The SPAC IPO Buzz: Southern Cross Acquisition II (SCATU) Raises $75 Million
Southern Cross Acquisition II (SCATU), a New York-based SPAC with ties to China, raised $75 million with the pricing of its SPAC IPO - 7.5 million units at $10.00 each – on Tuesday night, Aug. 25, 2026. Tomorrow – on Wednesday, Aug. 26, 2026 - Southern Cross Acquisition II (SCATU)is expected to start trading on the NASDAQ. Each unit consists of one share, one warrant, and one righ..
Read more August 25, 2026IPO Calendar
| Company | Symbol proposed | Shares (Millions) | Est. $ Volume | Expected to Trade | SCOOP Rating | Rating Change |
|---|---|---|---|---|---|---|
| Southern Cross Acquisition II Corp. | SCATU | 7.5 | $ 75.0 mil | 8/26/2026 Priced | S/O | S/O |
| BW Industrial Holdings | BWGC | 2.6 | $ 17.1 mil | 8/27/2026 Week of | S/O | S/O |
| MetaOptics (Uplisting) | MOT | 3.0 | $ 18.0 mil | 8/27/2026 Week of | S/O | S/O |
Last 100 IPOs - August 25, 2026
| Number of IPOs priced : | 100 |
| Number Up: | 50 |
| Number Down: | 49 |
| Number Unchanged: | 1 |
| Percentage Change From Issue Price: | 8.98% |
| Percentage Change for The Nasdaq Composite | 35.22% |
2026 IPO Scorecard - August 25, 2026
| Number of IPOs priced (Excluding 142 units) : | 118 |
| Number Up: | 57 |
| Number Down: | 60 |
| Number Unchanged: | 1 |
| Total Return From Issue Price: | 8.58% |
| The Nasdaq Composite Index YTD % Change | 35.22% |