Streetbeat News

SKGR

SK Growth Opportunities Corporation

Industry

Shell Companies

SK Growth Opportunities Corporation focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. The company was founded in 2021 and is based in New York, New York. SK Growth Opportunities Corporation operates as a subsidiary of Auxo Capital Managers LLC.

Open

11.49

Mkt cap

176M

Volume

5.1K

High

11.49

P/E Ratio

52.18

52-wk high

11.61

Low

11.48

Div yield

N/A

52-wk low

10.78

Tennessee has banned retail brokerage Webull from government-issued computers and smartphones of state employees due to concerns over its ties to China. This move adds to Webull's growing issues related to its Chinese connections.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2024 | 2:31 pm

Webull Corporation is planning a U.S. listing through a merger with SK Growth Opportunities Corp. (NASDAQ:SKGR), valuing the combined entity at $7.3 billion. The move comes after Webull decided to divest its cryptocurrency trading operations due to regulatory challenges, aiming to comply with SEC requirements. This strategic pivot is seen as a key step in overcoming previous obstacles to going public. Webull, with 20 million users and $370 billion in equity notional volumes, also announced a partnership with the Brooklyn Nets and New York Liberty.

Portfolio Pulse from Piero Cingari

February 28, 2024 | 11:02 pm

Webull Corporation is going public through a SPAC merger with SK Growth Opportunities Corporation (NASDAQ:SKGR), valuing Webull at $7.3 billion. The merger will see Webull, a digital investment platform with over 20 million users and significant trading volumes, list under a new ticker. Investors include General Atlantic and Coatue Management. SKGR's stock rose 5% on the announcement.

Portfolio Pulse from Chris Katje

February 28, 2024 | 2:48 pm

Webull Corporation is set to go public through a business combination with SK Growth Opportunities Corporation (NASDAQ:SKGR), valuing the combined entity at approximately $7.3 billion. The transaction, expected to close in the second half of 2024, will see Webull's shares listed on NASDAQ under a new ticker symbol. Webull, a leading digital investment platform, boasts 20 million registered users globally and operates in 15 regions with significant trading volumes. The merger is supported by notable institutional backers and aims to expand Webull's offerings and market presence.

Portfolio Pulse from Benzinga Newsdesk

February 28, 2024 | 2:09 pm

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