Social Capital Hedosophia Holdings Corp. II
Completed 2020-12-18- CIK 1801169
- IPOB
- Now OPEN
- IPO 2020-04-29
- $414M trust
- 672 filings
Successfully merged with Opendoor Labs Inc. • Now trading as OPEN
- IPO Size
- $414M
- raised at the IPO
- Trust
- $414M
- as of 2020-09-30
- Current Status
- Completed
- from its latest filing
- IPO Year
- 2020
- year it listed
Filings, by quarter
672 filings over 27 quarters; violet bars carry a milestone
- 20 Q1: 14 filings
- 20 Q2: 17 filings
- 20 Q3: 17 filings
- 20 Q4: 54 filings
- 21 Q1: 37 filings
- 21 Q2: 35 filings
- 21 Q3: 30 filings
- 21 Q4: 12 filings
- 22 Q1: 23 filings
- 22 Q2: 17 filings
- 22 Q3: 12 filings
- 22 Q4: 20 filings
- 23 Q1: 28 filings
- 23 Q2: 28 filings
- 23 Q3: 17 filings
- 23 Q4: 39 filings
- 24 Q1: 42 filings
- 24 Q2: 38 filings
- 24 Q3: 23 filings
- 24 Q4: 16 filings
- 25 Q1: 17 filings
- 25 Q2: 24 filings
- 25 Q3: 34 filings
- 25 Q4: 30 filings
- 26 Q1: 16 filings
- 26 Q2: 22 filings
- 26 Q3: 10 filings
- S-1 filed 20 Q1
- IPO 20 Q2
- Definitive agreement 20 Q3
- Completed 20 Q4
SPAC Overview
Where it stands on the road from S-1 to merger
Timeline Progress
About
A blank-check company seeking to combine with an operating business. It intends to focus its search on technology-industry businesses primarily located in the United States, providing an alternative path to the public markets for such companies.
Investment Focus
Technology
Geographic Focus
United States
Key Information
As the filings state it
- IPO Date
- 2020-04-29
- Total Redemptions
- $100K
- PIPE
- $600M
- SIC
- 6770
- Completion Date
- 2020-12-18
- Merger Target
- Opendoor Labs Inc.
- SPAC Ticker
- IPOB
- Merged Ticker
- OPEN
Stock Performance
OPENTrading symbol, and its price at each step since the first trade
| Point | Date | Price | Move |
|---|---|---|---|
| First Trade | 2020-06-18 | $10.75 | |
| At Merger | 2020-12-21 | $31.25 | +191% |
| 6 Months Post-Merger | 2021-06-21 | $16.45 | -47% |
| 1 Year Post-Merger | 2021-12-20 | $14.04 | -55% |
| 2 Years Post-Merger | 2022-12-19 | $1.33 | -96% |
| Current Price | 2026-10-14 | $1.99 | -81% |
SPAC Team
The banks on its IPO, and the team as the filings describe it
Underwriters
Extended Team Information
Led by Chamath Palihapitiya of Social Capital and Ian Osborne of Hedosophia, with experience investing in, advising, operating and growing technology companies. The team also includes finance, legal, technology and media executives and directors with prior SPAC and public-company experience.