Go-Public Transactions Research Repository

How companies actually went public

A research repository of completed go-public transactions: traditional IPOs, de-SPACs, direct listings, reverse mergers, spin-offs and uplistings. Each page reconstructs how the transaction was structured, who received the economic benefit, what valuation public investors paid and what happened after closing.

Every material fact carries a pinpoint citation identifying the form, filing date, accession number, named section and page. Every calculated value shows its formula and the source of each input, and is re-checked on every build.

Browse the transaction index · Read the methodology

What makes a page here different

Completion is verified, not assumed

A filed registration statement does not prove a transaction closed. Each record reconciles an evidence package before it is published: effectiveness, final prospectus, Exchange Act registration, first trading and closing disclosure.

Reconciliation is the product

Sources and uses, capitalization, dilution and sponsor economics are dispersed across filings and exhibits. The analysis reconstructs them into one reconciled view and shows where the underlying figures disagree.

Reported facts and site analysis stay separate

Issuer representations, this site's calculations, its assumptions and its conclusions are labelled distinctly. Calculations live in a structured register with machine-checked arithmetic.

Pages are maintained after closing

Trading performance, subsequent operating results, lockup expirations and later filings are tracked at one, three, six and twelve months, with a visible revision history.

Latest analyses

  • Bob's Discount Furniture 2026 IPO

    BOBS · Traditional IPO · February 5, 2026

    Bob's Discount Furniture sold 19.45 million primary shares at $17.00 in February 2026, raising $330.65 million gross and approximately $302.7 million net. The proceeds repaid a term loan borrowed three months earlier to help fund a $423.3 million dividend to pre-IPO holders. The offering therefore principally refinanced a shareholder distribution, and Bain Capital retained approximately 73.2% after the over-allotment.

    Research profile

  • Opendoor 2020 De-SPAC (Social Capital Hedosophia Holdings Corp. II)

    OPEN · De-SPAC · April 28, 2020

    Social Capital Hedosophia Holdings Corp. II raised $414.0 million in an April 2020 SPAC IPO and completed a business combination with Opendoor on December 18, 2020 at an implied enterprise value of $5.0 billion. A concurrent PIPE of 60,005,000 shares at $10.00 raised $600.05 million, approximately 1.45 times the trust itself, so third-party private capital was the larger source of transaction funding.

    Research profile

  • Clover Health 2021 De-SPAC (Social Capital Hedosophia Holdings Corp. III)

    CLOV · De-SPAC · April 22, 2020

    Social Capital Hedosophia Holdings Corp. III raised $828.0 million in an April 2020 SPAC IPO and completed a business combination with Clover Health on January 7, 2021. Redemptions totalled 24,892 shares, approximately 0.03% of the public shares, leaving $827.87 million in trust immediately before closing. Of that, $499.75 million was applied to the cash component of the merger consideration paid to existing Clover Health holders. Affiliates of the sponsor subscribed for $155 million of the $400 million concurrent PIPE at the same $10.00 price as other investors.

    Research profile

  • Virgin Galactic 2019 De-SPAC (Social Capital Hedosophia Holdings Corp.)

    SPCE · De-SPAC · September 14, 2017

    Social Capital Hedosophia Holdings Corp. raised $690.0 million in a September 2017 SPAC IPO and completed a business combination with the Virgin Galactic companies on October 25, 2019. The operating businesses were acquired for 130,000,000 shares at a deemed value of $10.00 per share. The sponsor received 15,750,000 shares on conversion of founder shares subscribed for $25,000 in aggregate, and SCH's chief executive officer separately purchased 10,000,000 shares from the selling shareholder for $100.0 million in cash.

    Research profile

Coverage

The repository begins with completed 2026 transactions and works backward by year. Coverage rules, the transaction taxonomy and the SPAC policy are set out in the coverage policy. A completed de-SPAC receives one integrated analysis running from the SPAC's original IPO S-1 through the completed business combination.

Structured data for every published transaction is available at /data/transactions.json.