ScION Tech Growth II is a special purpose acquisition company (SPAC) organized as a Delaware corporation in early 2021. The company’s sole purpose is to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses, with an emphasis on growth-oriented technology companies. Units of ScION Tech Growth II trade on the OTC Markets under the symbol SCOBU.
Since its initial public offering, ScION Tech Growth II has evaluated opportunities across sectors such as enterprise software, digital infrastructure, fintech, and other high‐growth technology verticals. The SPAC structure allows it to leverage public market capital to partner with target businesses, providing them with liquidity, strategic guidance and access to broader investor networks. While ScION Tech Growth II has not yet announced a definitive business combination, its mandate focuses on identifying companies with scalable business models, differentiated technology and experienced management teams.
ScION Tech Growth II is sponsored by ScION Asset Management, a firm dedicated to sourcing and structuring technology‐focused investment opportunities. The sponsor team brings a background in private and public markets, technology investing and transaction execution. The board and management of ScION Tech Growth II include professionals with experience in investment banking, corporate strategy and operational growth, positioning the company to guide a future merger partner through the transition to a publicly traded entity.
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