Cheche Technology to go public via a SPAC merger with Prime Impact Acquisition I in an $841m deal.

Cheche Technology, an operator of an auto insurance search engine, agreed to go public via a SPAC merger with Prime Impact Acquisition I in an $841m deal. “We have great respect for the platform that Lei and his technical team have built and the trusted relationships they have developed throughout the industry over the last eight years. We appreciate Lei’s strategy of leveraging their extensive insurance transaction platform to provide scalable SaaS and AI-enable analytic solutions to key stakeholders in the insurance ecosystem. We believe the Cheche Technology transaction platform and suite of SaaS solutions can deliver improvements in efficiency, pricing and risk management and create significant value for their partners, customers and stakeholders," Mark Long, Prime Impact Co-Founder, Co-CEO and CFO.