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5W Public Relations represents Webull as the digital broker with 20M users plans to go public via a $7.3B SPAC merger with SK Growth Opportunities Corp.
The Wall Street Journal noted that Webull, which launched in 2018, surged in popularity in 2021 as amateur investors used commission-free stock trading platforms to gobble up meme stocks such as GameStop.
The partnership with SK growth “fully aligns with our long-term vision to make Webull the platform of choice for the new generation of investors globally,” said Webull founder/CEO Anquan Wang.
The broker plans to earmark the $100M proceeds of the SPAC for new products and overseas expansion.
5W Public Relations has Nicholas Koulermos, Rob Ford, Catherine Toor, Laura Tyther, Alexa Reinfeld and Abigail Rush working the media for Webull’s SPAC deal.
C Street Advisory Group is providing strategic communications services to STG Logistics as the Columbus-based trucking company files for Chapter 11.
Dollar Tree has named Daniel Delrosario senior VP-investor relations & treasurer.
C Street Advisory Group and Publicis' Groupe's Kekst CNC unit work the Chapter 11 filing of Saks Global Holdings as the luxury retailer evaluates its "operational footprint."
Nashville’s Wortman Works is handling Old Glory Bank, which bills itself as the online bank for freedom-loving Americans, as it goes public via a $250M SPAC deal with Digital Asset Acquisition Corp.
FGS Global and Collected Strategies handle $1.5B merger of discount airlines Allegiant and Sun Country Airlines. (Updated)
