ScION Tech Growth II: Nasdaq/NYSE listing notice — ScION Tech Growth II to redeem all Class A shares, liquidate after failing to close business combination by Feb 12, 2023

ScION Tech Growth II

Redemption of all outstanding Class A ordinary shares effective Feb 13, 2023; last trading day Feb 10.
Company will not consummate initial business combination; proceeds to wind up, liquidate, and dissolve.
Redemption amount payable in cash from trust account; warrants have no redemption rights.
Initial shareholders waived redemption on Class B ordinary shares.
Expected Nasdaq delisting (Form 25) and SEC deregistration (Form 15) to follow.

item 3.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.9

ScION Tech Growth II received a nasdaq deficiency notice notice regarding other (rules 5620(a)).

Exchange: nasdaq
Notice: deficiency notice
Rules: 5620(a)

Exact text from the filing

January 11, 2023, ScION Tech Growth II (the “Company”) received a notice from the Nasdaq Stock Market LLC (“Nasdaq”) indicating that the Company was deficient in meeting the requirements of Listing Rule 5620(a), which requires the Company to hold an annual meeting of shareholders no later than one year after the end of the Company’s 2021 fiscal year-end. In accordance with Nasdaq Listing Rule 5810(c)(2)(G), the Company has 45 calendar days (or until February 27 2023) (the “Compliance Period”) to submit a plan to regain compliance and, if Nasdaq accepts the plan, Nasdaq may grant the Company up

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Source: SEC EDGAR

accession 0001213900-23-005678

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