Social Capital Hedosophia Rumored to be Delaying IPOs
Mar 16, 2020 INTEL by Kristi Marvin
No one is immune.
This is still unconfirmed, but Bloomberg is reporting that the two Social Capital Hedosophia SPAC IPOs (IPOB.U and IPOC.U), that were anticipated to price tonight for trading tomorrow, are rumored to be postponed. Whether that means they will try and price tomorrow night or next week is unclear.
That’s all the information available right now, but on a day where the equity markets had their worst day since 1987’s Black Monday, it seems prudent to take a pause.
An update will be provided if further information becomes available.