Opendoor Technologies Inc.

Social Capital Hedosophia Holdings Corp. II, trading under the ticker IPOB, was a blank-check company sponsored by Social Capital Hedosophia, the firm led by investor Chamath Palihapitiya, and completed its initial public offering in 2020. The SPAC targeted the real estate technology sector, announcing a business combination with Opendoor Technologies Inc. in September 2020. Opendoor, an iBuying and digital home marketplace platform, subsequently began trading on Nasdaq under the ticker OPEN following the close of the transaction in December 2020, marking one of the more prominent SPAC deals in the proptech space that year. Sign up at SpacDesk for full deal data, filings, and analytics on this and hundreds of other SPAC transactions.

SPAC Counterparty (1)