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ScION Tech Growth II Announces Pricing of $300 Million Initial Public Offering


ScION Tech Growth II Announces Pricing of $300 Million Initial Public Offering
ScION Tech Growth II
LONDON, UNITED KINGDOM, Feb. 09, 2021 (GLOBE NEWSWIRE) ScION Tech Growth II (“ScION” or the “Company”) announced today the pricing of its initial public offering of 30,000,000 units at $10.00 per unit. The units will be listed on the Nasdaq Capital Market (“Nasdaq”) under the symbol “SCOBU” and will begin trading on February 10, 2021. Each unit consists of one of the Company’s Class A ordinary shares and one-third of one warrant, each whole warrant entitling the holder thereof to purchase one of the Company’s Class A ordinary shares at an exercise price of $11.50 per share. Only whole warrants are exercisable. Once the securities constituting the units begin separate trading, we expect that the Class A ordinary shares and warrants are expected to be listed on Nasdaq under the symbols “SCOB” and “SCOBW”, respectively. ....

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