Boiler Room: The Official Stock Market Discussion

[Rickdogg44]

IPOE Stock - Social Capital Hedosophia Holdings Corp. V SEC Filings

in the S-1:

"This is an initial public offering of our securities. Each unit has an offering price of $10.00 and consists of one Class A ordinary share and one-fourth of one redeemable warrant. Each whole warrant entitles the holder thereof to purchase one Class A ordinary share at a price of $11.50 per share, subject to adjustment as provided herein, and only whole warrants are exercisable. No fractional warrants will be issued upon separation of the units and only whole warrants will trade. The warrants will become exercisable on the later of 30 days after the completion of our initial business combination and 12 months from the closing of this offering, and will expire five years after the completion of our initial business combination or earlier upon redemption or liquidation, as described in this prospectus. "

So buying this Spac gives me the right to buy shares at 11.50 right for every share I own?

Warrants do (most spacs at $11.50). Watch the ratio. With IPOE you need 4 Warrants to be have ability to buy at $11.50

FCAC has one to three, vs one to four above.

 

[Rekkapryde]

Warrants do (most spacs at $11.50). Watch the ratio. With IPOE you need 4 Warrants to be have ability to buy at $11.50

FCAC has one to three, vs one to four above.

how do we buy the warrants?

 

[pete clemenza]

Sofi must not be a fidelity listed company cuz I don't find them when I searched. Don't know much about them tho. I know they got the football stadium, I think the new one in LA. I'll have to keep an eye on them. Hopefully arkf grabs some.

That's just naming rights. They don't own the stadium but they're definitely on the come up




-Hell of a day today though. Tesla still runnin'

 

[winb83]

how do we buy the warrants?

Looks like every 4 shares you own of the spac you get the right to a full share after it merged.

 

[Doomsday]

Yaw nikkas got finessed on IPOE. That halt was a genius marketing move.

Inside traders belly full off IPOE profit taking.

 

[Saysumthinfunnymike]

I got some puts that its going to $15

If it does.. that is where I buy more

 

[Rekkapryde]

Looks like every 4 shares you own of the spac you get the right to a full share after it merged.

hmmmm, so since I bought 400 shares of IPOE, I get the right to buy 75 of the new merged stock?

Is that right @Rickdogg44

 

[Saysumthinfunnymike]

Yaw nikkas got finessed on IPOE. That halt was a genius marketing move.

Inside traders belly full off IPOE profit taking.

Of course but it's likely it hits 30 in the near future im good at my 17.62 current average

 

[Rickdogg44]

how do we buy the warrants?

Type in IPOE, my webull and schwab show "IPOE-WS" and "IPOE/WS" respectively. Should have a "W" right after ordinary ticker



Just watch the ratio, before it seems most spacs were 1 to 1. Vs 1 to 4 like IPOE

 

[winb83]

Yaw nikkas got finessed on IPOE. That halt was a genius marketing move.

Inside traders belly full off IPOE profit taking.

I'm not trading it. I plan to hold 4-5 years. Went ahead and bought 5 more and got to 80 shares so I can get the other 20 off the warrants after the merger and I'll leave it at that.

 

[dora_da_destroyer]

Warrants do (most spacs at $11.50). Watch the ratio. With IPOE you need 4 Warrants to be have ability to buy at $11.50

FCAC has one to three, vs one to four above.

wait, the 1/4 warrant at $5 right now allows me to buy a share at 11.50 later? or do i need to buy four 1/4 warrants ($20 today) to buy one share at 11.50?

 

[the cac mamba]

went in nicely on that trump terror dip yesterday, got more apple, facebook, qqq and xlk

this market is an unstoppable force

 

[Hiphoplives4eva]

my next whip gonna be a Cybertruck off the strength.

copping a model Y myself.

 

[dora_da_destroyer]

Yaw nikkas got finessed on IPOE. That halt was a genius marketing move.

Inside traders belly full off IPOE profit taking.

SoFi will trade well above the current price of IPOE, so yea, profit margins may be slim if you were playing for the pre-merger flip, but this is one I'm sticking with after the merger

 

[Rickdogg44]

hmmmm, so since I bought 400 shares of IPOE, I get the right to buy 75 of the new merged stock?

Is that right @Rickdogg44

Edit: ratios need to be researched by ticker