Social Capital Hedosophia Holdings Corp. V
Close the merger with SoFi
Delivered after the deadline (58 days after the deadline)
AI-confirmed · human review in progress Independent AI checks agreed on primary SEC or regulator evidence. Records are now being reviewed by hand, starting with those our customers order.
- Announced
- 7 Jan 2021
- Due
- 31 Mar 2021
- Delivered
- 28 May 2021
- Deadline
- Met
- Late
- Not met
- Today
What the company said
“The transaction, which has been unanimously approved by SCH’s board of directors and the independent directors of SoFi’s board of directors, is expected to close in the first quarter of 2021”
What we found
Evidence strength A What the grades mean
The company announced an expected closing in the first quarter of 2021, but the merger was not completed until May 28, 2021.
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A Social Capital Hedosophia Holdings Corp. V 10-Q filed 2021-08-16
“The transactions contemplated by the terms of the Agreement were completed on May 28, 2021 (the “Closing”)” ✓ confirmed on the page
Market reaction: the shares moved -3.6% against the S&P 500 over the three sessions around the disclosure (13 Aug 2021 to 18 Aug 2021). What this measures
Checked 24 Oct 2026.
Commitment DNA
The structured record of this commitment. Fields the company did not state are left blank rather than guessed.
- Event type
- Merger
- Indicative materiality
- Transformational rules
- Action
- Close
- Deliverable
- merger with SoFi
- Language
- Expected (“expects”, “plans”)
- In the company’s control
- Medium
- Specificity
- High
- Conditional
- Yes: approval by SCH's shareholders; customary closing conditions; regulatory approvals
- Depends on
- Shareholder, Regulatory
How this entry was checked
- Commitment recordedThe company's words were matched word for word against the filing.
- First checkAn AI model, Gemini (Google), read the company's later filings and recorded the outcome with a quoted passage.
- Second check: agreesA different AI model, Claude (Anthropic), re-read the evidence without being told the outcome and reached the same answer.
Confirmed. This outcome counts towards the company's Kept Score. How verification works
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Report an error in this entry Reference: KI-C-2021-SOFI-021237 · Corrections policy