Business Combination Transaction
On July 19, 2021, Kin went into a business mix concurrence with Omnichannel Acquisition Corp. (NYSE: OCA). The business mix is relied upon to shut in the final quarter of 2021. After shutting, the consolidated public organization will be named Kin Insurance Inc., and its normal stock is relied upon to be recorded on the NYSE under the new ticker image "KI". Moreover, shutting of Kin's obtaining of an idle protection transporter with licenses in excess of 40 states is as yet expected in the final quarter of 2021.
About Kin
Kin is the home insurance agency for each new ordinary. By utilizing exclusive innovation, Kin conveys completely advanced property holders protection with a rich client experience, precise evaluating, and quick, great cases administration. Kin offers property holders, landowner, apartment suite, and manufactured home protection through the Kin Interinsurance Network (KIN), a proportional trade claimed by its clients who share in the endorsing benefit. In light of its proficient innovation and direct-to-buyer model, Kin gives reasonable valuing without compromising inclusion.
About Omnichannel Acquisition Corp.
Omnichannel Acquisition Corp. (NYSE: OCA) is a limitless ticket to ride organization whose business object is to impact a consolidation, capital stock trade, resource procurement, stock buy, revamping or comparable business blend with at least one organizations.