- SPACs
- Social Capital Hedosophia Holdings Corp.
Social Capital Hedosophia Holdings Corp.
Completed 2019-10-25- CIK 1706946
- IPOA
- Now SPCE
- IPO 2017-09-15
- 689 filings
Successfully merged with Virgin Galactic • Now trading as SPCE
- IPO Size
- $690M
- raised at the IPO
- Current Status
- Completed
- from its latest filing
- IPO Year
- 2017
- year it listed
Filings, by quarter
689 filings over 39 quarters; violet bars carry a milestone
- 17 Q2: 2 filings
- 17 Q3: 29 filings
- 17 Q4: 2 filings
- 18 Q1: 7 filings
- 18 Q2: 1 filing
- 18 Q3: 2 filings
- 18 Q4: 1 filing
- 19 Q1: 4 filings
- 19 Q2: 1 filing
- 19 Q3: 29 filings
- 19 Q4: 46 filings
- 20 Q1: 27 filings
- 20 Q2: 33 filings
- 20 Q3: 20 filings
- 20 Q4: 19 filings
- 21 Q1: 23 filings
- 21 Q2: 19 filings
- 21 Q3: 22 filings
- 21 Q4: 13 filings
- 22 Q1: 17 filings
- 22 Q2: 19 filings
- 22 Q3: 13 filings
- 22 Q4: 12 filings
- 23 Q1: 27 filings
- 23 Q2: 39 filings
- 23 Q3: 17 filings
- 23 Q4: 17 filings
- 24 Q1: 25 filings
- 24 Q2: 28 filings
- 24 Q3: 17 filings
- 24 Q4: 22 filings
- 25 Q1: 14 filings
- 25 Q2: 27 filings
- 25 Q3: 10 filings
- 25 Q4: 15 filings
- 26 Q1: 19 filings
- 26 Q2: 39 filings
- 26 Q3: 9 filings
- 26 Q4: 3 filings
- S-1 filed 17 Q2
- IPO 17 Q3
- Definitive agreement 19 Q3
- Completed 19 Q4
SPAC Overview
Where it stands on the road from S-1 to merger
Timeline Progress
- Registration2017-05-25 Filed S1
- IPO2017-09-15 IPO, search begins
- Definitive Agreement2019-07-09 Agreement for merger
- Completed2019-10-25 Merger Completed
About
Social Capital Hedosophia Holdings Corp. is a blank-check company formed to effect a business combination with one or more businesses. It intends to focus its search on companies operating in the technology industries.
Investment Focus
Technology
Key Information
As the filings state it
- IPO Date
- 2017-09-15
- Total Redemptions
- $203M
- PIPE
- $20M
- SIC
- 6770
- Completion Date
- 2019-10-25
- Merger Target
- Virgin Galactic
- SPAC Ticker
- IPOA
- Merged Ticker
- SPCE
Stock Performance
SPCETrading symbol, and its price at each step since the first trade
| Point | Date | Price | Move |
|---|---|---|---|
| First Trade | 2017-09-29 | $10.50 | |
| At Merger | 2019-10-28 | $11.79 | +12% |
| 6 Months Post-Merger | 2020-04-27 | $17.89 | +52% |
| 1 Year Post-Merger | 2020-10-26 | $18.32 | +55% |
| 2 Years Post-Merger | 2021-10-25 | $20.04 | +70% |
| Current Price | 2026-10-14 | $2.55 | -76% |
SPAC Team
The banks on its IPO, and the team as the filings describe it
Underwriters
Extended Team Information
The team brings together Social Capital and Hedosophia investors and technology operators. Its leaders include Chamath Palihapitiya, a former Facebook executive and Social Capital founder, and Ian Osborne, Hedosophia co-founder and former DST Global partner, as well as experienced operators from companies including Microsoft, Cisco, Twitter and Sony Pictures.