Webull, a New York-based digital investing platform, is set to go public through a merger with special purpose acquisition company (SPAC), SK Growth Opportunities Corporation, in a deal valued at $7.3 billion. The merger is expected to occur in the second half of the year, pending regulatory and shareholder approvals, and the combined entity will be listed on NASDAQ. Compared to its competitor, Robinhood, Webull’s customers are more active and sophisticated, inclined to utilize advanced analytical tools for trading decisions.
Online Trading Platform Webull is Set to Go Public Via a $7.3 Billion SPAC Deal
