SC II Acquisition opens at $10.04, IPO priced at $10 per unit

SC II Acquisition (SCII) Corp. priced its initial public offering of 15M units at a price of $10.00 per unit. The company’s units will be listed on the Nasdaq Global Market under the symbol “SCIIU.” Each unit to be issued in the offering consists of one Class A ordinary share of the company and one right to receive one fifth of a Class A ordinary share upon the consummation of the company’s initial business combination. Once the securities comprising the units begin separate trading, the Class A ordinary shares and rights are expected to be listed on Nasdaq under the symbols “SCII” and “SCIIR,” respectively. The blank check company may pursue an initial business combination target in any industry or geographical location. The company’s sponsor is managed by Nukkleus Defense Technologies, Inc., which is a wholly-owned subsidiary of Nukkleus (NUKK) and its management team is led by Menny Shalom, its CEO and a director. D. Boral Capital is acting as the sole book-running manager for the offering.