INSU ACQUISITION CORP. II CLASS A COMMON SHARES AND WARRANTS TO COMMENCE TRADING SEPARATELY ON OCTOBER 23, 2020
October 19 2020 - 5:30PM
INSU Acquisition Corp. II (NASDAQ:INAQU) (the “Company”), a
blank-check company sponsored by Cohen & Company Inc. (NYSE
American: COHN) and formed for the purpose of acquiring or merging
with one or more businesses or entities in the insurance industry,
today announced that the holders of the Company’s units may elect
to separately trade the Class A common shares and warrants
underlying the units commencing on October 23, 2020. Those units
not separated will continue to trade on the NASDAQ Capital Market
under the symbol “INAQU” and the Class A common shares and warrants
are expected to trade under the symbols “INAQ” and “INAQW”,
respectively.
A registration statement relating to the units
and the underlying securities was declared effective by the
Securities and Exchange Commission on September 2, 2020. This press
release shall not constitute an offer to sell or the solicitation
of an offer to buy, nor shall there be any sale of, these
securities in any state or jurisdiction in which such offer,
solicitation, or sale would be unlawful prior to registration or
qualification under the securities laws of any such state or
jurisdiction.
The offering was made by means of a prospectus,
copies of which may be obtained by contacting Cantor Fitzgerald
& Co., Attention: Capital Markets, 499 Park Avenue, 5th Floor
New York, New York 10022; Email: prospectus@cantor.com. Copies
of the registration statement can be accessed for free through the
SEC's website at www.sec.gov.
This press release contains statements that
constitute “forward-looking statements,” including with respect to
the initial public offering. Forward-looking statements are subject
to numerous conditions, many of which are beyond the control of the
Company, including those set forth in the Risk Factors section of
the Company's registration statement and prospectus for the
offering filed with the Securities and Exchange Commission. The
Company undertakes no obligation to update these statements for
revisions or changes after the date of this release, except as
required by law. Northland Capital Markets is the trade name for
certain capital markets and investment banking services of
Northland Securities, Inc., member of FINRA/SIPC.
Contact Information:
Amanda Abrams INSU Acquisition Corp. II
aabrams@cohenandcompany.com (215) 701-9693
Joseph W. Pooler, Jr.Cohen & Company
Inc.investorrelations@cohenandcompany.com(215)-701-8952
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