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Wednesday, January 25, 2023

Equity Corporate Actions Alert #2023 - 51
(Finalized info) Information regarding the redemption of ScION Tech Growth (SCOB/W/U)

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  • Industry Announcement

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ScION Tech Growth (SCOB/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 February 10, 2023, 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 Tech Growth II Class A Ordinary Shares
CUSIP#: G31070108
Symbol: SCOB
Last Trading Date: February 10, 2023
Marketplace Effective Date for Suspension: February 13, 2023
Redemption rate: $10.19068428 per Class A Ordinary Shares
Company Name & Issue Type: ScION Tech Growth II Warrant
CUSIP#: G31070116
Symbol: SCOBW
Last Trading Date: February 10, 2023
Marketplace Effective Date for Suspension: February 13, 2023
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 II Unit
CUSIP#: G31070124
Symbol: SCOBU
Last Trading Date: February 10, 2023
Marketplace Effective Date for Suspension: February 13, 2023
Redemption rate: $10.19068428 per Class A Ordinary Shares

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