Social Capital Hedosophia Holdings Corp. VI announced that it has entered into an agreement with Sch Sponsor VI LLC to issue 2,000,000 warrants at a price of $2 pet warrant for gross proceeds of $4,000,000 on July 27, 2020. If the underwriter’s over-allotment option is exercised in full, the company may issue 2,150,000 warrants for gross proceeds of $4,300,000. Each warrant is exercisable to purchase one class A ordinary share at a price of $11.50 per share, subject to adjustment. The warrants will not be redeemable as long as they are held by the investor or its permitted transferees. The warrants will not be transferable, assignable or salable until 30 days after the completion of initial business combination.