Southern Cross Acquisition II Corp. Announces the Separate Trading of its Ordinary Shares, Warrants and Rights, Commencing on October 8, 2026
Key Highlights
- ➤7,652,630 Units eligible for separate trading starting October 8, 2026
- ➤SCAT shares, SCATW warrants, and SCATR rights will trade separately
- ➤Unseparated Units will continue trading under NASDAQ symbol SCATU
- ➤Southern Cross Acquisition II seeks a business combination without industry or geographic limits
Expert Statements
Ally Tong Zhang, Chief Executive Officer of Southern Cross Acquisition II Corp.
“The Company expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company’s expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based, except as required by law.”
NEW YORK CITY, NY / ACCESS Newswire / October 6, 2026 / Southern Cross Acquisition II Corp. (the "Company") (Nasdaq:SCAT), a blank check company, today announced that, commencing on October 8, 2026, holders of 7,652,630 units (the "Units") sold in the Company's initial public offering (the "Offering"), may elect to separately trade the ordinary shares, warrants, and rights included in the Units. Any Units not separated will continue to trade on the NASDAQ Capital Market ("NASDAQ") under the symbol "SCATU." Any underlying ordinary shares, warrants, and rights that are separated will trade on the NASDAQ under the symbols "SCAT," "SCATW," and "SCATR," respectively. Holders of Units will need to have their brokers contact the Company's transfer agent, VStock Transfer, LLC, in order to separate the holders' Units into ordinary shares, warrants, and rights.
The Units were initially offered by the Company in an underwritten offering. D. Boral Capital LLC acted as the sole book-running manager for the offering. A registration statement on Form S-1 (File No. 333-297331) relating to these securities was declared effective by the Securities and Exchange Commission (the "SEC") on August 25, 2026. The Offering was made only by means of a prospectus, copies of which may be obtained from D. Boral Capital LLC, 590 Madison Avenue, 39th Floor, New York, NY 10022, by telephone at +1 (212) 970-5150, by email at dbccapitalmarkets@dboralcapital.com, or from the SEC website at www.sec.gov.
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