Insu Acquisition Corp III

INSU Acquisition Corp. III is a blank check company, which intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or other similar business transaction with one or more operating entities. The company was founded on October 6, 2020 and is headquartered in Philadelphia, PA.

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PHILADELPHIA, PA, Nov. 18, 2022 (GLOBE NEWSWIRE) --  INSU Acquisition Corp. III (NASDAQ:IIII) (the “Company”), a blank-check company formed for the purpose of acquiring or merging with one or more businesses, today announced that, because the Company will not consummate an initial business combination within the time period required by its Amended and Restated Certificate of Incorporation (the “Charter”), the Company intends to dissolve and liquidate in accordance with the provisions of the Charter, effective as of the close of business on December 22, 2022, and will redeem all of the outstanding shares of Class A common stock that were included in the units issued in its initial public offering (the “Public Shares”), at a per-share redemption price of approximately $10.09.

INSU Acquisition Corp. III Announces it Will Redeem its Public Shares

News for Insu Acquisition Corp III Stock (IIII)