Social Capital Hedosophia Holdings Corp. IV announced private placement of 4,500,000 warrants at a price of $2 per warrant for gross proceeds of $9,000,000 with existing investor SCH Sponsor IV LLC on September 18, 2020. The company has granted over-allotment option to issue additional 525,000 warrants if the underwriter’s over-allotment option is exercised in full. Each warrant is exercisable into one Class A ordinary share at $11.50 per share, subject to adjustment. The transaction will close simultaneously with the public offering. The securities are not transferable, assignable or salable until 30 days after the completion of our initial business combination.