SK Growth Opportunities Corporation (SKGR) News

Webull Corporation is an electronic trading platform, accessible via mobile app and desktop computer, offering commission-free and low-cost trading of stocks, exchange traded funds, options, margins, fixed income, and futures.

Webull is owned by Hunan Fumi Information Technology,[7] a Chinese holding company that has received backing from Xiaomi, Shunwei Capital, and other private equity investors in China.[8][9] Webull's holding company is incorporated in the Cayman Islands and headquartered in St. Petersburg, Florida


https://en.wikipedia.org/wiki/Webull

SK Growth Opportunities Corporation (SKGR) announced a deal to acquire Webull Corporation, a digital investment platform. The deal reflects an enterprise value of $7bn and is expected to close in 2H 2024.

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Webull Corporation, a Leading Digital Investment Platform, to Publicly List Through Business Combination with SK Growth Opportunities Corporation (NASDAQ: SKGR)

Webull Corporation is the owner of the popular Webull platform, which provides a full suite of financial products including in-depth data and analytic tools to 20 million registered users globally
Comprehensive product offerings with competitive pricing, including zero-commission trading in the United States and low trading commissions in other markets
Proposed transaction represents an implied pro forma enterprise value of approximately $7.3 billion for the combined company

ST. PETERSBURG, Fla., Feb. 28, 2024 /PRNewswire/ -- 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") will retain its name as "Webull Corporation" and its ordinary shares are expected to be listed on NASDAQ under a new ticker symbol.

Webull: Platform of Choice for a New Generation of Investors

Webull is a leading digital investment platform built upon a next-generation, global infrastructure. The Company differentiates from other online investment platforms and legacy investment service providers by offering an intuitive user experience and extensive functionality constructed to help customers build wealth over time.

Webull launched in the United States in 2018 and has since expanded to Asia Pacific, Europe and Latin America. Today, the Webull App has been downloaded more than 40 million times and has 20 million registered users globally.

https://www.otcmarkets.com/stock/SKGR/news/story?e&id=2780112