Opendoor Announces Merger with Social Capital Hedosophia Holdings Corp. in Bid to Go Public

HousingWire, Sept. 15, 2020–Julia Falcon
iBuying platform Opendoor said it will merge with Social Capital Hedosophia Holdings Corp. II. to become a public company using the special purchase acquisition company in a deal that values Opendoor at $4.8 billion and provides it with up to $1 billion in cash proceeds.
https://www.housingwire.com/articles/opendoor-announces-merger-with-social-capital-hedosophia-holdings-corp-in-bid-to-go-public/