INSU Acquisition IV Withdraws $220M IPO

INSU Acquisition IV in a letter to the SEC advised it is withdrawing an offering of 22 million units initially registered in February 2021.

Like previous SPACs from CEO Daniel Cohen, INSU IV was focused on insurance distribution businesses, regulated insurance or reinsurance businesses, and insurance related technology businesses. 

Cohen is chairman of financial services firm Cohen & Company.

The SPAC had planned to list on the Nasdaq with Cantor as sole book-running manager. Read more.

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