SK Growth Opportunities Corp
SKGR
Market cap $175M

11.44 USD

+0.00

0.00%

At close Oct 17, 4:00 PM EDT

1 day

0.00%

5 days

0.44%

1 month

1.42%

3 months

2.51%

6 months

3.16%

Year to date

5.63%

1 year

6.42%

5 years

15.32%

About: SK Growth Opportunities Corp is a blank check company. The company was formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.

Financials Blank Checks

0

Funds holding %

of 6,740 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

50% more first-time investments, than exits

New positions opened: 3 | Existing positions closed: 2

3% more funds holding

Funds holding: 30 [Q1] → 31 (+1) [Q2]

2% more capital invested

Capital invested by funds: $106M [Q1] → $108M (+$1.67M) [Q2]

0.92% more ownership

Funds ownership: 95.25% [Q1] → 96.17% (+0.92%) [Q2]

0% more funds holding in top 10

Funds holding in top 10: 1 [Q1] → 1 (+0) [Q2]

0% more repeat investments, than reductions

Existing positions increased: 9 | Existing positions reduced: 9

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Research analyst outlook

We haven’t received any recent analyst ratings for SKGR.

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Financial journalist opinion

Are Webullish On Webull?

The SPAC SK Growth Opportunities announced a business combination agreement with digital brokerage Webull Corporation, which is expected to raise $100 million in proceeds. Upon its listing, Webull is expected to have a pro forma enterprise value of $7.287 billion, assuming no further redemptions by SK Growth Opportunities shareholders, and an implied market cap of $7.852 billion. The parties have until Sep. 30, 2024 to complete the merger, with the option to extend until no later than Mar. 31, 2025, subject to shareholder approval, redemption rights, and mutually agreed consideration to shareholders.

Are Webullish On Webull?

CNBC Television

Webull president Anthony Deiner on the trading platform going public in $7.3 billion SPAC deal

Anthony Denier, Webull Group president and U.S. CEO, joins CNBC"s "Money Movers" to discuss his company's decision to go public via a SPAC.

Webull president Anthony Deiner on the trading platform going public in $7.3 billion SPAC deal

SK Group's SPAC To Merge With Online Trading Platform Webull In $7.3 Billion Deal

A Nasdaq-listed blank-check company formed by Korean billionaire Chey Tae-won's SK conglomerate is acquiring Webull Corp., a Chinese-owned online broker rival to Robinhood Markets, the companies said on Wednesday.

SK Group's SPAC To Merge With Online Trading Platform Webull In $7.3 Billion Deal

Online trading platform Webull is set to go public via a $7.3 billion SPAC deal

The New York-based online brokerage will combine with SK Growth Opportunities Corporation (SKGR) in the second half of the year.

Online trading platform Webull is set to go public via a $7.3 billion SPAC deal

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.

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

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