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      6. Social Capital Hedosophia Holdings Corp (IPOA)

      7. Social Capital Hedosophia Holdings Corp (IPOA) News

      Social Capital Hedosophia Holdings Corp

      Social Capital Hedosophia Holdings Corp (IPOA)

      NYSE
      11.79
      0.00
      ( 0.00% )
      Updated: 19:00:00
      Delayed by 15 minutes

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      IPOA News

      Official News Only

      Unknown (sec Staff)
      Edgar (US Regulatory)
      November 07 2019
      IPOA (0.00%)

      Unknown (sec Staff)
      Edgar (US Regulatory)
      November 07 2019
      IPOA (0.00%)

      IPOA Discussion

      View Posts
      novicetrader novicetrader 4 years ago
      I do believe it was 1:1.But that being said,it does not mean future mergers(IPOB & IPOC) will also use the same ratio,it varies case by case, at least that's my understanding.
      👍️0
      jimmy999 jimmy999 4 years ago
      hi - for a future investor of ipob ipoc, what was the final conversion rate for ipoa to spce please - 1 to 1?
      👍️0
      jimmy999 jimmy999 4 years ago
      hi - for a future investor of ipob ipoc, what was the final conversion rate for ipoa to spce please - 1 to 1?
      👍️0
      jimmy999 jimmy999 4 years ago
      hi - for a future investor of ipob ipoc, what was the final conversion rate for ipoa to spce please - 1 to 1?
      👍️0
      north40000 north40000 5 years ago
      Confused? Try to answer this--- The stock, Virgin Galactica, is trading as SPCE on CNBC-TV. I held shares of IPOA.U last Friday.

      https://investorshub.advfn.com/Virgin-Galactica-Holdings-spce-37259/
      👍️0
      ArrowsOverAthens ArrowsOverAthens 5 years ago
      As a result of and upon the effective time of the Domestication, among other things, (1) each of the then issued and outstanding Class A ordinary shares, par value $0.0001 per share, of SCH (the “SCH Class A ordinary shares”), will convert automatically, on a one-for-one basis, into a share of common stock, par value $0.0001 per share, of VGH, Inc. (the “VGH, Inc. common stock”), (2) each then issued and outstanding redeemable warrant of SCH (the “SCH warrants”) will convert automatically into a redeemable warrant to acquire one share of VGH, Inc. common stock (the “VGH, Inc. warrants”), and (3) each then issued and outstanding unit of SCH (the “SCH units”) will convert automatically into a unit of VGH, Inc. (the “VGH, Inc. units”), with each VGH, Inc. unit representing one share of VGH, Inc. common stock and one-third of one VGH, Inc. warrant.

      Accordingly, this prospectus covers (1) 3,780,768 VGH, Inc. units to be issued in the Domestication, (2) 65,228,822 shares of VGH, Inc. common stock to be issued in the Domestication (including shares included in the VGH, Inc. units described above) and (3) 22,999,981 VGH, Inc. warrants to be issued in the Domestication (including redeemable warrants included in the units described above).
      👍️0
      ArrowsOverAthens ArrowsOverAthens 5 years ago
      https://www.otcmarkets.com/stock/IPOA/disclosur
      👍️0
      boxergirl boxergirl 5 years ago
      This is the best day we have had since initial announcement of merger in the Summer (which of course faded). Maybe this means we are getting closer to finalisation of the merger. The volume of some of the buys (one over a million shares) is terrific. I added to my holdings earlier in the week. As this is my only holding, got to miss the 800 point Dow drop.
      👍️0
      novicetrader novicetrader 5 years ago
      Virgin news,will help us :
      https://www.virgingalactic.com/articles/virgin-galactic-and-italian-air-force-announce-world-first-government-contract-for-human-tended-research-flight/
      👍️0
      barnovage barnovage 5 years ago
      Long this hype train. Wait until passengers go to their Christmas dinners and all they talk about is space and being weightless. No valueplay here.
      👍️0
      novicetrader novicetrader 5 years ago
      same with me here, I started looking at this on Day 1 of announcement.Been scratching my head ever since as to lack of investor enthusiasm. For days, it was trading between 10.34-10.35, a penny up or a penny down,lol!!! And yes, only last few days, it has perked up.Let's move IPOA/VGH.
      👍️0
      boxergirl boxergirl 5 years ago
      Yea, I am a news momo trader and jumped in the day they announced the merger and expected to make a lot of money and it pretty much did nothing. But I kept it on my stream watch list expecting the day would come when it would awaken. I decided a couple of weeks ago that that day had to come and the downside risk was so negligible that I decided to just park a ton of my account in it. The thing that has been so weird about the trading has been the tight range in spite of tons of orders passing through for 100,000 shares, etc. Judging from volume today in PM (amazing there is any), the march towards dollar increases may have begun yesterday.
      👍️0
      novicetrader novicetrader 5 years ago
      Absolutely no doubt about the merger happening.But I think investors were unsure about which stock ticker that Virgin would merge with, they felt it might not be IPOA specifically(don't understand though why they were confused).If you look at the earlier posts even on this board,you will see what I mean.
      👍️0
      boxergirl boxergirl 5 years ago
      It seems very clear to me that the merger will happen, I am not doubting that. How can one not think that teaming up with early FB executive and early TWTR executive would be a bad move. You know we wouldn't be here if SA hadn't killed Khashoggi. This is a hurry up and wait one.
      👍️0
      novicetrader novicetrader 5 years ago
      Yeah, some of these filings have such 'legal language' that it's difficult to know what in the world they are trying to say,lol! I really feel the confusion over whether Virgin is effectively merging with the ticker IPOA,that confusion is keeping this thing in check.Other stocks move on the flimsiest of fluffy news,but this one is stuck.To me at least, just the 'story effect' here seems huge.
      Good luck.
      👍️0
      boxergirl boxergirl 5 years ago
      I am sure you are quite right, I have trouble reading those things, too lawyerized. I noted your post of 3 weeks ago at the strange way this thing trades. I believe I have now held this longer than I've ever held anything...about a week and a half...I can't help but think once the merger is completed, it will trade very differently.
      👍️0
      novicetrader novicetrader 5 years ago
      I thought the S4 said that,did I misinterpret maybe:

      "As a result of and upon the effective time of the Domestication, among other things, (1) each of the then issued and outstanding Class A ordinary shares, par value $0.0001 per share, of SCH (the “SCH Class A ordinary shares”), will convert automatically, on a one-for-one basis, into a share of common stock, par value $0.0001 per share, of VGH, Inc......."

      But then,wonder what the SCH:IPOA ratio is now, maybe that's the thing which will tell us what we actually get?
      👍️0
      boxergirl boxergirl 5 years ago
      I'm not sure it can be 1:1 since Social Capital only will own 49%.

      So great to see some price movement today. This stock has traded in a way I have never seen, been hard as heck to wait for it, but I do think explosion is in its future.
      👍️0
      novicetrader novicetrader 5 years ago
      Looks like the exchange ratio is 1:1,right?So for every IPOA share we have we get 1 share of VGH.I don't believe we need to do anything, our brokers generally will do the transition(at least that's how my previous experience with mergers has been).Good luck
      👍️0
      novicetrader novicetrader 5 years ago
      Did you see the IPOA SEC 425 filing today? Looks great.
      👍️0
      boxergirl boxergirl 5 years ago
      As per S-4 filed, new ticker will be VGH...Virgin Galactic Holdings.
      It is unclear to me though whether we will need to do anything to have our shares transition over.
      👍️0
      novicetrader novicetrader 5 years ago
      also found this from today:
      https://www.etftrends.com/innovative-etfs-channel/virgin-galactic-readies-for-investors/
      👍️0
      novicetrader novicetrader 5 years ago
      from CNBC yesterday,the guy clearly spelled out the ticker for the merger.Do you still think there's confusion about Virgin Galactic merging with IPOA?

      https://www.cnbc.com/video/2019/09/17/company-will-be-profitable-within-a-couple-of-years-virgin-galactic-ceo.html
      👍️0
      novicetrader novicetrader 5 years ago
      Are you saying that it isn't going to be IPOA?But, the SEC filings seem to indicate it is this ticker,right?
      Even the latest filing shows up under IPOA:
      https://www.sec.gov/Archives/edgar/data/1706946/000119312519238293/d740846d8k.htm
      👍️0
      crudeoil24 crudeoil24 5 years ago
      The SPAC merger will go into an OTC shell. In my opinion.

      They wouldn't review the four symbol shell name on CNBC interview.



      👍️0
      novicetrader novicetrader 5 years ago
      They have filed for approval to extend the deadline by which to consummate the merger.If they aren't given the extension, they will have to return the funds to shareholders.This is what I understood, but hoping they get that extension. My first time in a SPAC, so not sure if my understanding is even correct,but the risk(for me) is minimal,so haven't even been paying attention to the price action(which is so boring,hardly moves a penny up or down,lol!)
      👍️0
      crudeoil24 crudeoil24 5 years ago
      Interesting. Nice find!
      👍️0
      novicetrader novicetrader 5 years ago
      oh,didn't know that statistic. But as I see this IPOA one specifically,as per SEC filing earlier,even if this spac liquidates as a failure, we shareholders get $10.32 per share back.So no downside from present levels, but upside can be quite big,just IMO.
      👍️0
      crudeoil24 crudeoil24 5 years ago
      Kathleen Smith, a principal at Renaissance Capital.

      She says there have been 22 deals over the past two years where operating businesses have joined the stock market by merging with "blank check" companies (which are technically known as Special Purpose Acquisition Vehicles or SPACs).

      Average returns on those deals after the mergers? A negative 13.5%.
      👍️0
      novicetrader novicetrader 5 years ago
      Have been scratching my head since that day in July, as to why the lack of investor interest in this one.I strongly believe IPOA is going to be huge, the story in itself is fascinating.Honestly think the public isn't yet fully aware of how these SPACs(special purpose acquisition corporation) operate.Been holding & adding since July.
      👍️0
      crudeoil24 crudeoil24 5 years ago
      Space tourism, Rishard Branson, GALACTIC.
      👍️0
      crudeoil24 crudeoil24 5 years ago
      Long interview, but if this is the equity, massive upside run

      IPOA
      👍️0
      novicetrader novicetrader 5 years ago
      CNBC interview with Richard Branson & Chamath Palihapitiya today:
      https://www.cnbc.com/video/2019/07/09/watch-cnbcs-full-interview-with-richard-branson-and-chamath-palihapitiya.html
      👍️0
      Semi_round_tub Semi_round_tub 5 years ago
      What's the buy price when this stock goes public
      👍️0

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