Wednesday, January 25, 2023

Equity Corporate Actions Alert #2023 - 51
Information regarding the redemption of ScION Tech Growth (SCOB/W/U)

Category:

  • Industry Announcement

Markets Impacted:

Contact Information:

Resources:

ScION Tech Growth (SCOB/W/U) has announced it will redeem its public shares and will not consummate an initial business combination. As of the close of business on February 10, 2023, the public shares will be deemed cancelled and will represent only the right to receive the Redemption Amount. The details are as follows:

Company Name & Issue Type: ScION Tech Growth II Class A Ordinary Shares
CUSIP#: G31070108
Symbol: SCOB
Last Trading Date: February 10, 2023
Marketplace Effective Date for Suspension: February 13, 2023
Redemption rate: Approximately $10.20 per Class A Ordinary Shares
Company Name & Issue Type: ScION Tech Growth II Warrant
CUSIP#: G31070116
Symbol: SCOBW
Last Trading Date: February 10, 2023
Marketplace Effective Date for Suspension: February 13, 2023
Redemption rate: There will be no redemption rights or liquidating distributions with respect to the Company’s warrants, which will expire worthless.
Company Name & Issue Type: ScION Tech Growth II Unit
CUSIP#: G31070124
Symbol: SCOBU
Last Trading Date: February 10, 2023
Marketplace Effective Date for Suspension: February 13, 2023
Redemption rate: Approximately $10.20 per Class A Ordinary Shares


Email Alert Subscriptions:
Nasdaq offers customers the ability to self select news delivery across various Nasdaq markets. Create and maintain a profile for updating alert preferences and contact information. Visit the enrollment form on the Nasdaq Trader website and sign up today! Please note that if you choose to unsubscribe from an email list, you may no longer receive potentially critical emails from the NASDAQ Stock Market regarding Nasdaq's trading and data products, regulatory issues or marketplace initiatives. To unsubscribe, also click on the enrollment form

Please follow Nasdaq on Facebook RSS and Twitter.

Nasdaq (Nasdaq: NDAQ) is a leading global provider of trading, clearing, exchange technology, listing, information and public company services. Through its diverse portfolio of solutions, Nasdaq enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today's global capital markets. As the creator of the world's first electronic stock market, its technology powers more than 90 marketplaces in 50 countries, and 1 in 10 of the world's securities transactions. Nasdaq is home to approximately 3,900 total listings with a market value of approximately $13 trillion. To learn more, visit: business.nasdaq.com.