Southern Cross Acquisition II Corp. Announces Expected October 8 Start for Separate Security Trading
Southern Cross Acquisition II Corp. announced that eligible holders may separate its Units into ordinary shares, warrants and rights for individual trading from October 8, 2026, subject to stated conditions.
Southern Cross Acquisition II Corp. (Nasdaq:SCAT) has announced the expected start of separate trading for the securities contained in its Units on October 8, 2026. The company said holders of 7,652,630 Units from its initial public offering may elect to separate the included ordinary shares, warrants and rights.
Units that remain intact are expected to continue trading on the NASDAQ Capital Market under the symbol “SCATU.” After separation, the ordinary shares, warrants and rights are expected to trade on the NASDAQ under “SCAT,” “SCATW” and “SCATR,” respectively.
To arrange the separation, Unit holders must instruct their brokers to contact Southern Cross Acquisition II Corp.’s transfer agent, VStock Transfer, LLC.
The Units were issued through an underwritten offering, with D. Boral Capital LLC serving as the sole book-running manager. The Securities and Exchange Commission declared effective the company’s registration statement on Form S-1, File No. 333-297331, on August 25, 2026.
The company said the offering was made only through a prospectus. It also stated that the announcement is not an offer to sell or a solicitation to buy the securities, and that no sale may take place in a jurisdiction where the transaction would be unlawful before the required registration or qualification under applicable securities laws.
Southern Cross Acquisition II Corp. is a blank check company established to pursue a merger, share exchange, asset acquisition, share purchase, recapitalisation, reorganisation or another similar business combination involving one or more businesses or entities. Its stated search is not restricted to a specific industry or geographic region.
The company identifies the expected commencement of separate trading as a forward-looking statement. It says that such statements are subject to numerous conditions, including matters beyond its control and risks described in the registration statement, preliminary prospectus and final prospectus filed with the SEC. The company also says it has no obligation to publicly update or revise those statements unless required by law.
Southern Cross Acquisition II Corp. announced that holders of Units from its Offering may elect to trade the included ordinary shares, warrants and rights separately from October 8, 2026. Units that are not separated will continue to trade on the NASDAQ Capital Market under the symbol "SCATU."
Southern Cross Acquisition II Corp. announced that separate trading will commence on October 8, 2026. The Company identifies the expected commencement of separate trading as a forward-looking statement subject to numerous conditions, including matters set out in its registration statement and prospectuses.
Holders of 7,652,630 Units sold in Southern Cross Acquisition II Corp.'s initial public Offering may elect to separate the ordinary shares, warrants and rights included in those Units.
Units that remain intact will trade on the NASDAQ Capital Market under "SCATU." Once separated, the underlying ordinary shares, warrants and rights will trade on the NASDAQ under "SCAT," "SCATW," and "SCATR," respectively; the Company is identified as Nasdaq:SCAT.
Southern Cross Acquisition II Corp. says its Units will continue to trade on the NASDAQ Capital Market, while separated ordinary shares, warrants and rights will trade on the NASDAQ.
Holders of Units will need to have their brokers contact the Company's transfer agent, VStock Transfer, LLC, to separate the Units into ordinary shares, warrants and rights.
Southern Cross Acquisition II Corp. says the Units were initially offered in an underwritten offering. D. Boral Capital LLC acted as the sole book-running manager for the Offering.
The SEC declared effective the registration statement on Form S-1, File No. 333-297331, on August 25, 2026.
Southern Cross Acquisition II Corp. is a blank check company formed to effect a merger, share exchange, asset acquisition, share purchase, recapitalisation, reorganisation or similar business combination with one or more businesses or entities.
Southern Cross Acquisition II Corp. says its target search will not be limited to a particular industry or geographic region.
Southern Cross Acquisition II Corp. says forward-looking statements concerning the expected separate trading are subject to numerous conditions, many of which are beyond the Company's control, including those set out in the Risk Factors section of its registration statement, preliminary prospectus and final prospectus. The Company also says it disclaims any obligation to publicly update or revise those statements, except as required by law.