ScION Tech Growth II

ScION Tech Growth II

SCOB
ScION Tech Growth IIUS flagNASDAQ Capital Market
10.20
USD
+0.01
- -
No data availableFinancial data will appear here once available

Capital Structure

FRC

in mil. unless spec.
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Working Capital

FRC

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Growth Rates

FRC

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Quarterly Revenue

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Quarterly Earnings Per Share

FRC

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Quarterly Dividends Per Share

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Company Description

APIChat
CEO
Andrea Pignataro
Sector
Financial Services
Industry
Shell Companies
Address
10 Queen St Place London United Kingdom EC4R 1BE
IPO Date
Apr 5, 2021
Business
ScION Tech Growth II ScION Tech Growth II is a blank check company incorporated in the Cayman Islands in 2020 and headquartered in London, United Kingdom, with no significant operations other than seeking to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company, sponsored by an affiliate of ION Investment Group Limited, primarily targets technology-enabled businesses offering specific technology solutions, broader technology software, and services in the financial services sector; its structure includes Class A ordinary shares and warrants traded on Nasdaq under the symbols SCOB and SCOBW, respectively, following its $300 million initial public offering in February 2021 priced at $10 per unit with Citigroup as book-running manager. Led by Executive Chairman Andrea Pignataro, CEO Mathew Cestar, and CFO Alex Triplett, it operates globally with a focus on financial institutions, governments, and corporations, though it announced in January 2023 its intent to redeem all outstanding Class A ordinary shares and liquidate by February 13, 2023, due to failure to complete an initial business combination within the deadline, resulting in cessation of operations except for winding up.