Law 360 M&A

APRIL 29, 2022

Another Clover Health Investments Corp. stockholder sued in Delaware Chancery Court for the company's books and records. The complaint comes a few weeks after a derivative suit alleging that the company failed to disclose a federal investigation prior to a $3.7 billion merger.

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Benzinga

AUGUST 18, 2022

Chamath Palihapitiya was one of the biggest names in the SPAC market in 2021 and when times were good for new companies going public, Palihapitiya had some of the best-performing deals of that year. Clover Health Investments (NASDAQ: CLOV ): Online health insurance. Price: $6.88. Return: -31.2%. Price: $5.20.

Technology 104

Technology Marketability 104

Law 360 M&A

MARCH 10, 2023

A Delaware state court recently held in Clover Health v.

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Reynolds Holding

OCTOBER 5, 2022

Lucia Companies, Inc. In Lee Enterprises , a beneficial owner of the company sought to nominate several directors as part of a takeover attempt, but it failed to comply with unambiguous advance notice bylaws requiring it to become a record holder and submit the company’s nominee questionnaire forms before the nomination deadline.

Start-ups 72

Start-ups Marketability Equity Compliance 72

Benzinga

OCTOBER 4, 2022

Once touted as the SPAC King, Chamath Palihapitiya used blank check companies to take several private companies public. What Happened: According to a new filing, Palihapitiya currently holds less than 5% of shares in Clover Health Investments (NASDAQ: CLOV ). The Clover Health SPAC merger was announced in October 2020.

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