blank-check firm News

Hippo to Go Public in $5B Merger With Mark Pincus, Reid Hoffman-Backed SPAC

Hippo Enterprises will go public through a $5 billion merger with a blank-check firm backed by Silicon Valley heavyweights Reid Hoffman and Mark Pincus, in a sign of rising interest in the fast-growing “insurtech” sector. The deal, announced on Thursday, …