Webull Celebrates Milestone with Business Combination Completion and Nasdaq Listing

Webull Celebrates a New Chapter with SK Growth

On April 16, 2025, Webull Corporation, recognized on the Nasdaq under the ticker symbol BULL, proudly announced the successful closure of its business combination transaction with SK Growth Opportunities Corporation, a special purpose acquisition company. This pivotal move comes just after the approval of SK Growth's shareholders on March 30, 2025. With this transaction, SK Growth transitions into a fully owned subsidiary of Webull, leading to the conversion of its shares and warrants into those of Webull.

The transition officially took place with trading commencing on April 11, 2025. Today, following the celebratory ringing of the Nasdaq opening bell, Webull is ready to embark on a new journey as a public entity.

Webull has made a name for itself in the investment landscape, offering a broad spectrum of financial products, including detailed analytical tools and real-time data. Its focus on delivering an intuitive and comprehensive experience distinguishes it from typical online investment platforms and traditional investment services, promising retail investors a more sophisticated trading environment.

Established in the United States in 2018, Webull has rapidly expanded its reach, now serving 14 markets globally across Asia Pacific, Europe, and Latin America. The platform has seen impressive growth, boasting over 50 million downloads and more than 23 million registered users worldwide.

Anthony Denier, Group President and U.S. CEO of Webull, expressed enthusiasm for this monumental achievement, stating, “Becoming a publicly traded company marks a significant milestone in Webull's history. This next step in our company's journey will position us to serve the growing number of experienced, digitally savvy retail investors who demand a more sophisticated retail trading partner.” He further emphasized the firm's commitment to creating an empowering and accessible retail investing experience.

Webull's robust technology facilitates 24/7 access to financial markets, allowing users to implement diverse investment strategies through trading of global stocks, ETFs, options, futures, and fractional shares. This blend of sheer functionality and resource availability attracts the next generation of retail investors, aiming to thrive in today's dynamic trading landscape.

The business combination was facilitated with expert guidance from financial advisors, including Cohen & Company Capital Markets serving as the exclusive advisor for SK Growth, while Kirkland & Ellis LLP acted as legal counsel for Webull.

With this new beginning, Webull aims not only to cater to its existing clientele but also to reach out to new investors seeking modernized trading solutions. The future looks promising as Webull stands poised to lead a new wave in the investment sector, reinforcing its role as a preferred partner for retail investors worldwide.

For more information about Webull and their offerings, please visit Webull's website.