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6 items- PRShift Executives Announce Purchase of SharesSAN FRANCISCO, Nov. 24, 2020 (GLOBE NEWSWIRE) -- Shift (NASDAQ: SFT), a leading end-to-end auto ecommerce platform transforming the used car industry with a technology-driven, hassle-free customer experience, today announced both completed and intended purchases of SFT Class A common stock on the open market by certain executives and board members: Co-Founder and Co-CEO George Arison; Chief Operating Officer Sean Foy; Chief Revenue Officer Mark McCollum; and Board Member and Audit Committee Chair Victoria McInnis. “Our decision to purchase shares on the open market reflects our continued confidence and excitement about Shift’s opportunity in the $840 billion used car market,” commented Ar
- PRCORRECT and REPLACE: Shift Completes Merger with Insurance Acquisition Corp. on its Path to Public Listing, Transaction Delivers $340 Million to Support Growth and Working CapitalSAN FRANCISCO, Oct. 14, 2020 (GLOBE NEWSWIRE) -- In a release issued under the same headline earlier today by Insurance Acquisition Corp. (NASDAQ: INSU) and Shift, please note that dates included in the press release were incorrect. Shift will begin trading on NASDAQ under the ticker symbol “SFT” and its senior management will host an investor conference call on October 15, 2020, not October 14, 2020, as previously stated. The corrected release follows. Shift Completes Merger with Insurance Acquisition Corp. on its Path to Public Listing, Transaction Delivers $340 Million to Support Growth and Working Capital Shift will begin trading on NASDAQ under ticker SFT on October 15, 2020 Shift’
- PRShift Completes Merger with Insurance Acquisition Corp. on its Path to Public Listing, Transaction Delivers $340 Million to Support Growth and Working CapitalShift will begin trading on NASDAQ under ticker SFT on October 14, 2020 Shift’s senior management to host investor conference call on October 14, 2020 at 8:00am EDT SAN FRANCISCO, Calif., Oct. 13, 2020 (GLOBE NEWSWIRE) -- Shift, a leading end-to-end ecommerce platform for buying and selling used cars, and Insurance Acquisition Corp. (Nasdaq: INSU), a publicly traded special purpose acquisition company sponsored by Cohen & Company (NYSE American: COHN), have announced the closing of their previously announced business combination. The business combination, which was approved on October 13, 2020, by INSU’s stockholders, brings the newest pure-play in the used car ecommerce market to the p
- PRInsurance Acquisition Corp. Announces Change of Time for Special Meeting of StockholdersSpecial Meeting of Stockholders will be held at 7:00 A.M. Eastern Time On October 13, 2020 PHILADELPHIA, PA, Oct. 08, 2020 (GLOBE NEWSWIRE) -- Insurance Acquisition Corp. (the “Company”) (Nasdaq: INSU) today announced a change in the time of its Special Meeting of Stockholders to be held virtually on October 13, 2020 (the “Special Meeting”). Notice of the change in the time of the Special Meeting is being provided to the Company’s stockholders in additional proxy materials filed with the U.S. Securities and Exchange Commission. The Special Meeting is being held to approve, among other things, the Company’s proposed business combination with Shift Technologies, Inc. The time of the
- PRInsurance Acquisition Corp. Schedules Special Meeting for October 13th to Approve Business Combination with Shift, Bringing the Newest Pure-Play in the Used Car Auto Ecommerce Market to the Public MarketsSAN FRANCISCO, Sept. 24, 2020 /PRNewswire/ -- Shift Technologies Inc. ("Shift"), a leading end-to-end ecommerce platform on a mission to make buying or selling a used car fun, fair, and accessible for everyone, and Insurance Acquisition Corp. (Nasdaq: INSU) ("Company"), a publicly traded special purpose acquisition company, today announced that the registration statement on Form S-4 (File No. 333-239896) (as amended, the "Registration Statement"), filed by Insurance Acquisition Corp., relating to the previously announced business combination (the "Business Combination") with Shift has been declared effective by the U.S. Securities and Exchange Commission ("SEC"). The Company has commenced
- PRShift Technologies to Attend SPACInsider Webinar on Monday September 14th at 1:00pm EDTSAN FRANCISCO, Sept. 14, 2020 /PRNewswire/ -- Shift Technologies Inc. ("Shift"), an e-commerce platform on a mission to make car-buying convenient, fair, and accessible for everyone, which has entered into a definitive merger agreement with Insurance Acquisition Corp (Nasdaq:INSU), a special purpose acquisition company (SPAC), today announced it will attend a webinar hosted by SPACInsider on September 14, 2020 at 1:00 p.m. EDT. Attending from Shift are Co-CEO and founder George Arison, CFO Cindy Hanford, VP of Strategy & Finance Henry Bird, along with INSU Chairman Daniel Cohen. The webinar for this event can be accessed at https://zoom.us/webinar/register/3115996528402/WN_6g0CyFWxTau1x