secwatch.observer — SEC 8-K summary
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Issuer:     SK Growth Opportunities Corp (—)
CIK:        0001912461
Form:       8-K
Filed at:   2025-04-14T23:59:59+00:00
Accession:  0001213900-25-031274
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.90
Item codes: 1.01, 2.01, 3.01, 3.03, 5.01, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SKGR completes business combination with Webull; new trading symbols BULL, BULLW, BULLZ
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- Business combination closed April 10, 2025; Webull now public on Nasdaq under BULL (Class A), BULLW (warrants), BULLZ (incentive warrants) effective April 11.
- Webull outstanding: 378.5M Class A shares, 83.0M Class B shares, 17.3M warrants, 20.9M incentive warrants.
- Existing Webull shareholders locked up 180 days; initial shareholders locked up one year; early release possible if stock exceeds $12.00 for 20 of 30 days after 150 days.
- Anquan Wang holds 81.43% voting power, controlled company status; board includes Wang, Haichen Wang, Benjamin Worthy James; prior SKGR directors and officers resigned.
- Registration rights agreement grants demand/piggyback rights; Webull to file resale prospectus and F-1 resale shelf within 15 business days.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1912461/000121390025031274/0001213900-25-031274-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1912461/000121390025031274/ea0238129-8k_skgrowth.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-031274

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