Successfully merged with Opendoor Labs Inc. • Now trading as OPEN
SPAC Overview
$360M
IPO Size
$414M
Trust (as of 2020-09-30)
Completed
Current Status
2020
IPO Year
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
The terms and the filing trail behind Social Capital Hedosophia Holdings Corp. II
What the sponsor registered, what the deal actually priced at, and every 8-K that moved it — unit structure, sponsor promote, and the dated lifecycle events, each linked to its filing.
- Unit structure as registered and as priced — price, warrant coverage, rights, trust per unit
- Sponsor promote: founder shares and percentage, private-placement warrants, trust deposit
- The full 8-K lifecycle timeline, each event linked to its filing
- Price history across the unit, share and warrant tickers
- Follow it, and see it change on your watchlist
SPAC Team
Sponsors
Leadership
Chamath Palihapitiya
Chairman of the Board of Directors, Chief Executive Officer
Eric Chung-Wei Wu
Chairman of the Board of Directors, Chief Executive Officer, Co-Founder, Director
Andrew Low Ah Kee
President
Ian Osborne
Director, President
Julie Marie Todaro
President of Homes & Services, President of Homes and Services
Carrie Wheeler
Chief Financial Officer
Gautam Gupta
Former Chief Financial Officer, Strategic Advisor and former Chief Financial Officer and Chief Operating Officer
Jason Child
Former Chief Financial Officer
Steven Trieu
Chief Financial Officer
Daniel Morillo
Chief Investment Officer
Elizabeth Ann Stevens
Head of Legal
Ian Hoi Ming Wong
Chief Technology Officer
Simon P.V. Williams
General Counsel, Secretary
Tom Joseph Willerer
Chief Product Officer
Glenn Solomon
Director
Jason Kilar
Director
Jonathan M. Jaffe
Director
Pueo Keffer
Director
Adam Bain
Director, Director Nominee
Cipora Herman
Director, Director Nominee
David Spillane
Director, Director Nominee
David Weiden
Jeff Crowe
Jeffrey T. Housenbold
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.
Stock Performance
OPEN
Trading Symbol
First Trade
2020-06-18
$10.75
At Merger
2020-12-23
$27.25
+153%
6 Months Post-Merger
2021-06-21
$16.45
-40%
1 Year Post-Merger
2021-12-21
$14.80
-46%
2 Years Post-Merger
2022-12-21
$1.14
-96%
Current Price
2026-10-02
$2.44
-77%
Key Information
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