On October 6, 2026, Southern Cross Acquisition II Corp. announced that holders of its units may elect to separately trade the ordinary shares, warrants, and rights included in the units. The separation is scheduled to commence on or about October 8, 2026.
Under the new arrangement, the underlying securities will trade on the Nasdaq Capital Market under the following symbols:
- SCAT: Ordinary shares
- SCATW: Redeemable warrants, each exercisable for one ordinary share at an exercise price of $11.50
- SCATR: Rights, each entitling the holder to receive one-fourth of one ordinary share
Units that are not separated will continue to trade on Nasdaq under the symbol SCATU. The units sold in the initial public offering totaled 7,652,630.
Holders of units are required to contact the Company’s transfer agent, VStock Transfer, LLC, to facilitate the separation of their securities.
The initial public offering was managed solely by D. Boral Capital LLC. A registration statement on Form S-1 (File No. 333-297331) relating to these securities was declared effective by the SEC on August 25, 2026.
