DWIN.U News

Delwinds Insurance Acquisition, a blank check company formed by The Gray Insurance Company targeting the insurance industry, raised $175 million by offering 17.5 million units at $10. Each unit consists of one share of common stock and one-half of a warrant, exercisable at $11.50. The company is led by CEO and Chairman Andrew Poole, an investment consultant at...read more

Delwinds Insurance Acquisition, a blank check company formed by The Gray Insurance Company targeting the insurance industry, lowered the proposed deal size for its upcoming IPO on Tuesday. The Houston, TX-based company now plans to raise $175 million by offering 17.5 million units at a price of $10. The company had previously filed to offer 20 million units at the same price....read more

Delwinds Insurance Acquisition, a blank check company formed by The Gray Insurance Company targeting the insurance industry, filed on Friday with the SEC to raise up to $200 million in an initial public offering. The Houston, TX-based company plans to raise $200 million by offering 20 million units at $10. Each unit consists of one share of common stock and one-half of a...read more