The digital brokerage firm soared in popularity during the Covid pandemic amid a surge of new investors.
Digital brokerage Webull said it has struck a deal to go public through a merger with a special-purpose acquisition company. Webull said it would merge with SK Growth Opportunities, which trades on the Nasdaq under the ticker SKGR. After the deal’s closing, the combined company would be listed on the Nasdaq as Webull.
Webull Corporation ("Webull" or the "Company"), a leading digital investment platform, and SK Growth Opportunities Corporation (NASDAQ: SKGR) ("SK Growth"), a publicly traded special purpose acquisition company, today announced that they have entered into a definitive business combination agreement (the "Business Combination Agreement"). Upon completion of the transaction contemplated by the Business Combination Agreement (the "Proposed Transaction"), the combined company (the "Combined Company"