8/4/2023 0 Comments Shift car salesThese risks, uncertainties, assumptions and other important factors include, but are not limited to, (1) the occurrence of any event, change or other circumstances that could give rise to the termination of the Business Combination (2) the inability to complete the transactions contemplated by the Business Combination due to the failure to obtain approval of the stockholders of Insurance Acquisition Corp. ![]() Such forward-looking statements are subject to known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the Insurance Acquisition Corp.'s or Shift's control that could cause actual results to differ materially from the results discussed in the forward-looking statements. These statements are based on the Insurance Acquisition Corp.'s or Shift's management's current expectations and beliefs, as well as a number of assumptions concerning future events. In particular, such forward-looking statements may include statements concerning the timing of the Business Combination the business plans, objectives, expectations and intentions of the public company once the transaction is complete, and Shift's estimated and future results of operations, business strategies, competitive position, industry environment and potential growth opportunities. These statements, which involve risks and uncertainties, relate to analyses and other information that are based on forecasts of future results and estimates of amounts not yet determinable and may also relate to the Insurance Acquisition Corp.'s and Shift's future prospects, developments and business strategies. Forward-looking statements may be identified by the use of words such as "anticipate", "believe", "could", "continue", "expect", "estimate", "may", "plan", "outlook", "future" and "project" and other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. This press release contains "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. For more information please visit Forward Looking Statements Shift provides comprehensive, digital solutions throughout the car ownership lifecycle: finding the right car, having a test drive brought to you before buying the car, a seamless digitally-driven purchase transaction including financing and vehicle protection products, an efficient, digital trade-in/sale transaction, and a vision to provide high-value support services during car ownership. Shift's mission is to make car purchase and ownership simple - to make buying or selling a used car fun, fair, and accessible to everyone. Shift is a leading end-to-end auto ecommerce platform transforming the used car industry with a technology-driven, hassle-free customer experience. Start to finish, evaluation appointments take approximately one hour. If they accept, the customer will complete the transaction digitally, including electronic payment initiation and DMV paperwork, right then and there using Shift's unique iPad app. If they wish to move forward, they can then book an evaluation appointment where a Shift Concierge will come to their location, evaluate the car and make a final offer. ![]() ![]() They can begin by getting an instant, no-obligation online quote on. With Shift's car-buying service, which is now available to consumers within the greater Las Vegas region, consumers have an easy, fast, and transparent alternative to the traditional methods of selling their cars. We look forward to serving the residents of this populous metropolitan area and bringing them an easier way to sell their cars," commented Shift Co-CEO Toby Russell. ![]() "As a business-friendly city and a major thoroughfare, Las Vegas was a strategic choice for our first market in Nevada. With the addition of this new market, the company's first in the state of Nevada, consumers are now eligible to sell their cars directly to Shift in 11 geographies across the United States. SAN FRANCISCO, /PRNewswire/ - Leading used car ecommerce platform Shift (NASDAQ: SFT) today announced the launch of its service to purchase cars from consumers in the Las Vegas region.
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