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Insurtech, Archimede SpA to Float on AIM
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The Board of Directors of insurtech company Archimede S.p.A. deliberated the next formal startup of the listing process on the AIM Market of the Italian Stock Exchange targeting €30-47m funding. Archimede is the new Special Purpose Acquisition Company (Spac) promoted by insurance manager Andrea Battista, banking expert Giampiero Rosmarini and insurtech thought leader Matteo Carbone.