Clover Health to go public via merger with Social Capital SPAC: CNBC

Clover Health, a medical health insurance startup, will go public via a merger with Social Capital Hedosophia Holdings Corp II, a blank check company led by Social Capital CEO Chamath Palihapitiya, reported CNBC.

Clover Health, a medical health insurance startup, will go public via a merger with Social Capital Hedosophia Holdings Corp II, a blank check company led by Social Capital CEO Chamath Palihapitiya, reported CNBC. The news outlet noted that the deal puts Clover Health at a valuation of $3.7 billion.

Source: CNBC