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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.
Jenn Kettnich, who has more than 15 years of financial communications experience, has joined Liftoff Mobile as VP-investor relations following completion of its recent IPO.
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oele Frank works for satellite operator Iridium Communications as it gets acquired by space company Rocket Lab in a deal worth $8B.
