Monday, December 12, 2022

Equity Corporate Actions Alert #2022 - 431
(Finalized info) Information regarding the redemption of ScION Growth Tech I (SCOA/W/U)

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  • Industry Announcement

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ScION Growth Tech I (SCOA/W/U) has announced it will redeem its public shares and will not consummate an initial business combination. As of the close of business on December 21, 2022, the public shares will be deemed cancelled and will represent only the right to receive the Redemption Amount. The details are as follows:

Company Name & Issue Type: ScION Growth Tech I Class A Ordinary Shares
CUSIP#: G31067104
Symbol: SCOA
Last Trading Date: December 21, 2022
Marketplace Effective Date for Suspension: December 22, 2022
Redemption rate: $10.14558241 per Class A Ordinary Share
Company Name & Issue Type: ScION Tech Growth I Warrant
CUSIP#: G31067112
Symbol: SCOAW
Last Trading Date: December 21, 2022
Marketplace Effective Date for Suspension: December 22, 2022
Redemption rate: There will be no redemption rights or liquidating distributions with respect to the Company’s warrants, which will expire worthless.
Company Name & Issue Type: ScION Tech Growth I Unit
CUSIP#: G31067120
Symbol: SCOAU
Last Trading Date: December 21, 2022
Marketplace Effective Date for Suspension: December 22, 2022
Redemption rate: $10.14558241 per Class A Ordinary Share


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