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Southern Cross Acquisition II prices $75 million IPO

source: news (news:seeking-alpha)published 2026-08-25 21:43ingested 2026-08-25 22:45

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- Southern Cross Acquisition II (SCAT) said on Tuesday it priced its initial public offering at $75 million, comprising 7.5 million units at $10 each.
- The units, which are expected to begin trading on Nasdaq on Wednesday under SCATU, each include one ordinary share, one warrant, and one right. The offering is expected to close on Aug. 27.
Southern Cross Acquisition II prices $75 million IPO
Aug 25, 2026, 5:43 PM ETSouthern Cross Acquisition II Corp (SCAT) StockBy: Pratyush Thakur, SA News Editor

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