Discount broker Webull and SPAC company SK Growth have closed their previously announced business combination, approved by SK Growth shareholders on March 30, 2025.
Upon closing, SK Growth became a wholly owned subsidiary of Webull, and the ordinary shares and warrants of SK Growth converted to ordinary shares and warrants of Webull.
Effective with the start of trading on April 11, 2025, SK Growth was delisted and Webull ordinary shares, warrants, and incentive warrants began trading on Nasdaq under the ticker symbols “BULL,” “BULLW,” and “BULLZ,” respectively.
Webull App Downloaded Over 50 Million Times
Webull offers a full suite of financial products, including in-depth data and analytic tools, and is mostly focused on empowering retail investors across the globe with an intuitive user experience and extensive functionality.
Launched in the United States in 2018, Webull has since expanded to 13 additional markets across Asia Pacific, Europe, and Latin America. The broker’s mobile app has been downloaded more than 50 million times and has over 23 million registered users globally.
Anthony Denier, Group President and US CEO of Webull, said: “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 that can grow with and serve them over decades. Webull’s advanced trading and investment offerings make us the partner of choice for the next generation of retail investors looking to capitalize on the dynamic world of trading and investment. I am grateful for our team’s dedication to our customers’ financial success and our mission to create a more accessible and empowering retail investing experience.”
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