IPOF SEC filings, in plain English
Everything Social Capital Hedosophia Holdings Corp. VI has filed with the SEC that we hold — 40 filings, newest first, 3 with a plain-English summary of what changed and why it matters. Every row links to the primary document on EDGAR, so you can check the source rather than trust us.
The feed
live EDGAR captureNew filings appear here within minutes of hitting EDGAR; summaries follow once the pipeline has read them.
- What changed vs 2022-05-06trust $1.15B → $1.15B +0%sponsor loan $1.0M → $1.3M
trust account, sponsor loans outstanding, combination deadline +22 moved · 3 with no prior record of ours
- Trust account
- $1.15B$1.15B
- Sponsor loans outstanding
- $1.0M$1.3M
- Combination deadline
- 2022-10-14 · unchanged
- Going-concern doubt
- stated · unchanged
- Redeemable shares
- 115.0M · unchanged
SpacBrain reads this as $1,460,846 was added to the trust between the two filings.
The clause “34,433 Total current assets 215,555 471,731 Marketable securities held in Trust Account 1,151,702,972 1,150,139,597 Total Assets $ 1,151,918,527 $ 1,150,611,328 LIABILITIES, TEMPORARY EQUITY AND”…
SpacBrain reads this as the sponsor has advanced $250,000 more.
The clause …“the effective date of a Business Combination. As of June 30, 2022, there was $ 1,262,500 outstanding under the Promissory Note. The Company may need to raise additional capital through loans or additional investments from its Sponsor,”…
The clause …“It is uncertain whether or not the Company will be able to consummate a Business Combination by October 14, 2022. If a Business Combination is not consummated by this date and such date is not extended pursuant to the Company’s”…
The clause …“to it on commercially acceptable terms, if at all. These conditions raise substantial doubt about the Company’s ability to continue as a going concern for a reasonable period of time, which is considered to be one year from the”…
The clause …“500,000,000 shares authorized, 0 shares issued and outstanding (excluding 115,000,000 shares subject to possible redemption) at June 30, 2022 and December 31, 2021 — — Class B ordinary shares, $ 0.0001 par value; 50,000,000”…
Read from stored SEC filing text by a regex — no model is involved — and each side links to the filing it came from. “Not previously extracted” is a statement about our record, not about the company: the clause may be present in wording we do not match.
- What changed vs 2021-11-19trust $1.15B → $1.15B +0%sponsor loan $663K → $1.0M
trust account, sponsor loans outstanding, redeemable shares +32 moved · 4 with no prior record of ours
- Trust account
- $1.15B$1.15B
- Sponsor loans outstanding
- $663K$1.0M
- Redeemable shares
- not previously extracted115.0M
- Combination deadline
- 2022-10-14 · unchanged
- Going-concern doubt
- stated · unchanged
- Mandate language
- the Company intends to focus on businesses operating in the …not matched in this filing
SpacBrain reads this as $131,521 was added to the trust between the two filings.
The clause “34,433 Total current assets 379,262 471,731 Marketable securities held in Trust Account 1,150,242,126 1,150,139,597 Total Assets $ 1,150,621,388 $ 1,150,611,328 LIABILITIES, TEMPORARY EQUITY AND”…
SpacBrain reads this as the sponsor has advanced $350,000 more.
The clause …“the effective date of a Business Combination. As of March 31, 2022, there was $ 1,012,500 outstanding under the Promissory Note. The Company may need to raise additional capital through loans or additional investments from its Sponsor,”…
The clause …“500,000,000 shares authorized, 0 shares issued and outstanding (excluding 115,000,000 shares subject to possible redemption) at March 31, 2022 and December 31, 2021 — — Class B ordinary shares, $ 0.0001 par value; 50,000,000”…
The clause …“Association. It is uncertain whether the Company will be able to consummate a Business Combination by October 14, 2022. If a Business Combination is not consummated by this date and such date is not extended pursuant to the Company’s”…
The clause …“to it on commercially acceptable terms, if at all. These conditions raise substantial doubt about the Company’s ability to continue as a going concern for a reasonable period of time, which is considered to be one year from the”…
Read from stored SEC filing text by a regex — no model is involved — and each side links to the filing it came from. “Not previously extracted” is a statement about our record, not about the company: the clause may be present in wording we do not match.
- What changed vs 2021-03-30trust $1.15B → $1.15B +0%sponsor loan $500K → $813Kmandate language changedshares 110.6M → 115.0M +4%
trust account, sponsor loans outstanding, mandate language +34 moved · 2 with no prior record of ours
- Trust account
- $1.15B$1.15B
- Sponsor loans outstanding
- $500K$813K
- Mandate language
- we intend to focus our search for a target business operatin…focus its search for a target business operating in the tech…
- Redeemable shares
- 110.6M115.0M
- Combination deadline
- 2022-10-14 · unchanged
- Going-concern doubt
- stated · unchanged
SpacBrain reads this as $115,019 was added to the trust between the two filings.
The clause “582 of cash from operating activities. At December 31, 2021, we had investments held in the Trust Account of $1,150,139,597 (including approximately $140,000 of interest income) consisting of money market funds which are invested in U.S.”…
SpacBrain reads this as the sponsor has advanced $312,500 more.
The clause …“effective date of a Business Combination. As of December 31, 2021, there was $812,500 outstanding under the Promissory Note. In order to fund working capital deficiencies or finance transaction costs in connection with a Business”…
SpacBrain reads this as 4,420,017 more shares carry a redemption right.
The clause …“500,000,000 shares authorized, 0 shares issued and outstanding (excluding 115,000,000 shares subject to possible redemption) — — Class B ordinary shares, $ 0.0001 par value; 50,000,000 shares authorized; 28,750,000 shares”…
The clause …“a Business Combination. However, if the Company has not completed a Business Combination by October 14, 2022 (as such period may be extended pursuant to the Company’s Amended and Restated Memorandum and Articles of”…
The clause …“accounting firm’s report contains an explanatory paragraph that expresses substantial doubt about our ability to continue as a “going concern.” As of December 31, 2021, we had $37,298 in our operating bank accounts and a working”…
Read from stored SEC filing text by a regex — no model is involved — and each side links to the filing it came from. “Not previously extracted” is a statement about our record, not about the company: the clause may be present in wording we do not match.
- What changed vs 2021-08-16trust $1.15B → $1.15B +0%sponsor loan $500K → $663K
trust account, sponsor loans outstanding, combination deadline +32 moved · 4 with no prior record of ours
- Trust account
- $1.15B$1.15B
- Sponsor loans outstanding
- $500K$663K
- Combination deadline
- 2022-10-14 · unchanged
- Going-concern doubt
- stated · unchanged
- Mandate language
- the Company intends to focus on businesses operating in the … · unchanged
- Redeemable shares
- 102.1Mnot matched in this filing
SpacBrain reads this as $28,992 was added to the trust between the two filings.
The clause “76,165 Total Current Assets 636,798 1,242,474 Marketable securities held in Trust Account 1,150,110,605 1,150,024,578 Total Assets $ 1,150,747,403 $ 1,151,267,052 LIABILITIES, TEMPORARY EQUITY AND”…
SpacBrain reads this as the sponsor has advanced $162,500 more.
The clause …“effective date of a Business Combination. As of September 30, 2021, there was $ 662,500 outstanding under the Promissory Note. The Company may need to raise additional capital through loans or additional investments from its Sponsor,”…
The clause …“a Business Combination. However, if the Company has not completed a Business Combination by October 14, 2022 (as such period may be extended pursuant to the Company’s Amended and Restated Memorandum and Articles of”…
The clause …“to it on commercially acceptable terms, if at all. These conditions raise substantial doubt about the Company’s ability to continue as a going concern for a reasonable period of time, which is considered to be one year from the”…
Read from stored SEC filing text by a regex — no model is involved — and each side links to the filing it came from. “Not previously extracted” is a statement about our record, not about the company: the clause may be present in wording we do not match.
- What changed vs 2021-07-07trust $1.15B → $1.15B +0%
trust account, redeemable shares, combination deadline +31 moved · 5 with no prior record of ours
- Trust account
- $1.15B$1.15B
- Redeemable shares
- not previously extracted102.1M
- Combination deadline
- 2022-10-14 · unchanged
- Going-concern doubt
- stated · unchanged
- Sponsor loans outstanding
- $500K · unchanged
- Mandate language
- the Company intends to focus on businesses operating in the … · unchanged
SpacBrain reads this as $28,675 was added to the trust between the two filings.
The clause “76,165 Total Current Assets 681,959 1,242,474 Marketable securities held in Trust Account 1,150,081,613 1,150,024,578 Total Assets $ 1,150,763,572 $ 1,151,267,052 LIABILITIES, TEMPORARY EQUITY AND”…
The clause …“12,860,375 and 17,423,489 shares issued and outstanding (excluding 102,139,625 and 97,576,511 shares subject to possible redemption) at redemption value at June 30, 2021 and December 31, 2020 respectively. 1,286 1,742”…
The clause …“a Business Combination. However, if the Company has not completed a Business Combination by October 14, 2022 (as such period may be extended pursuant to the Company’s Amended and Restated Memorandum and Articles of”…
The clause …“to it on commercially acceptable terms, if at all. These conditions raise substantial doubt about the Company’s ability to continue as a going concern for a reasonable period of time, which is considered to be one year from the”…
The clause …“be borrowed to an aggregate principal amount of $ 500,000 . The aggregate outstanding balance under the Promissory Note of $ 500,000 was repaid at the closing of the Initial Public Offering on October 14, 2020. Borrowings under the”…
Read from stored SEC filing text by a regex — no model is involved — and each side links to the filing it came from. “Not previously extracted” is a statement about our record, not about the company: the clause may be present in wording we do not match.
- What changed vs 2020-11-23going concern APPEARED
going-concern doubt, trust account, combination deadline +21 moved · 4 with no prior record of ours
- Going-concern doubt
- not statedstated
- Trust account
- not previously extracted$1.15B
- Combination deadline
- 2022-10-14 · unchanged
- Sponsor loans outstanding
- $500K · unchanged
- Mandate language
- the Company intends to focus on businesses operating in the … · unchanged
SpacBrain reads this as the substantial-doubt sentence is in this filing and not in the previous one.
The clause …“to it on commercially acceptable terms, if at all. These conditions raise substantial doubt about the Company’s ability to continue as a going concern for a reasonable period of time, which is considered to be one year from the”…
The clause …“805,240 876,165 Total Current Assets 946,061 1,242,474 Marketable securities held in Trust Account 1,150,052,938 1,150,024,578 Total Assets $ 1,150,998,999 $ 1,151,267,052 LIABILITIES, TEMPORARY EQUITY AND PERMANENT EQUITY Current”…
The clause …“a Business Combination. However, if the Company has not completed a Business Combination by October 14, 2022 (as such period may be extended pursuant to the Company’s Amended and Restated Memorandum and Articles of”…
The clause …“could be borrowed to an aggregate principal amount of $500,000. The aggregate outstanding balance under the Promissory Note of $500,000 was repaid at the closing of the Initial Public Offering on October 14, 2020. Related Party Loans In”…
Read from stored SEC filing text by a regex — no model is involved — and each side links to the filing it came from. “Not previously extracted” is a statement about our record, not about the company: the clause may be present in wording we do not match.
What changed: FY2020 10-K for Social Capital Hedosophia Holdings Corp. VI. The 14 October 2020 IPO sold 115,000,000 units at $10.00 including the full 15,000,000-unit over-allotment, gross $1,150,000,000. At 31 December 2020 investments held in the trust account were $1,150,024,578 (deposit plus $24,578 of interest) and 110,579,983 Class A shares were carried as subject to possible redemption at $1,105,823,463, against 4,420,017 non-redeemable Class A and 28,750,000 Class B. Deferred underwriting fee payable $40,250,000; net loss $385,384; stated deadline 14 October 2022. Why it matters: The auditor's report on this $1.15 billion trust carries an explanatory paragraph expressing substantial doubt about the company's ability to continue as a going concern - driven entirely by money outside the trust, $366,309 of cash and $1,048,891 of working capital, which the trust may not legally fund. Share counts reconcile (4,420,017 + 110,579,983 = 115,000,000) and the deferred fee is exactly $0.35 a unit. The 14 October 2022 date is the charter deadline as printed, extendable only by charter amendment; it was not written to any deadline column.
What changed: Pre-IPO stub 10-Q. Social Capital Hedosophia VI was incorporated July 10, 2020 and this period ends September 30, 2020; the IPO closed on October 14, 2020, after the reporting date. At September 30 it held $125,640 of cash and a $5,000 net loss consisting of formation costs, funded by a sponsor promissory note and $5,000 of advances. Disclosed as subsequent events: $1,150,000,000 placed in trust at $10.00 per unit, $1,584,406 of cash held outside it at October 14, and a deadline of October 14, 2022. Why it matters: Every figure that matters here is a subsequent event, not a balance-sheet fact - the trust did not exist at September 30, 2020. The deferred underwriting fee is $0.35 a unit, $40,250,000 in aggregate, and it is partly rebated: the underwriter reimburses 10% of the non-deferred commission, of which $2,000,000 was paid to Connaught (UK) Limited at closing, and 20% of the deferred fee, of which $8,050,000 goes to Connaught on completion. An outside adviser is being paid out of underwriting economics.
What changed: IPO pricing prospectus for Social Capital Hedosophia Holdings Corp VI - a $1,000 million offering. Units at $10.00, each one Class A ordinary share and ONE-FOURTH of one redeemable warrant at $11.50; only whole warrants exercise. $1,000 million ($1,150 million with the over-allotment), $10.00 per unit, into a J.P. Morgan Chase trust, including $0.35 per unit ($35,000,000) deferred. The sponsor bought 11,000,000 private warrants at $2.00 EACH - $22,000,000. 24 months from closing to complete. Why it matters: The private placement warrants cost the sponsor $2.00 apiece, double the $1.00 most of this cohort pays and a third more than the $1.50 the larger deals use - so the sponsor's at-risk capital per warrant, which is what is lost if no deal closes, is materially higher than the tier's default. Amending the public warrants requires 65% of them for anything other than the enumerated exceptions. A quarter-warrant unit needs four units to make one exercisable warrant.
In plain English
Redemption deadlinethe last day to hand shares back for cash
Set by the filing that calls the meeting. Tender after it and the company is under no obligation to pay you the trust value.
Cash in trust / trust per sharethe cash the company is holding for each public share
Filed quarterly in the 10-Q's XBRL. It earns interest between filings, so the figure on a given day is slightly higher than the last filed one — where we show that we label it an estimate.
Accession numberthe SEC's unique id for one filing
Every figure on this page carries the accession of the filing that states it, so you can open the primary document rather than trust us.