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Tuesday, November 22, 2022

Equity Corporate Actions Alert #2022 - 366
(Finalized info) Information regarding the redemption of INSU Acquisition Corp. III (IIII/W/U)

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  • Industry Announcement

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INSU Acquisition Corp. III (IIII/W/U) has announced it will redeem its public shares and will not consummate an initial business combination. As of the close of business on December 22, 2022 the public shares will be deemed cancelled and will represent only the right to receive the Redemption Amount. The details are as follows:

Company Name & Issue Type: INSU Acquisition Corp. III Class A Common Stock
CUSIP#: 457817104
Symbol: IIII
Last Trading Date: December 21, 2022
Marketplace Effective Date for Suspension: December 22, 2022
Redemption rate: $10.09281466 per Common Stock
Company Name & Issue Type: INSU Acquisition Corp. III Warrant
CUSIP#: 457817112
Symbol: IIIIW
Last Trading Date: December 21, 2022
Marketplace Effective Date for Suspension: December 22, 2022
Redemption rate: There will be no redemption rights or liquidating distributions with respect to the Company’s warrants, which will expire worthless.
Company Name & Issue Type: INSU Acquisition Corp. III Unit
CUSIP#: 457817302
Symbol: IIIIU
Last Trading Date: December 21, 2022
Marketplace Effective Date for Suspension: December 22, 2022
Redemption rate: $10.09281466 per Common Stock

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