.50
64.38
5Y
99.50
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
- CIK
- 0001819175
- Similar Companies
- Business
- Prime Impact Acquisition I (NYSE: PIAI-WT) operates as a blank check company, or special purpose acquisition company (SPAC), focused on effecting mergers, share exchanges, asset acquisitions, share purchases, reorganizations, or similar business combinations with one or more businesses; its warrants entitle holders to purchase Class A ordinary shares at a specified exercise price. The company, domiciled in the Cayman Islands and headquartered in San Jose, California, was formed in 2020 with no significant independent operations prior to completing a business combination. In September 2023, Prime Impact Acquisition I completed its de-SPAC merger with Beijing-based Cheche Technology Inc., China's leading auto insurance technology platform, resulting in the combined entity listing on Nasdaq as Cheche Group Inc. under tickers CCG (Class A ordinary shares) and CCGWW (public warrants), with PIAI-WT representing the legacy public warrants now trading separately at a significantly reduced value amid post-merger dilution and market conditions; the transaction generated approximately $22.1 million in proceeds from an $18 million PIPE financing and remaining trust cash after substantial redemptions. Cheche Group, the post-merger entity, provides digital insurance distribution and technology solutions including SaaS platforms, AI-driven analytics for fraud detection and claims management, embedded insurance products for new energy vehicles (NEVs), and policy issuance services targeting insurers, NEV manufacturers, intermediaries, and over 34 million vehicles in China; it reported first-half 2025 unaudited results showing RMB11.5 billion in written premiums (up 4.0% year-over-year), 8.3 million policies issued (up 3.8%), and partnerships with 15 NEV makers covering 30%-40% of China's NEV insurance market potential, alongside 2025 revenue guidance of RMB3.6 billion to RMB3.8 billion.