ScION Tech Growth II Files for $300M IPO

IPO

ScION Tech Growth II registered with the SEC to offer 30 million units at $10 each to raise $300 million in an IPO.

Fintech-focused ScION said it would target businesses that offer specific technology solutions, broader technology software and services in the financial services sector.

The London-based SPAC is led by Executive Chairman and Director Andrea Pignataro, who founded ION Investment Group in 1998 and serves as its CEO. His first SPAC, ScION I, raised $500 million in an IPO last month.

ScION plans to list on the Nasdaq under SCOBU. Read more.

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