SPACs Have Rocketed in U.S. but Europe Has Moved More Slowly. Here’s Why. March 29, 2021 By Supantha Mukherjee and Anirban Sen STOCKHOLM — “I get an email almost every morning from some SPAC seller telling me to do a SPAC with...
SEC Starting to Inquire About Risk Management of Blank Check IPOs: Reuters March 25, 2021 By Chris Prentice The U.S. securities regulator has opened an inquiry into Wall Street’s blank check acquisition frenzy and is seeking information on...
Insurtech Root Hit With Shareholder Lawsuit Alleging Negligence, Omissions in IPO Filing March 24, 2021 By Susanne Sclafane With shares of Root Inc. trading at less than 50 percent of the late October 2020 IPO price of $27...
Ryan Specialty Group Prepares for IPO March 16, 2021 Specialty insurance broker Ryan Specialty Group has filed a proposal with the Securities and Exchange Commission for an initial public...
China’s Ant Group Issues Financial Self-Discipline Rules on Tighter Regulatory Oversight March 12, 2021 BEIJING – China’s Ant Group flagged a set of financial self-discipline rules on Friday amid intense scrutiny on its activities...
Home Insurance Agency Hippo to Go Public in $5B SPAC March 4, 2021 By Sohini Podder Hippo Enterprises said it will go public through a merger with a blank-check firm, backed by Silicon Valley heavyweights Reid...
Alphabet-Backed Startup Insurer Oscar Health Raises $1.2 Billion in IPO March 3, 2021 By Chibuike Oguh Oscar Health Inc., a health insurance startup backed by Google parent Alphabet Inc., sold shares in its initial public offering...
Canadian Insurtech Farmers Edge Raises $100 Million in IPO February 26, 2021 By Kevin Orland and Marcy Nicholson Farmers Edge Inc. raised about C$125 million ($100 million) in its Canadian initial public offering after selling shares at the...
AI Startup that Uses AI and Partners with Re/insurers, Now Is Seeking Canadian IPO February 10, 2021 By Marcy Nicholson and Kevin Orland Farmers Edge Inc., a firm that uses artificial intelligence to help growers boost crop yields, is seeking to raise about...
CCC Information Services Going Public in $7 Billion Blank Check Transaction February 3, 2021 By Niket Nishant CCC Information Services said on Wednesday it was going public through a merger with blank-check firm Dragoneer Growth Opportunities Corp.,...