CHICAGO, IL – January 20, 2022 – Kin Insurance, Inc. (“Kin” or the “Company”), a leading
direct-to-consumer homeowners insurance technology company that has entered into a
definitive
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CHICAGO--(BUSINESS WIRE)--Kin Insurance (“Kin” or the “Company”), a leading direct-to-consumer homeowners insurance technology company that has entered into a definitive business combination agreement with Omnichannel Acquisition Corp.
Kin Insurance is set to go public via special purpose acquisition company Omnichannel Acquisition Corp (NYSE: OCA) in a deal with a pro forma enterprise value of approximately $1.03 billion.
Homeowner’s insurance company Kin Insurance announced a SPAC merger Monday to accelerate the company’s growth into new states and expand its direct-to-consumer platform.