Kin terminates SPAC merger deal with Omnichannel Acquisition Corp
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Kin terminates SPAC merger deal with Omnichannel Acquisition Corp

Giovanna Bellotti Azevedo
January 26, 2022
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InsurTech Kin Insurance and blank-check company Omnichannel Acquisition Corp have mutually agreed to terminate their previously announced special purpose acquisition company (SPAC) merger deal agreement, the companies jointly announced on Wednesday.

The parties have decided to terminate the business combination agreement due to “current unfavorable market conditions,” the statement said.

Sean

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NewsSPACsM&AInsurTechKin
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Giovanna Bellotti Azevedo
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