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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.
Publicis Groupe reported 4.5 percent Q1 organic growth in net revenues to $4.1B despite the volatile macro environment.
PondelWilkinson, the Los Angeles-based IR and strategic communications shop, has expanded to the East Coast by adding Anreder & Company veterans following the retirement of principal Steven Anreder.
Teneo represents American Ocean Minerals Corp as its merges with NASDAQ-listed Odyssey Marine Exploration to create a $1B deep-sea critical minerals research and mining platform that is under US-control.
Kekst CNC represents Cleveland-based Everstream as the business-only fiber network receives bankruptcy court approval for the sale of almost all of its operations to Bluebird Fiber for $385M.
FTI Consulting handles media for McCormick as the 137-year-old flavors company combines with Unilever Foods in a deal valued at $45B.
