reverse mergers Archives - Carrier Management

Hagerty, an Insurer of Classic Cars, Will Go Public in $3B SPAC Deal

Hagerty, an insurer of classic cars, has agreed to go public through a merger with SPAC Aldel Financial Inc in a deal that values it at $3.13 billion, the companies said on Wednesday. Hagerty ...

SEC Mulls New Guidance to Rein in Growth Projections for Reverse Merger Companies

U.S. securities regulator is considering new guidance to rein in growth projections made by listed blank-check companies, and clarify when they qualify for certain legal protections, according to ...

Insurers Overwhelmed by Demand for D&O Coverage for Reverse-Merger Companies

The SPAC boom is overwhelming a key player in the creation of a blank-check companies: insurers. Firms selling directors-and-officers liability policies for special purpose acquisition companies have ...

Sirius International Is Now a Public Company, Thanks to Easterly Merger

Sirius International Insurance Group Ltd. is now a public company. The global multiline insurance and reinsurance group accomplished this by closing its previously announced merger with special ...

IPO-Seeking China Companies Pay More to Avoid Boards Going Naked

Stephen Markscheid holds one of the riskiest jobs in the world—or so say directors and officers liability insurers. The 59-year-old former banker, a Mandarin-speaking American, sits on the boards ...