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Social Capital Hedosophia Holdings Corp. IV (IPOD)

NYSE - NYSE Delayed price. Currency in USD
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10.23+0.01 (+0.10%)
At close: 04:00PM EST
10.29 +0.06 (+0.59%)
After hours: 04:42PM EST
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  • Business Wire

    Social Capital Hedosophia Holdings Corp. IV Receives Expected Notice from the NYSE Regarding Delayed Filing of Quarterly Report

    On April 12, 2021, the Acting Director of the Division of Corporation Finance and Acting Chief Accountant of the U.S. Securities and Exchange Commission (the "SEC") together issued a statement regarding the accounting and reporting considerations for warrants issued by special purpose acquisition companies entitled "Staff Statement on Accounting and Reporting Considerations for Warrants Issued by Special Purpose Acquisition Companies (‘SPACs’)" (the "SEC Staff Statement"). As previously disclosed, given the scope of the process for determining the appropriate accounting treatment of its outstanding warrants in accordance with the SEC Staff Statement and Accounting Standards Codification ("ASC") 815-40, Derivatives and Hedging: Contracts in an Entities Own Equity, Social Capital Hedosophia Holdings Corp. IV ("the Company") was unable to complete and file its Quarterly Report on Form 10-Q for the fiscal quarter ended March 31, 2021 (the "Form 10-Q") by the required due date without unreasonable effort and expense.