Welcome to our dedicated page for SCOBU news (Ticker: SCOBU), a resource for investors and traders seeking the latest updates and insights on SCOBU stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect SCOBU's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of SCOBU's position in the market.
ScION Tech Growth II announced its initial public offering (IPO) of 30 million units, priced at $10 each, to trade on Nasdaq under the symbol SCOBU, starting February 10, 2021. Each unit comprises one Class A ordinary share and one-third of a warrant, exercisable at $11.50. ScION aims to merge with technology-enabled businesses, particularly in financial services, and is sponsored by ION Investment Group. Citigroup Global Markets is the book-running manager and has a 45-day option to purchase up to 4.5 million additional units.