Social Capital Hedosophia Holdings Corp. III (IPOC) Company Bio
Social Capital Hedosophia Holdings Corp. III focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. It intends to focus on businesses in the technology industries primarily located in the United States. The company was founded in 2019 and is based in Palo Alto, California.
Clover Health (NASDAQ:CLOV) stock is trading on the Nasdaq Exchange Friday after completing its merger with special purpose acquisition company (SPAC) Social Capital Hedosophia Holdings (NYSE:IPOC).
Here’s everything investors need to know about CLOV stock as it starts trading today.
Clover Health is a Medicare Advantage insurance company founded in 2014 and based out of Franklin, Tenn.
The company also has offices in San Francisco, Jersey City, Nashville, as well as Hong Kong.
It offers insurance to seniors through its software platform, Clover Assistant.
The company’s goal is to offer what it calls “obvious” plans that are easy to understand with data it provides through Clover Assistant.
The Clover SPAC merger was initially set to value the company at $3.7 ...
Social Capital Hedosophia Holdings Corp. III (NYSE: IPOC) ("SCH" and, after the Domestication and business combination as described below, "Clover Health"), a publicly traded special purpose acquisition company, announced today that in an extraordinary general meeting on January 6, 2021, its shareholders voted to approve its proposed business combination (the "business combination") with Clover Health Investments, Corp. ("Clover"). Approximately 99.5% of the votes cast at the meeting, representing approximately 65.0% of SCH’s outstanding shares, voted to approve the business combination.
Clover Health Investments, Corp., an innovative technology company improving health outcomes for America's seniors, today announced it has released the full recording of the company's analyst day presentation which was held on Friday, November 20, 2020.
Social Capital Hedosophia Holdings Corp. III (the "Company") announced today that it priced its initial public offering of 72,000,000 units at $10.00 per unit. The units will be listed on the New York Stock Exchange (the "NYSE") and trade under the ticker symbol "IPOC.U" beginning April 22, 2020. Each unit consists of one Class A ordinary share and one-third of one redeemable warrant. Each whole warrant entitles the holder thereof to purchase one Class A ordinary share at a price of $11.50 per share. Only whole warrants are exercisable. Once the securities comprising the units begin separate trading, the Class A ordinary shares and redeemable warrants are expected to be listed on the NYSE under the symbols "IPOC" and "IPOC WS," respectively.