MILE SEC filings, in plain English
Everything INSU Acquisition Corp. II has filed with the SEC that we hold — 40 filings, newest first, 1 with a plain-English summary of what changed and why it matters. Every row links to the primary document on EDGAR, so you can check the source rather than trust us.
The feed
live EDGAR captureNew filings appear here within minutes of hitting EDGAR; summaries follow once the pipeline has read them.
- What changed vs 2021-11-15going concern RESOLVED
going-concern doubt1 moved
- Going-concern doubt
- statednot stated
SpacBrain reads this as the substantial-doubt sentence is in the previous filing and not in this one.
Read from stored SEC filing text by a regex — no model is involved — and each side links to the filing it came from. “Not previously extracted” is a statement about our record, not about the company: the clause may be present in wording we do not match.
trust account, mandate language, redeemable sharesnothing moved · 3 with no prior record of ours
- Trust account
- $230.0Mnot matched in this filing
- Mandate language
- We intend to pursue additional intellectual property protect… · unchanged
- Redeemable shares
- 21.6Mnot matched in this filing
Read from stored SEC filing text by a regex — no model is involved — and each side links to the filing it came from. “Not previously extracted” is a statement about our record, not about the company: the clause may be present in wording we do not match.
What changed: Definitive merger proxy of Metromile, Inc. — the de-SPACed successor to INSU Acquisition Corp. II — for a completely virtual special meeting on February 1, 2022 at 9:00 a.m. Pacific Time, with a record date of December 28, 2021. The vote is on an Agreement and Plan of Merger dated November 8, 2021 under which Lemonade, Inc. acquires Metromile: Citrus Merger Sub A, Inc. merges into Metromile, and the survivor then merges into Citrus Merger Sub B, LLC, which continues as a wholly owned subsidiary of Lemonade. Why it matters: This is not a SPAC business combination — it is an operating company being bought, filed under the CIK a SPAC used to carry, and any logic that reads a tier-1 filing under a SPAC's CIK as that SPAC's own deal will mis-attribute it. The exchange ratio is fixed at 0.05263 Lemonade shares with cash for fractions, so value moves with Lemonade's price: the document states an implied $3.66 per Metromile share at Lemonade's $69.53 close on November 5, 2021, and $2.14 at its $40.66 close on December 28, 2021. Holders of about 11.3% signed voting and support agreements.
In plain English
Redemption deadlinethe last day to hand shares back for cash
Set by the filing that calls the meeting. Tender after it and the company is under no obligation to pay you the trust value.
Cash in trust / trust per sharethe cash the company is holding for each public share
Filed quarterly in the 10-Q's XBRL. It earns interest between filings, so the figure on a given day is slightly higher than the last filed one — where we show that we label it an estimate.
Accession numberthe SEC's unique id for one filing
Every figure on this page carries the accession of the filing that states it, so you can open the primary document rather than trust us.