Insurance Acquisition Scheduled, Nasdaq: ILSUU

Blank check company backed by Cohen & Company and targeting the insurance industry.

Industry: SPAC

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Industry: SPAC

We are a blank check company that will seek to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or other similar business combination, with one or more businesses or assets. To date, our efforts have been limited to organizational activities as well as activities related to this offering. We have not identified any acquisition target and we have not, nor has anyone on our behalf, initiated any discussions, directly or indirectly, with respect to identifying any acquisition target. We have generated no operating revenues to date and we do not expect that we will generate operating revenues until we consummate our initial business combination. We currently intend to concentrate our efforts on identifying businesses providing insurance or insurance related services, with particular emphasis on regulated insurance or reinsurance companies. We are not, however, required to complete our initial business combination with an insurance business. While we may pursue a business combination outside of that industry, we believe a focus on the insurance sector best combines the expertise and experience of our management team with a sector that offers attractive investment opportunities.
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IPO News for Insurance Acquisition
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IPO Data
IPO File Date 02/19/2019
Offer Price
Price Range $10.00 - $10.00
Offer Shares (mm) 13.0
Deal Size ($mm) $130
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date
Offer Price
Price Range $10.00 - $10.00
Offer Shares (mm) 13.0
Deal Size ($mm) $130
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
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Company Data
Headquarters Philadelphia, PA
Founded 2018
Employees 3