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SK Growth Opportunities Completes Merger with Webull

Story Highlights
  • SKGR completed a Business Combination with Webull, leading to delisting of its SPAC securities.
  • The merger resulted in leadership changes and integration of Webull’s securities registration and resale plans.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
SK Growth Opportunities Completes Merger with Webull

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SK Growth Opportunities Corp. Class A ( (SKGR) ) just unveiled an announcement.

On April 10, 2025, SK Growth Opportunities Corp. Class A (SKGR) announced the consummation of a Business Combination with Webull, resulting in significant changes to its corporate structure and securities. The company notified Nasdaq of the effective merger and requested the delisting and deregistration of its SPAC securities, which led to the suspension of trading on April 14, 2025. This move is part of a broader strategy to integrate with Webull, as evidenced by the execution of a Registration Rights Agreement and a Warrant Assignment Agreement, which outline the registration and resale of Webull’s securities. The merger also resulted in the resignation of SKGR’s key executives and directors, with new leadership taking over at the surviving company, Merger Sub II.

More about SK Growth Opportunities Corp. Class A

YTD Price Performance: 14.03%

Average Trading Volume: 120,635

Technical Sentiment Signal: Strong Sell

Find detailed analytics on SKGR stock on TipRanks’ Stock Analysis page.

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