Nukkleus (NUKK) said Friday that special purpose acquisition company SC II Acquisition Corp. has closed its initial public offering.
SC II raised gross proceeds of $172.5 million in the IPO via the sale of its units, including the exercise in full by underwriters of an option to buy up to an additional $22.5 million of units to cover overallotments, at an offering price of $10 per unit, Nukkleus said.
Nukkleus said it is the majority owner of SC II's sponsor.
SC II units are listed on Nasdaq under the ticker SCIIU.
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