 PHILADELPHIA, PA, Dec. 17, 2020 GLOBE NEWSWIRE -- INSU Acquisition Corp. III NASDAQ:IIIU the Company, a blank-check company sponsored by Cohen Company NYSE American: COHN and formed for the purpose of acquiring or merging with one or more businesses or entities in the insurance industry, today announced the pricing of its upsized initial public offering of 21,800,000 units at a price of 10.00 per unit, for gross proceeds to the Company of 218,000,000. The Companys units will be listed on the Nasdaq Capital Market under the symbol IIIU and will begin trading on December 18, 2020. Each unit issued in the offering consists of one share of the Companys Class A common stock and one-third of one warrant, each whole warrant exercisable for one share of Class A common stock at an exercise price of 11.50 per share. Once the securities comprising the units begin separate trading, the Class A common stock and warrants are expected to be listed on Nasdaq under the symbols III and IIIW, respectively. No fractional warrants will be issued upon separation of the units and only whole warrants will trade. The closing of the offering is anticipated to take place on or about December 22, 2020, subject to customary closing conditions. 