Ticker Launch
Sign inTry it free

SPAC · Merger completed

Social Capital Hedosophia Holdings Corp. V

Business combination with Social Finance, Inc.

Social Capital Hedosophia Holdings Corp. V is a blank-check company (SPAC) that raised $700M in its initial public offering on Oct 13, 2020, listing on New York Stock Exchange. It completed its business combination with Social Finance, Inc. on May 28, 2021; the combined company is SoFi Technologies, Inc. (SOFI). Credit Suisse led the IPO. Skadden, Arps advised the SPAC and A&O Shearman advised the underwriters on the IPO.

Social Finance (SoFi) offers products for borrowing, saving, spending, investing and protecting money, serving over 1.8 million members. Membership also includes career advisors and community connections, and SoFi holds naming rights to SoFi Stadium, home of the Los Angeles Chargers and Rams.

Status
Merger completed
IPO date
Oct 13, 2020
IPO size
$700M
IPO exchange
New York Stock Exchange
Target
Social Finance, Inc. (SoFi)
Announced
Jan 7, 2021
Closed
May 28, 2021
Combined company
SoFi Technologies, Inc. (SOFI)
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

Every record in the database also has its full filing timeline, a daily-updated calendar, watchlist alerts and Excel export.

Try it free for 7 daysOpen in Ticker Launch

Then $99/month or $999/year. Cancel anytime.

Filings

Other deSPACs that closed in 2021