Announced
Financials
Sources
Tags
Majority
Domestic
Pending
Friendly
stock trading mobile application
United States
FinTech
Acquisition
Reverse Takeover
De-SPAC
Private
Merger
Single Bidder
Synopsis
Webull, a stock trading mobile application that features commission-free stock and exchange-traded fund trading, agreed to go public via a SPAC merger with SK Growth Opportunities, a special purpose acquisition company, in a $7.3bn deal. "The business combination with SK Growth marks a significant milestone for Webull. We believe SK Growth's partnership and experience fully aligns with our long-term vision to make Webull the platform of choice for the new generation of investors globally," Anquan Wang, Webull Founder and CEO.
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