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Delwinds Insurance Acquisition Announces Requests To Redeem Public Shares

Delwinds Insurance Acquisition Corp. ("DWIN" or the "Company") (NYSE:DWIN), a publicly traded special purpose acquisition company, announced today that, as of 5:00 pm Eastern Time on September 12,

Benzinga · 09/13/2022 09:37

Delwinds Insurance Acquisition Corp. ("DWIN" or the "Company") (NYSE:DWIN), a publicly traded special purpose acquisition company, announced today that, as of 5:00 pm Eastern Time on September 12, 2022 (the "Redemption Deadline"), Delwinds has received requests to redeem a total of 10,991,407 DWIN public shares, which requests may be withdrawn at any time prior to the consummation of the previously announced business combination (the "Business Combination") between DWIN and FOXO Technologies Inc. ("FOXO"), or such other date as the Board of Directors of DWIN (the "DWIN Board") may determine to be the deadline for accepting withdrawals of such redemption requests. If all of the redemption requests received by DWIN as of the Redemption Deadline are satisfied by DWIN, 10,991,407 of the outstanding public shares of DWIN, representing 99.5% of the total public shares of DWIN outstanding prior to the Redemption Deadline, would be redeemed.