Webull Corporation and SK Growth Opportunities Corporation (NASDAQ: SKGR) have officially closed their announced business combination.
Webull Corporation and SK Growth Opportunities Corporation (NASDAQ: SKGR) have officially closed their announced business combination.
Webull Corporation (NASDAQ: BULL), the owner of the global Webull online investment platform, and SK Growth Opportunities Corporation (NASDAQ: SKGR), a special purpose acquisition company, have officially closed their previously announced business combination.
Approved by SK Growth shareholders on March 30, 2025, the transaction marks a significant milestone for both companies. As part of the deal, SK Growth became a wholly owned subsidiary of Webull. All outstanding ordinary shares and warrants of SK Growth were converted into Webull’s securities. Effective today, April 11, SK Growth has been delisted, and Webull began trading on Nasdaq under the new ticker symbols: “BULL” for ordinary shares, “BULLW” for warrants, and “BULLZ” for incentive warrants.
Webull commemorated the event by ringing the Nasdaq opening bell this morning.
Founded in 2018, Webull has quickly grown into a global player in online investing, offering an extensive suite of financial products and robust data analytics. Known for its intuitive user experience, the platform serves over 23 million registered users across 14 countries, with its app downloaded more than 50 million times.
“Becoming a publicly traded company marks a significant milestone in Webull’s history,” said Anthony Denier, Group President and U.S. CEO of Webull. “This next step positions us to better serve digitally savvy investors who seek a long-term, sophisticated trading partner. Our mission remains centered on making investing accessible and empowering for everyone.”
Cohen & Company Capital Markets, a division of J.V.B. Financial Group, LLC, served as SK Growth’s exclusive financial and lead capital markets advisor. Kirkland & Ellis LLP acted as legal counsel to Webull, while Wilson Sonsini Goodrich & Rosati represented SK Growth.
With this merger, Webull aims to strengthen its position in the fintech space and continue expanding its global presence.
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