Social Capital Leaving NYSE to List with Opendoor on Nasdaq

Social Capital Hedosophia Holdings II in connection with its proposed merger with Opendoor Labs, announced today it will voluntarily withdraw listing of the SPAC’s common stock, warrants, and units from the NYSE and list the post-combination company on the Nasdaq, pending shareholder approval of the deal. Trading of common stock and warrants of the post-combination company, Opendoor Technologies, is expected to begin Dec. 21 on the Nasdaq under “OPEN” and “OPENW”, respectively. The last day of trading on the NYSE is expected to be Dec. 18, the day after the scheduled shareholder vote on the merger. Read more.

Total
0
Shares
Related Posts
Northern Star Acquisition
Read More

Northern Star Stockholders Approve $1.6B BARK Merger

The combined company would have an enterprise value of approximately $1.6 billion, including debt. BARK expects to receive up to $454 million in cash at closing, assuming there were no redemptions by Northern Star’s stockholders. The amount includes an upsized fully-committed $200 million PIPE.