Social Capital Hedosophia II Files Investor Presentation on Opendoor

The company has a $223 million merger agreement with Hunch Technologies and Aeroflow Urban Air Mobility.

The SPAC joins the ranks of scores of blank-check companies telling investors they can no longer rely on previous financial statements after the SEC rocked the market with an April 12 staff comment that warrants should be treated as liabilities on the balance sheet, not equity instruments.