Nukkleus (NUKK) announced that it is the majority owner of the sponsor of a newly formed special purpose acquisition company named SC II Acquisition Corp. On October 16, 2025, SCII filed a registration statement on Form S-1 with the Securities and Exchange Commission in connection with a proposed initial public offering of its units. SCII intends to raise $150 million in the proposed IPO through the sale of units. Each unit is expected to have an offering price of $10.00 and consists of one Class A ordinary share and one right to receive one fifth of a Class A ordinary share upon the consummation of an initial business combination. SCII also expects to grant the underwriters an option to purchase up to an additional $22.5 million of units in the proposed IPO. SCII intends to list its units to be issued on the Nasdaq Global Market under the symbol “SCIIU”. Menachem Shalom, CEO of Nukkleus, is expected to serve as the CEO of SC II. D. Boral Capital is acting as the book-running manager for the proposed IPO.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NUKK: