ScION Tech Growth II
SCOB
NASDAQ Capital Market10.20
USD
+0.01
- -
ScION Tech Growth II
SCOB
(NASDAQ Capital Market)
Recent
price
10.20
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Similar Companies
- 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.