Hippo completes SPAC deal ahead of NYSE debut
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Hippo completes SPAC deal ahead of NYSE debut

Hippo logo palo alto new.jpg

Hippo Holdings has completed a merger with Reinvent Technology Partners Z, a blank check company backed by LinkedIn co-founder Reid Hoffman, and is poised to become a publicly traded company on August 3.

The InsurTech said it expects to raise over $550mn from the transaction, boosting the home insurer’s nationwide expansion.

Hippo’s shares will trade under the ticker symbol HIPO, after Hippo founder and CEO Assaf Wand rings the opening bell of the...

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