Social Capital Hedosophia. - IPOA.U
Now SPCE Virgin Galactic
12,106,110 shares were redeemed on October 23, 2019.
Warrant - 1 plus $11.50 > 1 share. Call 18.
Unit = 1 com + 1/3 warrant.
IPO Trust $10. July 18, 10.06?
Term 24 months. September 19, 2019.
Underwriter Credit Suisse
U.S.-based trust account at J.P. Morgan Chase Bank, N.A., with Continental Stock Transfer & Trust Company acting as trustee.
Sponsor, SCH Sponsor Corp
Social Capital was founded by Chamath Palihapitiya, Managing Partner, who was one of the original members of the Facebook management team.
Chamath Palihapitiya on cnbc and Delivering Alpha conference prior to IPO and on IPO day.
PALO ALTO, CA, September 14, 2017 — Social Capital Hedosophia Holdings Corp. (the “Company”), today announced the pricing of its initial public offering of 60,000,000 units at a price of $10.00 per unit. The units will be listed on the New York Stock Exchange (the “NYSE”) and trade under the ticker symbol “IPOA.U” beginning September 14, 2017. Each unit consists of one Class A ordinary share and one-third of one warrant. Each whole warrant may be exercised for one Class A ordinary share at a price of $11.50 per share.