Ticker LaunchSPAC · Merger completed
Insurance Acquisition Corp.
Business combination with Shift Technologies, Inc.
Insurance Acquisition Corp. is a blank-check company (SPAC) that completed its initial public offering on Mar 21, 2019, listing on Nasdaq. It completed its business combination with Shift Technologies, Inc. on Oct 13, 2020; the combined company is Shift Technologies, Inc. (SFT). Cantor led the IPO, with BTIG. Ellenoff Grossman & Schole advised the underwriters on the IPO.
Shift Technologies is an e-commerce platform with a mission to make car buying convenient, fair and accessible. It is the target of a business combination with Insurance Acquisition Corp., a blank check company quoted on Nasdaq.
- Status
- Merger completed
- IPO date
- Mar 21, 2019
- IPO exchange
- Nasdaq
- Target
- Shift Technologies, Inc.
- Announced
- Jun 29, 2020
- Closed
- Oct 13, 2020
- Combined company
- Shift Technologies, Inc. (SFT)
- Underwriters' counsel (IPO)
- Ellenoff Grossman & Schole
More on this SPAC for subscribers
- Trust balance and value per share
- Liquidation deadline and extension history
- PIPE and other committed financing
- Merger proxy, registration statement and investor presentation
- Analyst notes from the filings
Every record in the database also has its full filing timeline, a daily-updated calendar, watchlist alerts and Excel export.
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Filings
- IPO prospectus (424B4) Mar 21, 2019
- Deal announcement (8-K) Jun 29, 2020
- Press release
- All filings on EDGAR CIK 1762322
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