Should you buy IPoE stock before or after the merger?
May 27, 2021 · If the merger is approved (and there are high chances that it will), the stock will stop trading as IPOE on May 28. SoFi will start trading on …
What happens to IPoE stock after the SPAC merger?
May 07, 2021 · Once the merger is complete and IPOE stock becomes SOFI stock, it seems likely that the shares will go up. SoFi is a fintech company that …
Is IPoE stock making a big move to the upside?
Mar 26, 2021 · IPOE stock is potentially worth 30% more at $23.91 once the SPAC merger with Sofi closes. By Mark R. Hake, CFA Mar 26, 2021, 7:00 am EDT. March 25, 2021. Social Capital Hedosophia V (NYSE: IPOE ...
Will Sofi stock go up after the IPoE merger?
Apr 16, 2021 · IPOE stock has fallen about 15 percent from the date it announced the merger with SoFi and 37 percent from its all-time high reached in February. Article continues below advertisement Source: SoFi...
Will my IPOE stock convert to SoFi?
What stock did IPOE become?
How much does IPOE own of SoFi?
Under the deal, SoFi will collect about $2.4 billion from Private Investment in Public Equity (PIPE) investors who are getting in at $10/share. IPOE holds another $805 million of cash in trust. Existing shareholders would maintain control with a 74.2% stake.Apr 20, 2021
Is SoFi stock undervalued?
Did SoFi merge with IPOE?
Is SoFi still a SPAC?
Can I buy SoFi stock?
Is SoFi a good stock to own?
Investors should be very pleased with the way SoFi wrapped up 2021. The company reported an adjusted top line of $1.01 billion, translating to a robust 63% increase year over year.Apr 22, 2022
Is SoFi still going public?
Why is SoFi stock So low?
Why buy SoFi stock?
Is SoFi oversold?
Is IPOE stock short selling?
It appears that IPOE stock was the subject of some short-selling activity that is possibly linked to the delay in the merger. The postponement came after the U.S. Securities & Exchange Commission (SEC) updated its guidance about the accounting treatment of special purpose acquisition company (SPAC) warrants.
How much is SOFI in 2020?
In 2020, SoFi generated net revenue, excluding some items, of $621 million . And the company is forecasting that its revenue will reach $1 billion in 2021. In the third quarter of 2020, SoFi’s sales jumped about 60% year-over-year to $200 million. And that’s partly because the company continues to add members.
Is SOFI growing?
SoFi Is Growing Quickly. One criticism of SPACs is that it can be too easy for the target companies to escape the kind of scrutiny that is normally part of traditional initial public offerings. But unlike some companies that go public, SoFi has a significant, growing revenue base.
What IPOE (Sofi) Is Worth Post Merger
Sofi just released its 2020 earnings results. The financial technology company, which bills itself as a leading next-generation financial services platform, produced better revenue and adjusted EBITDA (earnings before interest, taxes, depreciation, and amortization) than forecast.
What To Do With IPOE Stock
This analysis shows that there is still good upside left in IPOE stock (SOFI). I believe that once the company merges and collects the $1.9 billion in new cash at the close, the stock will break higher. I suspect that the close will happen daily soon, although there is no definite date set yet.
Why IPOE stock is dropping
IPOE stock has been falling along with a long list of other SPAC names. IPOE stock has fallen about 15 percent from the date it announced the merger with SoFi and 37 percent from its all-time high reached in February.
IPOE and SoFi merger process continues
The merger was expected to close in the first quarter of 2021. We are well past that deadline and we haven’t heard on the shareholder vote yet. However, that doesn’t mean that the merger isn't going to happen. In fact, in a recent interview, Palihapitiya said that the transaction is in the final stages of merger deal approval.
IPOE stock will recover
After the steep drop in the stock in just a matter of a few weeks, this question is understandably on investors’ minds. While the rotation out of growth names has led to a drop in many names, it has also created bargain opportunities in the process.
IPOE SPAC stock looks like a good buy
IPOE SPAC stock is down 37 percent from its peak. While the stock is still trading at a nearly a 60 percent premium to the listing price, SoFi’s growth prospects and market-disrupting potential justify it.
SoFi and IPOE merger date is finalized
Originally, SoFi was supposed to merge with IPOE in the first quarter of 2021. However, the merger got delayed. The good thing is that the merger appears to be on track now. The company has kept May 27 as the voting date to approve the merger and intends to close the deal the next day. Beginning in June, SoFi will start trading on the exchanges.
What happens to SoFi after the IPOE merger?
On the technical front, IPOE would stop trading and the ticker would change to “SOFI” after the merger is complete. Investors want to know if SoFi will face the same post-merger blues that other SPACs, including those sponsored by Palihapitiya, have faced.
SoFi stock forecast after IPOE merger
After the merger, investors would compare IPOE with other fintech companies. There has been a severe sell-off in fintech companies, especially those that have listed over the last year. This includes Affirm, which delayed its IPO in 2020 and listed this year at a bumped-up IPO price.
Pay with the metal card, a bill in USD and being charged in Euros
hello everyone. I try to understand something and how to work with Revolut. I have metal card.
Transfer amounts
Guys ive heard horror stories of people being locked out or accounts for months if revolut decides that large sum transfers are suspicious. Just wondering what is the amount youve been flagged for and what is biggest amount you havent?
Rebilling on a Disposable Virtual Card
Say I create a Disposable Virtual Card, buy something, decide to return it, get the refund, and terminate it. Everything is good. But then the store/company I bought it from wants to rebill me for some reason. Will they still have the ability to rebill me or will it not be possible as I have already terminated the card I paid with?
Can I verify a transaction in advance?
I’m trying to book a hotel in another time zone but the payment is being declined because it needs to be verified.
When did Hedosophia go public?
It was in October of 2020 that Social Capital Hedosophia Holdings V went public through an initial public offering (IPO). 70 million units were offered at $10 apiece at that time, and so $700 million was raised for the company.
Who is the SPAC king?
Palihapitiya has been called the “SPAC king” as he’s been the sponsor of numerous SPAC’s. In fact, the Social Capital Hedosophia Holdings landing page shows six of them, all starting with the letters “IPO.”.
IPOE and SoFi merger voting date
IPOE hasn’t disclosed the date for the special shareholder vote meeting yet. However, there have been rumors that IPOE stock investors could vote on April 9. If IPOE shareholders vote to approve the merger deal, the transaction will close almost immediately and SoFi stock is expected to trade under the new ticker symbol “SOFI.”
Has the IPOE and SoFi merger been confirmed?
IPOE and SoFi announced their merger agreement on Jan. 7. The board of directors of both companies unanimously approved the transaction. However, IPOE shareholders need to approve it through a vote.
IPOE and SoFi merger has been delayed
While announcing the deal, IPOE and SoFi announced that they expect the transaction to close in the first quarter of 2021. The merger has been delayed for no apparent reason. In a recent interview, Palihapitiya said that the transaction is in the final stages of merger deal approval.
IPOE stock after it merges with SoFi
After the merger is completed, IPOE stock would automatically convert into SoFi. Existing IPOE stock investors have a few other options, including exercising their warrants and cashing out.
What happens to SoFi stock after the merger with IPOE?
IPOE stock looks cheap at less than $18 per share and 40 percent off its recent peak. SoFi provides various financial services through its app, including insurance, credit cards, loans, and investing. The fintech company has reported six consecutive quarters of accelerating YoY membership growth.
How much did Hedosophia raise?
At the time, Social Capital Hedosophia raised $700 million by offering 70 million units at $10. Palihapitiya and Ian Osborne, IPOE president and director, bring a vast amount of experience in identifying tech winners to the table.
What is SOFI loan?
Essentially, SoFi is an online fintech startup that specializes in all things personal finance. It helps customers with student loan refinancing, mortgages, personal loans, credit cards, investing and banking. Additionally, SoFi offers these students through desktop services and a mobile app.
Greed
I’ve done it again. I’ve gotten too greedy with these calls. I could have made profits, but I chose not too in hopes of prices going in my favor, which ended with me in loss. Tilray calls, door dash puts, etc. how do you guys combat greed?
Expected moves this week. Nvidia, Salesforce, Snowflake, Costco, BTC and more
Last Week – SPY finished the week inside its expected move, down about 0.5% vs the 1.5% move options were pricing for the week. The VIX closed just above 20, slightly higher on the week.
Nvidia Stock split and option effect
Today Nvidia announced a stock split. I'm currently holding a large number of 600c and 700c calls across a variety of months throughout the remainder of the year. Any recommendations how to play this type of scenario with a split coming up?
