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Clover Health To Go Public Via $3.7B Deal With Social Capital | Business Standard News

by business-standard.com posted 2weeks ago 13 views
The combined cash-and-stock deal includes a $100 million investment from venture capitalist Chamath Palihapitiya and $50 million from Hedosophia. : Insurance startup Clover Health will go public through a merger with blank-check firm Social Capital Hedosophia Holdings Corp III in a deal valued at $3.7 billion including debt, the company said on Tuesday. The combined cash-and-stock deal includes a $100 million investment from venture capitalist Chamath Palihapitiya and $50 million from Hedosophia.

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