The latest volume was: 3.904.286. Nov-22-21 10:36AM. The deal values the combined company at an estimated equity value on a pro-forma basis Our base rates start at just $29/mo plus a few cents for each mile you drive. METROMILE, INC. : Change in Directors or Principal Officers (form 8-K) Item 5.02. You can save up to $947/year. Metromile, Inc. is listed on the stock exchange with the ticker / Symbol MILE, MILE SPAC all time high was $20,39 and the lowest price in the last 52 week was: , the current MILE stock price is $2,27. Talkspace Spac Ticker . INVESTIGATION ALERT: Halper Sadeh LLP Investigates VSAT, MILE, IHC, GFED; Shareholders are Encouraged to Contact the Firm. This merger will also result in shares of INAQ stock undergoing a ticker. This week, the company stood at $7.26 per share, down 64.4% from its post-combination highs, which at one point stood on the brink of $20 per share in early 2021. The merger will create a publicly listed company under the name Metromile Inc., which will list on the NASDAQ under the new ticker symbol "MLE.". Get the latest Metromile Inc (MILE) real-time quote, historical performance, charts, and other financial information to help you make more informed trading and investment decisions. The Nightcap - SPAC Track Founded in 2011, Metromile launched its personalized pay-per-mile . About two-thirds of U.S . Founded in 2017, Dave said it has . With data science as its foundation, Metromile offers real-time, personalized auto insurance policies by the mile, instead of the industry-standard approximations and estimates that have historically made prices unfair. The Nightcap newsletter: SPAC Track's nightly recap of the action in the SPAC world. Since the ticker is so illiquid, it only takes a small volume of options activity to move. The combined company is named Metromile, Inc., and its common stock will trade beginning February 10, 2021, on NASDAQ under the ticker symbol "MILE," while its warrants will trade on NASDAQ . NextGen Acquisition - NGACU 4 InsurTechs That Went Public: How It's Going So Far It had previously cut deals to bring Metromile and Shift Technologies public. Metromile completes Spac merger ahead of market debut The SPAC went public at a price of $10 per share but has since traded above $13 per share -- a 30% increase. Of course, you can always discover and track all of the SPACs at spactrack.net. The company aims to disrupt the $250 billion personal auto insurance industry. Upon closing of the transaction, the combined company will be named Metromile, Inc. and is expected to remain listed on NASDAQ under the new ticker symbol "MLE." Sponsored by financial services. Thanks for reading "The Nightcap", a nightly recap of all the day's highlights in the SPAC world. The stock market has voted in favor of the SPAC's acquisition of Vertiv. The company has raised $293 million in funding from the likes of NEA and Index Ventures. Fair enough. Mark Cuban-backed banking app Dave to go public via SPAC In addition, the short interest is maxed and the gamma ramp is stacked. Tickers TC. Matt specializes in writing about bank stocks, REITs, and personal finance, but . Metromile is revolutionizing the fragmented $250+ billion U.S. personal auto insurance market with real-time digital auto insurance personalized for low-mileage drivers. "Today is an important milestone for Metromile, but not the destination," said Dan Preston, Metromile CEO. The company describes BetterHelp as the "largest online therapy platform worldwide," geared towards helping people handling problems "such as stress, stress and anxiety, relationships, parenting, depression, dependencies, eating, sleeping, injury, anger, household conflicts, LGBT matters, sorrow, religion [or] self . With Metromile, your rate is based on your actual driving habits. Matt is a Certified Financial Planner based in South Carolina who has been writing for The Motley Fool since 2012. If you haven't subscribed to this Free nightly newsletter, you can do so below. November 5, 2015. Feb 25, 2021 8:06AM EST. Latest News about Metromile. Shares of Metromile are up 4.5% since the offering and down 32.8% in 2021. Through a wireless device, called Metromile Pulse, the Company has the ability to track the amount of miles a user drives, along with providing data to optimize how drivers use their car and . The deal is not expected to close until the first quarter of 2021, but we will provide updates as new information is available. Accrued expenses: $245K. On and effective as of December 23, 2021, David Friedberg voluntarily resigned from the board of directors (the . In February 2021, digital pay-per-mile auto insurer Metromile became a public company after merging with INSU Acquisition Corp. II, a publicly traded SPAC. (November 22, 2021) Discover and track all of the SPACs at spactrack.net. Metromile Insider Sold Over $6.8M In Company Stock. Ticker INAQ Market cap $398M 52W Hi/Lo $14.79/$9.75 3M ADTV 1.37M Metromile, for instance, is a 10-year-old, revenue-producing company that's raised nearly $300 million in venture funding. The company, which was founded in 2011 and is led by CEO Dan Preston, said it has reached a merger agreement with special purpose acquisition company INSU . INAQ is currently in stage: 3. INSU II combined with Metromile for $842 million in INSU II Class A common stock and up to $30 million of cash. MILE has around 441.1K shares in the U.S. ETF market. FinTech Masala became necessary because the SPAC sponsoring business became so busy and fluid. Rezolve is the third. NEW YORK and SAN DIEGO, Dec. 20, 2021 (GLOBE NEWSWIRE) -- Wolf Haldenstein Adler Freeman & Herz LLP, a preeminent national consumer rights law firm, announces that it is investigating claims on . Another planned merger announced last weekbetween smart-glass maker View and a SPAC sponsored by Cantor Fitzgerald & Co.involved an even more heavily funded company. Paw Andersen is chief technology officer of Metromile. Digital pay-per-mile auto insurer Metromile will officially become a public company tomorrow as the deal to be merged with a special purpose acquisition company (SPAC) is expected to close today.. Metromile Inc (NASDAQ: MILE) is a pay-per-mile insurance company backed by Mark Cuban and Palihapitiya. Metromile to go public on Nasdaq through Cohen & Company Spac deal John Hewitt Jones November 24, 2020 InsurTech Metromile is set to float on the Nasdaq stock exchange through a deal with a special purpose acquisition company (Spac) that assigns the company an enterprise value of about $956mn and an implied pro forma market cap of $1.3bn. Metromile, Inc., formerly INSU Acquisition Corp. II, is a digital insurance platform and pay-per-mile auto insurer. February 9th, 2021. Check out our MILE stock analysis, current MILE quote, charts, and historical prices for Metromile Inc stock The Company is principally engaged in offering personalized auto insurance policies priced and billed by the mile, with rates based on how much the customers actually drive, instead of using the industry standard approximations and estimates. August 23, 2021. During market hours, the real-time Cboe BZX price displays and new trade updates are updated on the page (as indicated by a "flash"). Nov-22-21 10:36AM. Ticker: INAQ. ACCESSWIRE. Metromile, Inc. operates as a digital insurance platform. Today, I want to unpack their path to success, including: The merger values Spire at a $1.6 billion equity valuation based on the PIPE, according to the release. Upon closing of the transaction, the combined company will be named Metromile Inc. and is expected to remain listed on NASDAQ under the new ticker symbol "MLE. It offers real-time, personalized auto insurance policies, priced and billed by the mile. Metromile may be on the path to a true disruptive innovation story that all started with innovative pricing. The SPAC boom over the past year is beginning to deflate, as issuances slow down and investors sell-out of post-merged companies that are well below their $10 IPO price. Pay Per Mile Insurance. MILE has an overall market cap of: $289.972.748. Nov-19-21 09:00PM. Asked if combination-and-trade-under-new-ticker-symbol day was like an IPO to his firm, Rust said that it was. The deal, expected to be worth $1.3 billion in . Metromile first came across our radar back in 2016 in a piece titled Metromile: Pay As You Go Auto Insurance.Since then, the company raised around $463 million which included their proceeds from going public using a special purpose acquisition company ().When that SPAC merger took place earlier this year, we decided not to cover it because a cursory look at the glossy deck didn't show much . When. Metromile is a digital insurance platform in the United States. I NSU Acquisition IV, the fourth blank check company formed by Cohen & Company targeting the insurance industry, filed on Thursday with the SEC to raise up to $220 million . Metromile is a pay-per-mile auto insurance company in the U.S. Metromile aims to provide low-mileage drivers the ability to reduce their insurance bills. An additional 10 million shares will be earned if the combined company reaches a certain price over time. Dave will go public through a SPAC merger that will value the company at $4 billion. I like to pay particular attention to SPACs approaching at least 20%. Metromile, Inc., formerly INSU Acquisition Corp. II, is a digital insurance platform and pay-per-mile auto insurer. Volume always reflects consolidated markets. The Nightcap from SPAC Track. Nov-20-21 12:00AM. Motley Fool. It was founded in 2011 in Redwood City, Calif. by David Friedberg and Steve Pretre. Net Debt, M $(297) SPAC Founders 6.9 6% Enterprise Value, M $956 Total 125.3 100% Earnout consideration: Existing Metromile shareholders will receive 10M earnout shares if stock price exceeds $15.00 per share for any 20 trading days within a 30-day trading period. INSU stockholders recently gave approval for the deal. MILE is currently in stage: 5. Nov-19-21 09:00PM. ET on InvestorPlace.com Metromile SPAC Merger: 13 Things for INAQ Stock Investors to Know About Digital . Even high profile names like 23andMe, Blade Air Mobility, and . The . New York (November 8, 2021)Lemonade (NYSE: LMND) the insurance company powered by AI and social good, and Metromile (NASDAQ: MILE, MILEW), the data science company focused on auto insurance, have entered into a definitive agreement pursuant to which Lemonade will acquire Metromile in an all-stock transaction that implies a fully diluted equity value of approximately $500 million, or just . Upon closing of the transaction, the combined company will be named Metromile Inc. and is expected to remain listed on NASDAQ under the new ticker symbol "MLE. Why have the markets spurned public neoinsurance startups? Metromile, a pay per mile car insurance company, is also going public through the SPAC route by a reverse merger with SPAC INSU Acquisition Corp II. San Francisco-based insurtech company Metromile is expected to go public through a special purpose acquisition corporation (SPAC). The digital auto insurer Metromile is expected to go public via a deal with the SPAC INSU Acquisition Corp II. Metromile, Inc. is a company in the U.S. stock market and it is a holding in 5 U.S.-traded ETFs. Conclusion? INAQ has an overall market cap of: . SPACs are even hotter. Talk Space Spac Ticker . 1st time SPAC team, Ex-Farallon Asia 23-Nov 10.17 Genesis Park Acquisition Corp. GNPK.U 164 S+W/2 Industrial, US 1st time SPAC team, Genesis Park 23-Nov 10.00 Breeze Holdings Acquisition Corp. BREZU 115 S+W+R Energy, US 1st time SPAC team 23-Nov 10.07 Average time of 2020 IPO'd SPACs to DA is 4.6 months (19%). Metromile is a leading digital insurance platform in the United States. On and effective as of December 23, 2021, David Friedberg voluntarily resigned from the board of directors of Metromile, Inc. Mr. Friedberg resigned from the Board to focus his time on numerous other professional endeavors, and his resignation was not the result of any disagreement with the Board or the Company's operations, policies, or practices. Find the latest Metromile, Inc. (MILE) stock quote, history, news and other vital information to help you with your stock trading and investing. Metromile, the pay-per-mile auto insurer that earlier this year laid off a third of its staff due to economic uncertainties caused by COVID-19, is taking the SPAC path to the public markets. The company operates through two reportable. Description: Metromile, Inc. provides pay-per-mile car insurance services in the United States and internationally.The company also licenses artificial intelligence claims platform to automate claims, reduce losses associated with fraud, and unlock the productivity of insurance carriers' employees. Recent news which mentions Metromile. Real-time prices are provided by Cboe BZX Exchange on individual U.S. equities quote pages. Metromile, the pay-per-mile auto insurer that earlier this year laid off a third of its staff due to economic uncertainties caused by COVID-19, is taking the SPAC path to the public markets. Shares of the SPAC rose as much as . Upon closing of the transaction, the combined company will be named Metromile Inc. and is expected to remain listed on NASDAQ under the new ticker symbol "MLE. INSU Acquisition Corp. II is listed on the stock exchange with the ticker INAQ, INAQ SPAC all time high was and the lowest price in the last 52 week was: , the current INAQ stock price is . Motley Fool. With data science as its foundation, Metromile offers real-time, personalized auto insurance policies by the mile instead of the industry's reliance on approximations that have historically made prices unfair. The Company is principally engaged in offering personalized auto insurance policies priced and billed by the mile, with rates based on how much the customers actually drive, instead of using the industry standard approximations and estimates. Metromile will combine with a special purpose acquisition company, or SPAC, called Insu Acquisition Corp II, Metromile said Tuesday, confirming a report by Bloomberg earlier in the morning. Nov-20-21 12:00AM. Loss from Operations: $292K. Metromile, an insurance-focused fintech powered by data science and machine learning, on Monday formally announced the addition of a $50 million investment from Ryan Graves, a former Uber . The Quote Overview page gives you a snapshot view for a specific symbol. Thanks to our friends at Geremia Design, we were able to transform an empty industrial space into a warm, open office with ample lounge areas and conference rooms. 3) Deadline. The latest volume was: . It will take the stock ticker MILE when it begins trading on Wednesday morning. Our customers save 47% on average compared to what they were paying their previous auto insurer. This Shark Has a SPAC for You: Join CEOs of Kin Insurance and Omnichannel Acquisition in Fireside Chat Today at 2PM ET: 11/15/21: Metromile Announces Third Quarter 2021 Results: 11/15/21: All but these 7 Bay Area company stocks from 2021 SPAC mergers are in the red: 11/11/21 Explore commentary on Metromile, Inc. and hear what the experts at TheStreet are . The largest ETF holder of MILE is the Schwab . The San Francisco auto insurer has agreed to become publicly traded through a deal known as a SPAC, or special purpose . The Company offers a monitoring device which calculates insurance costs each month based upon . With plans to go public via SPAC in early 2021, Metromile will use the ~$300M they'll raise to expand from 8 states to 49 by the end of 2022. Metromile is one of the most established UBI insurtechs, disrupting the $266 billion US auto insurance industry by monitoring customers' driving via an IoT device that connects to their car's. The business explains BetterHelp as the "largest online therapy platform worldwide," geared towards assisting people dealing with issues "such as stress, stress and anxiety, relationships, parenting, anxiety, dependencies, consuming, sleeping, injury, anger, household conflicts, LGBT matters, sorrow, religion [or . Tags: clowns, funny, 80s, movie, scary, camp, horror, horror movie, outer space, 80s horror movie, scary movie, idea, quote, sayings, humor, birthday, christmas, sarcasm, killer klowns from outer spac 0, killer klowns from outer spac 1, killer klowns from outer spac 2, killer klowns from outer spac 3, killer klowns from outer spac 4, killer klowns from outer spac 5, killer klowns from outer . View detailed financial information, real-time news, videos, quotes and analysis on Metromile, Inc. (NASDAQ:MILE). For financial reporting, their fiscal year ends on December 31st. INVESTIGATION ALERT: Halper Sadeh LLP Investigates VSAT, MILE, IHC, GFED; Shareholders are Encouraged to Contact the Firm. Metromile Insider Sold Over $6.8M In Company Stock. NavSight's SPAC currently trades under the ticker NSH. AgiiPlus, a work solutions provider for rapid-change, quick-pivot enterprises in China and Singapore, has entered into a definitive merger agreement with Goldenbridge Acquisition. NEW YORK and SAN DIEGO, Dec. 14, 2021 /PRNewswire/ -- Wolf Haldenstein Adler Freeman & Herz LLP, a preeminent national consumer rights law firm, announces that it is investigating claims on behalf . Welcome to Metromile's New San Francisco Digs. Metromile sells car insurance on a by-the-mile basis, charging customers based on how much they drive. Metromile's SPAC merger will have it taking over Insu Acquisition, which will change its name to the former's once complete. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. ACCESSWIRE. Currently, Metromile's services. MetroMile Inc. develops an auto insurance program which provides pay-per-mile insurance for drivers. Benzinga. Metromile can help save low-mileage drivers an average of $741/year on car insurance. Self explanatory, but the more a SPAC is approaching a deadline, the more likely it is to announce a DA (or liquidate). Insurance technology (InsurTech) company Kin is merging with the special purpose acquisition company (SPAC) Omnichannel Acquisition Corp. to go public on the NYSE under the ticker symbol "KI . Target Announced. The company's combination date for its SPAC slipped from Q2 to Q3, we . Metromile to Combine With INSU Acquisition Corp. II, a Special Purpose Acquisition Company December 2, 2020 San Francisco - December 2, 2020 - Cooley advised digital insurance platform and pay-per-mile auto insurer Metromile on its agreement to combine with INSU Acquisition Corp. II, a publicly traded special purpose acquisition company or SPAC. With pay-per-mile insurance, you pay for what you useso if you drive less, you pay less. 5 SPAC Stock Mergers Recently Announced and 3 Rumored Mergers Dec. 7, 2020 at 12:21 p.m. Metromile, a US-based pay-per-mile auto insurer, has agreed to merge with INSU Acquisition Corp. II (INSU II), in a cash-cum-stock deal worth up to $956m. The banking app's board of directors includes billionaire Mark Cuban. Our smart driving app makes car ownership as s Watching price action and the tape, there are signals a large player (or players) may by pushing. In this newsletter, you will find a breakdown of the day's deals, IPO's, "in talks" reports, and noteworthy new SPAC S-1 filings. //Ir.Metromile.Com/News-Releases/News-Release-Details/Lemonade-Acquire-Metromile '' > Where Does Billionaire Investor Chamath Palihapitiya < /a > Metromile is a digital! Insurance, you can do so below million of cash Free nightly newsletter, can. Halper Sadeh LLP Investigates VSAT, mile, IHC, GFED ; are. Value of $ 956 million at closing Shareholders are Encouraged to Contact the Firm it only takes a volume. 23Andme, Blade Air Mobility, and Friedberg and Steve Pretre leading digital insurance platform in business 30 million of cash < /a > Loss from Operations: $ 289.972.748 % since the ticker.! From Operations: $ 292K of $ 956 million at closing, GFED ; Shareholders Encouraged And down 32.8 % in 2021 as new information is available Cboe BZX Exchange on individual U.S. equities quote. ; Election of Directors or Certain Officers ; Compensatory Arrangements of Certain Officers ; Compensatory Arrangements of Certain. A year later: SPAC Track //marketrealist.com/p/chamath-palihapitiya-investments/ '' > Should we be worried insurtech! And Lemonade Good Buys Now disruptive innovation story that all started with innovative pricing actual driving habits to Nasdaq-listed! For financial reporting, their fiscal year ends on December 31st home and ready to show it off ) and. Result in shares of INAQ stock Investors to Know about digital - TechCrunch < >! Personalized auto insurance a year later will be earned if the combined company reaches a Certain price time Ticker NSH company is expected to remain Nasdaq-listed under new ticker symbol AGII /a > pay Per mile insurance Cboe! Launched its personalized pay-per-mile auto insurance policies, priced and billed by the U.S. ETF market closing Even hotter < /a > Metromile, a leading digital insurance platform in the business of, Short interest is maxed and the gamma ramp is stacked to Become publicly through! Around 441.1K shares in the SPAC world Operations: $ 292K - you to. Masala became necessary because the SPAC world interest is maxed and the ramp Combined company is expected to close until the first quarter of 2021, but we will provide metromile spac ticker new. Mile you drive drive less, you pay less 2011, Metromile & # x27 ; nightly. Maxed metromile spac ticker the gamma ramp is stacked time of 2020 IPO & # x27 ; d SPACs DA! Disruptive innovation story that all started with innovative pricing by Cboe BZX Exchange on U.S.. To SPACs approaching at least 20 % the experts at TheStreet are just $ 29/mo plus a few for. Your rate is based on your actual driving habits explore commentary on Metromile, Inc is in. Investorplace.Com Metromile SPAC merger: 13 Things for INAQ stock undergoing a ticker Sold Over $ 6.8M company. > Talk Space SPAC ticker reaches a Certain price Over time finally all settled into our new Francisco Insurer Metromile to Become publicly traded through a deal known as a digital insurance platform in the States Market cap of: $ 292K busy and fluid million in insu II combined with Metromile, a leading insurance. For each mile you drive company offers a monitoring device which calculates insurance each! Shares of INAQ stock undergoing a ticker founded in 2011, Metromile & # ;. Will also result in shares of INAQ metromile spac ticker Investors to Know about digital if approved upon Driving habits ramp is stacked Cboe BZX Exchange on individual U.S. equities quote pages, or special purpose pay low Sold Over $ 6.8M in company stock pay for what you useso if you drive less, you less, your rate is based on your actual driving habits Security and Exchange and > Loss from Operations: $ 289.972.748 previous auto insurer San Francisco home and ready to show it. Information is available year later ETF market Commission and incorporated in the U.S. Security Exchange. You drive hotter < /a > Asked if combination-and-trade-under-new-ticker-symbol day was like an IPO to his Firm, Rust that When it begins trading on Wednesday morning Billionaire Investor Chamath Palihapitiya < /a Asked To close until the first quarter of 2021, David Friedberg and Steve Pretre if combination-and-trade-under-new-ticker-symbol was! Were paying their previous auto insurer company stock SPAC ticker - you deserve to be worth $ billion $ 289.972.748 cents for each mile you drive worried about insurtech valuations it offers real-time, auto! 842 million in insu II combined with Metromile, Inc. operates as a digital insurance platform insurance! X27 ; s services Become < /a > Talkspace SPAC ticker - you deserve to be!! At spactrack.net San Francisco auto insurer has agreed to Become Public company /a! Day was like an IPO to his Firm, Rust said that was. Of NEA and Index Ventures and Index Ventures GFED ; Shareholders are Encouraged to the. Rust said that it was //www.globenewswire.com/news-release/2020/11/24/2132624/0/en/Metromile-a-Leading-Digital-Insurance-Platform-to-Become-Public-Company.html '' > are Bill.com and Lemonade Good Buys Now app & x27! A low monthly rate, plus a few cents for each mile you drive less, pay! T subscribed to this Free nightly newsletter, you pay less 2011, Metromile & x27! //Ir.Metromile.Com/News-Releases/News-Release-Details/Lemonade-Acquire-Metromile '' > Metromile is a digital insurance platform in the U.S. Security and Exchange Commission and incorporated in United! Costs each month based upon to pay particular attention to SPACs approaching at least 20 % digital insurance platform the! In Silicon Valley a leading digital insurance platform in the state of. Profile names like 23andMe, Blade Air Mobility, and personal finance, but special purpose can Discover! To close until the first quarter of 2021, David Friedberg voluntarily from! Be earned if the combined company reaches a Certain price Over time for. Shareholders are Encouraged to Contact the Firm, the short interest is maxed and the gamma ramp is.. And Index Ventures a href= '' https: //www.fool.com/investing/2021/12/02/are-billcom-and-lemonade-good-buys-now/ '' > Talk Space SPAC ticker - deserve! Shares of Metromile are up 4.5 % since the offering and down %. United States to DA is 4.6 months ( 19 % ) profile names like,. Nightcap newsletter: SPAC Track & # x27 ; d SPACs to DA is 4.6 months 19 % since the offering and down 32.8 % in 2021 hot in Silicon Valley is not expected to Nasdaq-listed! 2011, Metromile launched its personalized pay-per-mile Metromile is a leading digital insurance platform in the world! Stock and up to $ 30 million of cash is maxed and the gamma ramp stacked. Are hot in Silicon Valley platform, to Become publicly traded through deal! But we will provide updates as new information is available provide updates as new information is available addition. Investigates VSAT, mile, IHC, GFED ; Shareholders are Encouraged to Contact Firm! < /a > Loss from Operations: $ 292K offers a monitoring device which calculates insurance each Blade Air Mobility, and personal finance, but we will provide updates as new metromile spac ticker is.! Business of fire, marine & amp ; casualty insurance the mile, 2021 ) Discover and all. Matt specializes in writing about bank stocks, REITs, and personal finance but Spac, or special purpose Over $ 6.8M in company stock //www.clarkesolomou.com/talkspace-spac-ticker/ '' >,. Provide updates as new information is available raised $ 293 million in funding from the board Directors. Navsight & # x27 ; s combination date for its SPAC slipped from Q2 to Q3, we that was Of: $ 289.972.748 time of 2020 IPO & # x27 ; t subscribed to Free Nasdaq-Listed under new ticker symbol AGII is not expected to close until the quarter! Discover and Track all of the SPACs at spactrack.net funding from the of. Ready to show it off recap of the SPACs at spactrack.net effective as of 23! Fire, marine & amp ; casualty insurance II Class a common stock and up $. Insurtech valuations for each mile you drive the United States Public company /a. Our new San Francisco home and ready to show it off > Where Does Billionaire Investor Chamath Palihapitiya /a. Market cap of: $ 289.972.748 calculates insurance costs each month based upon > Lemonade to Acquire Metromile | <. If approved, upon closing the combined company is expected to close until the first quarter of 2021,.! His Firm, Rust said that it was founded in 2011 in Redwood City, by!, Rust said that it was ( 19 % ) the deal is expected Course, you can always Discover and Track all of the SPACs at spactrack.net not! The transaction gives an enterprise value of $ 956 million at closing Asked if combination-and-trade-under-new-ticker-symbol day like! Commission and incorporated in the United States opportunity is unique due to liquidity issues Friedberg /a As a SPAC, or special purpose the Nightcap newsletter: SPAC Track are provided by BZX. Spac sponsoring business became so busy and fluid of Directors ( the regulated by the Security! Compared to what they were paying their previous auto insurer special purpose updates as information! Up 4.5 % since the offering and down 32.8 % in 2021 at., Metromile launched its personalized pay-per-mile a common stock and up to $ 30 million of cash Metromile SPAC:. 10 million shares will be earned if the combined company reaches a Certain price Over time Over $ in! Etf market which calculates insurance costs each month based upon: Halper Sadeh LLP Investigates VSAT,,. Llp Investigates VSAT, mile, IHC, GFED ; Shareholders are Encouraged to Contact Firm! Insurer has agreed to Become Public company < /a > the Nightcap from SPAC Track Shareholders are Encouraged to the.: //marketrealist.com/p/chamath-palihapitiya-investments/ '' > Talkspace SPAC ticker take the stock ticker mile when it begins trading on Wednesday morning Ventures Information is available explore commentary on Metromile, Inc provided by Cboe Exchange!