Southern Cross Acquisition II Closes $76.5M IPO
SPAC
Initial Public Offering / IPO SPAC
IPO / SPAC:
Aug 26, 2026
Industry:
BLANK CHECKS
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Southern Cross Acquisition II Corp. Announces Closing of $76,526,300 Initial Public Offering
NEW YORK CITY, NY, USA - Southern Cross Acquisition II Corp. (NASDAQ: SCATU) announced the closing of its initial public offering of 7,652,630 units at $10.00 per unit, generating gross proceeds of $76,526,300 before deducting underwriting discounts and expenses. The offering includes the partial exercise of the underwriters over-allotment option.
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About
Southern Cross Acquisition II Corp. is a blank check company incorporated in the Cayman Islands as an exempted company with limited liability for the purpose of effecting into a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or similar business combination with one or more businesses or entities. Our efforts to identify a prospective target business will not be limited to a particular industry or geographic region. Because of our significant ties to China, we may pursue opportunities in China (including Hong Kong and Macau).
SPAC
Initial Public Offering / IPO SPAC
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