Announced
Synopsis
Leading Group, , a licensed digital insurance broker, agreed to go public via a SPAC merger with Healthcare AI Acquisition, a publicly-traded special purpose acquisition company, in a $430m deal. "The HAIA team has worked diligently with LEADING to agree on the terms of the Proposed Transaction. We are excited about the contemplated Nasdaq listing which will provide LEADING with a platform for growth capital and investor participation in one of the world's largest evolving insurance markets. LEADING has an online pedigree with a strong partner and sales channel network. As a B2B participant in the insurance services market, the China market provides a landscape with significant growth potential," Ross Benson, LEADING Chairman.
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