IPOE News and Press, Social Capital Hedosophia Holdings Corp. V Class A From 01/11/21

Adit Ventures Proud SoFi Investor Excited for SoFi's Plan to Become Publicly-traded via Merger with Social Capital Hedosophia PR Newswire NEW YORK , Jan. 11, 2021 /PRNewswire/ -- SoFi, A Leading Next-Generation Financial Services Platform, Announces Plans to...

SoFi agrees to a business combination with the Chamath SPAC IPOE. The fintech forecasts 2021 revenue of $990 million. The company has a promising AWS of fintech platform in Galileo. The stock is expensive at over 13x EV/S targets for 2021 suggesting investors wait for a better...

Social Capital Hedosophia Holdings VI (NYSE: IPOF) , a special purpose acquisition company (SPAC) headed by Chamath Palihapitiya that raised $1 billion in 2020, is soaring today. As of 3:10 p.m. EST, the blank-check company, as SPACs are called, had gained 9% after rising as much as...

The stock market continued its inexorable march higher on Thursday, as even violent uprisings at the U.S. Capitol weren't enough to stop the upward momentum on Wall Street. Most major market benchmarks traded at new all-time records by Thursday afternoon. As of 2 p.m. EST, the Dow Jones I...

One of famous venture capital investor Chamath Palihapitiya's special-purpose acquisition companies, or SPACs, was soaring on Thursday. As of noon EST, Social Capital Hedosophia Holdings V (NYSE: IPOE) was higher by 30%, and shares had been halted. As is usually the case when pr...

Chamath Palihapitiya has orchestrated some pretty impressive deals through special purpose acquisition companies (SPACs) in the past couple of years, including Virgin Galactic Holdings (NYSE: SPCE) and Opendoor Technologies (NASDAQ: OPEN) . And with three pre-deal SPACs stil...

Gainers: Social Capital Hedosophia Holdings (IPOE) +61%. Marathon Patent Group (MARA) +37%. Jianpu Technology (JT) +18%. Lion Group Holding (LGHL) +18%. Star Peak Energy Transition (STPK) +17%.Losers: Broadway Financial (BYFC) -10%. Summit Hotel Properties (INN) -10%. Encore Capital Group (EC...

SoFi’s mission is to help people achieve financial independence by getting their money right, providing access to a comprehensive suite of services in a single app that empowers members to borrow, save, spend, invest and protect their money SoFi’s one-stop shop, mult...

Social Capital Hedosophia Holdings Corp. V (IPOE) soars 25% after Reuters reports that online lending startup Social Finance (SOFI) is nearing a deal to go public by merging with the blank check company lead by VC investor Chamath Palihapitiya.The deal being considered would value SoFi at ove...

There's a tsunami of SPACs coming to market. These are almost custom-designed to benefit from a hot market that isn't too discriminating. Many of these companies are subpar and have complex features and securities attached, but people are eating them up. Among the basket, ther...