spac Clover Health

Social Capital Hedosophia Holdings Corp. III to Trade on Nasdaq in Connection with its Proposed Business Combination with Clover Health.

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Trading is expected to start on Nasdaq on January 8, 2021 under the new ticker symbol “CLOV” to your Clover Health Class A common stock and “CLOVW” for the Clover Health warrants. Until the Domestication and transfer is complete, the SCH regular shares, warrants and units will continue to trade under the ticker symbols “IPOC”, “IPOC.WS” and “IPOC.U”, respectively, on NYSE.

Social Capital Hedosophia Holdings Corp. III (NYSE: IPOC) today announced the impending transfer of the record of its Class A ordinary shares, par value $0.0001 per share and redeemable warrants from the New York Stock Exchange (NYSE) to the Nasdaq Global Select Market (Nasdaq) linked to its pending business combination with Clover Health Investments, Corp.

Prior to the consummation of the business combination, SCH will domesticate as a Delaware company, and in relation to the business mix, SCH will change its name to “Clover Health Investments, Corp.” Included in the Domestication, each of the then issued and outstanding SCH Class A ordinary shares, will convert automatically, on a one-for-one basis, into a discussion of Class A common stock, par value $0.0001 per share, of Clover Health; each of the then issued and outstanding SCH warrants will convert automatically into a redeemable warrant to acquire 1 share of Clover Health Class A common stock; and also every one of the then issued and outstanding units of SCH that have never been formerly separated into the inherent SCH Class A ordinary shares and underlying SCH warrants upon the request of the holder thereof will be cancelled and will entitle the holder thereof to one talk of Clover Health Class A common stock and one-third of one Clover Health merit.

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