July 19, 2021
Kin Insurance, Inc. (Kin), the insurance technology company that makes home insurance easy and affordable, and Omnichannel Acquisition Corp. (NYSE: OCA), a publicly-traded special purpose acquisition company, have announced that they have entered into a definitive business combination agreement. Upon closing of the transaction, the combined company will be named Kin Insurance, Inc. and is expected to remain listed on the NYSE under the new ticker symbol “KI”.
Latham & Watkins LLP represents Kin Insurance, Inc. in the transaction with a corporate deal team led by Houston partner John Greer, with Houston associates Ryan Lynch, Bryan Ryan, Sarah Dunn, Dylan Carroll, and Brent Wagner. Advice was also provided on tax matters by Houston partner Bryant Lee, with Houston associates Jared Grimley and Chelsea Muñoz-Patchen; on antitrust matters by Washington, D.C. partner Jason Cruise and Washington, D.C. counsels Peter Todaro and Joseph Simei; on benefits and compensation matters by Washington, D.C. partner Adam Kestenbaum, with Washington, D.C. associate Kirk Porter; and on environmental matters by Houston partner Joel Mack and Los Angeles counsel Josh Marnitz.