- From the press release: Clover Health is a next-generation Medicare Advantage insurance company offering best-in-class plans that combine wide access to healthcare and rich supplemental benefits with low out-of-pocket expenses.
- More: A unique model in health insurance, Clover partners with primary care physicians using its software platform, the Clover Assistant, to deliver data-driven, personalized insights at the point of care.
- The deal with Social Capital Hedosophia (NYSE:IPOC) - Chamath's 3rd SPAC - values Clover at $3.7B, and will provide up to $1.2B in cash proceeds that can be used to grow the business.
- https://seekingalpha.com/news/3620052-chamath-palihapitiya-led-spac-bringing-clover-health-public-via-merger
Tuesday, October 6, 2020
Palihapitiya-led SPAC bringing Clover Health public via merger
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