Dune Acquisition Corporation II (IPOD)

Forum for Democratic Change (FDC) Spokesperson Ibrahim Ssemujju Nganda has revealed that their party delayed renewing its membership with Interparty Organization for Dialogue (IPOD) because President Yoweri Museveni wants to use it as a platform to control political parties. The Kira municipality lawmaker told journalists on Monday during the press conference at Najjanankumbi that IPOD’s […] The post “We are ready to leave IPOD for Museveni, Mao and Akena’- FDC’s Ssemujju Nganda appeared first o...

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There is an unusual abundance of low-priced stocks in the market right now.

IPOF: Bet Alongside Chamath Palihapitiya At A Great Price

PALO ALTO, Calif.--(BUSINESS WIRE)--On April 12, 2021, the Acting Director of the Division of Corporation Finance and Acting Chief Accountant of the U.S. Securities and Exchange Commission (the “SEC”) together issued a statement regarding the accounting and reporting considerations for warrants issued by special purpose acquisition companies entitled “Staff Statement on Accounting and Reporting Considerations for Warrants Issued by Special Purpose Acquisition Companies (‘SPACs')” (the “SEC Staf

PALO ALTO, Calif.--(BUSINESS WIRE)--On April 12, 2021, the Acting Director of the Division of Corporation Finance and Acting Chief Accountant of the U.S. Securities and Exchange Commission (the “SEC”) together issued a statement regarding the accounting and reporting considerations for warrants issued by special purpose acquisition companies entitled “Staff Statement on Accounting and Reporting Considerations for Warrants Issued by Special Purpose Acquisition Companies (‘SPACs’)” (the “SEC Staff Statement”). As previously disclosed, given the scope of the process for determining the appropriate accounting treatment of its outstanding warrants in accordance with the SEC Staff Statement and Accounting Standards Codification (“ASC”) 815-40, Derivatives and Hedging: Contracts in an Entities Own Equity, Social Capital Hedosophia Holdings Corp. IV (“the Company”) was unable to complete and file its Quarterly Report on Form 10-Q for the fiscal quarter ended March 31, 2021 (the “Form 10-Q”) by the required due date without unreasonable effort and expense. On May 25, 2021, the Company received a notice (the “Notice”) from the New York Stock Exchange (the “Exchange”) indicating that, as a result of not having timely filed the Form 10-Q with the SEC, the Company is not in compliance with Section 802.01E of the NYSE Listed Company Manual (the “Listing Rule”). The Listing Rule requires listed companies to timely file all required periodic reports with the SEC. The Notice indicated that the Company can regain compliance with the Exchange’s listing standards at any time prior to November 24, 2021 by filing the Form 10-Q. If the Company fails to file the Form 10-Q by such date, the Exchange may grant, at its sole discretion, an extension for the Company to regain compliance, depending on the specific circumstances. The Notice also stated that the Exchange may nevertheless commence delisting proceedings at any time if it deems that the circumstances warrant. While the Company can provide no assurances as to timing, the Company plans to file the Form 10-Q as soon as practicably possible, and no later than November 24, 2021, and regaining compliance with the Listing Rule. Forward-Looking Statements This press release includes “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, including relating to the filing of the 10-Q, other than statements of historical fact included in this press release are forward-looking statements. When used in this press release, words such as “anticipate,” “believe,” “estimate,” “expect,” “intend” and similar expressions, as they relate to the Company or its management team, identify forward-looking statements. Such forward-looking statements are based on the beliefs of management, as well as assumptions made by, and information currently available to, the Company’s management. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors detailed in the Company’s filings with the SEC. All subsequent written or oral forward-looking statements attributable to the Company or persons acting on its behalf are qualified in their entirety by this paragraph. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company’s Annual Report on Form 10-K, as it may be amended, filed with the SEC. Copies of such filings are available on the SEC’s website, www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

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Social Capital Hedosophia V could be a champion buy, but in today's market, respecting this week's price action in IPOE stock is critical. The post Why and Where Social Capital Hedosophia V Stands Out appeared first on InvestorPlace.

Solid gains for the overall market could re-ignite interest in special purpose acquisition companies.

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The risks are simply too high to buy IPOD stock at this point. My best advice on SPACs like this?

Before you buy a high-interest SPAC, here's one thing to keep in mind.

Special purpose acquisition companies can be lucrative, but you have to be aware of the risks.

As IPOD stock is currently trading at a premium, it is a high risk high return play. The post When Social Capital Hedosophia Holdings IV Names A Partner, IPOD Stock Could Become Another Winner appeared first on InvestorPlace.

Chamath Palihapitiya is a very busy man. This could cause issues for IPOD stock in the short run as traders turn elsewhere.