SK Growth Opportunities Corp. (SKGRU) Prices $200M IPO

SK Growth Opportunities Corp. priced its $200 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “SKGRU” Friday, June 24, 2022.

The new SPAC will focus its efforts on identifying a company involved in developing and deploying technologies and products that address and solve ESG-related issues or are operated in a fashion consistent with ESG principles. SK Growth Opportunities is led by CEO Richard Chin,  and CFO Derek Jensen.

Total SPAC deal count for 2022 year-to-date is now 70. This offering is expected to close on Tuesday, June 28.

Deutsche Bank Securities Inc. is acting as the sole book-runner for the offering. Kirkland & Ellis LLP is serving as Issuer’s Counsel with Meagher & Flom LLP serving as Underwriter’s Counsel. WithumSmith+Brown, PC serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.