MedTechIQ_3Helix InSight Engine-Beta
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Watch List: Layoffs of 10% or More, Strategic Corporate Review, Delisting, Regulatory, Financial and/or Legal Issues
Clover Health Investments, Corp. (CLOV)
Finance & Acquisitions: Clover Health
Parents
Clover Health Investments, Corp. (CLOV)
Children
2020: Clover Health Is Acquired in a $3.7 Billion Deal_DealBook
2021_ SPAC_Social Capital Hedosophia Holdings Corp. III (IPOC) Merged with: Clover Health Investments, Corp.
2021: The PIPE was led by a $100 million investment from Palihapitiya and $50 million from Hedosophia, as well as commitments from Fidelity Management & Research Company and funds affiliated with Jennison, Senator Investment Group LP, Casdin Capital and Perceptive Advisors.
2021: The transaction valued Clover at an enterprise value of $3.7 billion and provided up to $1.2 billion in cash proceeds, including a fully committed PIPE of $400 million and up to $828 million of cash held in the trust account of Social Capital Hedosophia Holdings Corp. III.
2022: Clover Health Investments, Corp. 2022 Q3 - Results - Earnings Call Presentation _ seekingalpha.com
2025: Clover Health Investments, Corp. 2024 Q4 - Results - Earnings Call Presentation
IPOC is one of several SPACs launched by Chamath Palihapitiya.
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*Key People: Clover Health
Organization & Developments: Clover Health