other material
confidence high
sentiment positive
materiality 0.70
Nukkleus subsidiary SC II Acquisition Corp closes IPO raising $172.5M
T3 Defense Inc.
- SC II raised $172.5M gross from sale of 17.25M units at $10 each, including full exercise of underwriter option.
- Each unit comprises one Class A ordinary share and one right to receive 1/5 Class A share upon business combination.
- Sponsor (majority-owned by Nukkleus) purchased 255,000 sponsor units at $10 each concurrent with IPO closing.
- SC II units listed on Nasdaq under symbol 'SCIIU'; Nukkleus CEO Menachem Shalom serves as CEO of SC II.
- D. Boral Capital LLC acted as sole book-running manager for the IPO.