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Delwinds Insurance Acquisition Anticipates Forward Purchase and Revised Backstop Agreements on FOXO Deal | DealFlow's SPAC News
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Delwinds Insurance Acquisition announced today that it anticipates entering into a forward purchase arrangement for up to 3 million shares to an unnamed investor at the closing of the SPAC's merger with FOXO Technologies. Sales of the investor shares could start after a 15-month term that begins at closing. Delwinds also anticipates an amendment to
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