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Clover Health and Social Capital Hedosophia Holdings Corp. III Announce Closing of Business Combination


Press release content from Business Wire. The AP news staff was not involved in its creation.
Clover Health and Social Capital Hedosophia Holdings Corp. III Announce Closing of Business Combination
January 7, 2021 GMT
NASHVILLE, Tenn. & PALO ALTO, Calif. (BUSINESS WIRE) Jan 7, 2021
Clover Health Investments, Corp. (“Clover”), an innovative technology company improving health outcomes for America’s seniors, and Social Capital Hedosophia Holdings Corp. III (NYSE: IPOC) (“SCH”), a publicly traded special purpose acquisition company, today completed their previously announced business combination to form one of the nation’s fastest growing publicly-traded Medicare Advantage insurers. The newly formed company is named Clover Health Investments, Corp. (“Clover Health” or the “Company”) and its shares of Class A common stock and warrants will start trading on The Nasdaq Global Select Market (“Nasdaq”) under the new ticker symbols “CLOV” and � ....

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