Social Capital Hedosophia Holdi

Social Capital Hedosophia Holdi

IPOF-WT
Social Capital Hedosophia HoldiUS flagNew York Stock Exchange
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Capital Structure

FRC

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

APIChatGPT
Sector
Financial Services
Industry
Shell Companies
Address
Business
Social Capital Hedosophia Holdings Corp. VI (IPOF-WT) operates as a blank check company whose redeemable warrants entitle holders to purchase one Class A ordinary share at an exercise price of $11.50 upon completion of a business combination; it focuses on mergers, share exchanges, asset acquisitions, share purchases, reorganizations, or similar transactions with technology sector targets. Formed in 2020 by a partnership between Social Capital, led by Chamath Palihapitiya, and Hedosophia, the company holds no significant operations beyond pursuing such combinations and is headquartered in Menlo Park, California, with prior addresses linked to Palo Alto. In a major development, it liquidated in October 2022 without identifying a target, redeeming Class A shares at approximately $10.01 per share on October 17 after ceasing trading on October 14, while its warrants (IPOF-WT) were delisted earlier due to low prices and expired worthless with no redemption rights.