Ticker LaunchSPAC · Merger completed
Social Capital Hedosophia Holdings Corp. III
Business combination with Clover Health
Social Capital Hedosophia Holdings Corp. III is a blank-check company (SPAC) that raised $720M in its initial public offering on Apr 23, 2020, listing on New York Stock Exchange. It completed its business combination with Clover Health on Jan 7, 2021; the combined company is Clover Health Investments, Corp. (CLOV). Credit Suisse led the IPO. Skadden, Arps advised the SPAC and A&O Shearman advised the underwriters on the IPO.
Clover Health is a healthcare technology company whose mission is to help its members live their healthiest lives. It works with members and their doctors to align its business goals with members' health needs.
- Status
- Merger completed
- IPO date
- Apr 23, 2020
- IPO size
- $720M
- IPO exchange
- New York Stock Exchange
- Target
- Clover Health
- Announced
- Oct 6, 2020
- Closed
- Jan 7, 2021
- Combined company
- Clover Health Investments, Corp. (CLOV)
- IPO underwriters
- Credit Suisse
- SPAC counsel (IPO)
- Skadden, Arps and Maples and Calder
- Underwriters' counsel (IPO)
- A&O Shearman
More on this SPAC for subscribers
- Trust balance and value per share
- Redemptions at each extension and at the merger vote
- Liquidation deadline and extension history
- PIPE and other committed financing
- Merger proxy, registration statement and investor presentation
- Analyst notes from the filings
Every record in the database also has its full filing timeline, a daily-updated calendar, watchlist alerts and Excel export.
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Filings
- IPO prospectus (424B4) Apr 23, 2020
- Deal announcement (8-K) Oct 6, 2020
- Press release
- All filings on EDGAR CIK 1801170
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