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Southern Cross Acquisition II Corp.SCAT

Class A SCATUnits SCATUCIK 0002133239

Cash in trust

Not yet disclosed

Trust per share

Redemption value

IPO

Aug 2026

Combination deadline

Not disclosed

Filings on record

18

Latest Sep 2, 2026

Overview

Southern Cross Acquisition II Corp. is a special purpose acquisition company incorporated in Cayman Islands and registered with the SEC under CIK 0002133239. It completed its initial public offering in Aug 2026. Class A shares trade under the ticker SCAT, units under SCATU. The vehicle is sponsored by Southern Cross through Southern Cross Acquisition II Sponsor Corp. The mandate targets generalist. IPO closed, trust funded, no definitive agreement announced.

we intend to focus on for our business combination or the ability of the combined company to list in the United States.
The mandate, as stated in the IPO prospectus
GeneralistNorth AmericaGreater China

Reading the filings

Arithmetic on what Southern Cross Acquisition II Corp. has disclosed, written the way a desk would read it. These are observations, not a rating. Nothing here scores the vehicle or implies a view on it.

  • Sponsor record

    Southern Cross has launched 2 vehicles, none of which has resolved yet, so there is no completion record to read.

  • Underwriting

    D. Boral Capital led the offering. It has been named on 28 SPAC IPOs, book-running 27 of them. The syndicate has no control over whether a sponsor finds a target, but the quality of the book at pricing shapes who ends up holding the units.

Scores

Recomputed 4m ago

Three readings of Southern Cross Acquisition II Corp., each an unweighted mean of the components shown beneath it, and each component a percentile against every live SPAC rather than an absolute we invented. They describe the setup, not the merit. How they are built

FOMO

Moderate

How much attention is this vehicle attracting right now?

49/100

  • Filing activity98

    16 in 30 days

  • News coverage0

    0 stories in 30 days

Attention is not quality. FOMO rises on news volume and on the market paying above trust, both of which have preceded plenty of disappointments.

Potential

Moderate

How likely is this vehicle to complete a combination, and at what scale?

33/100

  • Bank franchise26

    28 SPAC mandates

  • Stage40

    searching

Potential is about execution, not about the target. It says nothing about whether the eventual deal is worth owning, because the target is usually unknown when the score is computed.

These are derived measures, not ratings of investment merit. They carry no view on the target, no price target and no recommendation, and a high score is not a reason to buy anything.

SEC filing history

Free tier: filings older than 24 hours
  • 8-K

    Other events

    Items 8.01, 9.01 · Accession 0001929980-26-000525

    Sep 2, 2026

    1d ago

    Open filing
  • SCHEDULE 13D

    Beneficial ownership report (activist)

    Accession 0001929980-26-000515

    Aug 31, 2026

    3d ago

    Open filing
  • SCHEDULE 13G

    Beneficial ownership report (passive)

    Accession 0001376474-26-000587

    Aug 28, 2026

    6d ago

    Open filing
  • 8-K

    Entry into a material definitive agreement; Other events

    Items 1.01, 3.02, 5.02, 5.03, 8.01, 9.01 · Accession 0001929980-26-000510

    Aug 27, 2026

    7d ago

    Open filing
  • 424B4

    Final IPO prospectus

    Accession 0001929980-26-000507

    Aug 26, 2026

    8d ago

    Open filing
  • EFFECT

    Notice of effectiveness

    Accession 9999999995-26-002755

    Aug 26, 2026

    9d ago

    Open filing
  • 3

    Initial statement of beneficial ownership

    Accession 0001929980-26-000497

    Aug 25, 2026

    9d ago

    Open filing
  • 3

    Initial statement of beneficial ownership

    Accession 0001929980-26-000496

    Aug 25, 2026

    9d ago

    Open filing
  • 3

    Initial statement of beneficial ownership

    Accession 0001929980-26-000495

    Aug 25, 2026

    9d ago

    Open filing
  • 3

    Initial statement of beneficial ownership

    Accession 0001929980-26-000492

    Aug 25, 2026

    9d ago

    Open filing
  • 3

    Initial statement of beneficial ownership

    Accession 0001929980-26-000491

    Aug 25, 2026

    9d ago

    Open filing
  • 3

    Initial statement of beneficial ownership

    Accession 0001929980-26-000489

    Aug 25, 2026

    9d ago

    Open filing
  • S-1/A

    FORM S-1/A

    Accession 0001929980-26-000479

    Aug 19, 2026

    16d ago

    Open filing
  • CERT

    Exchange listing certification

    Accession 0001354457-26-000774

    Aug 11, 2026

    24d ago

    Open filing
  • 8-A12B

    Registration of securities on an exchange

    Accession 0001929980-26-000442

    Aug 11, 2026

    24d ago

    Open filing
  • S-1/A

    FORM S-1/A

    Accession 0001929980-26-000423

    Aug 7, 2026

    28d ago

    Open filing
  • S-1

    Registration statement for the initial public offering

    Accession 0001929980-26-000317

    Jul 9, 2026

    1mo ago

    Open filing
  • DRS

    Draft registration statement (confidential)

    Accession 0001929980-26-000241

    May 29, 2026

    3mo ago

    Open filing

Southern Cross Acquisition II Corp.: questions answered

What is Southern Cross Acquisition II Corp. (SCAT)?

Southern Cross Acquisition II Corp. is a special purpose acquisition company incorporated in Cayman Islands and registered with the SEC under CIK 0002133239. It completed its initial public offering in Aug 2026. Class A shares trade under the ticker SCAT, units under SCATU. The vehicle is sponsored by Southern Cross through Southern Cross Acquisition II Sponsor Corp. The mandate targets generalist. IPO closed, trust funded, no definitive agreement announced.

How much does Southern Cross Acquisition II Corp. hold in trust?

No trust balance has been disclosed in a filing we have indexed for Southern Cross Acquisition II Corp.. For a newly priced IPO this is normal: the figure first appears in the quarterly report after closing.

When must Southern Cross Acquisition II Corp. complete a merger?

No combination deadline appears in the filings we have indexed. The date is stated in the charter and repeated in each quarterly report; where our parser could not establish it with confidence we leave it blank rather than infer one.

What happens if Southern Cross Acquisition II Corp. does not find a target in time?

The charter requires the vehicle to redeem 100% of the public shares and return the trust, pro rata, to public shareholders. That is the mechanism working as designed rather than a default. Founder shares and warrants are worthless in that outcome, which is why the sponsor's incentive is to get a deal done or to buy more time. Across the market, deadline lapsed without a deal; trust returned to public shareholders.

Can I redeem shares in Southern Cross Acquisition II Corp., and at what price?

Public shareholders may elect to redeem in connection with a combination vote and at each extension vote, at the pro-rata trust value on the relevant record date. Redemption is a right attached to the public shares only; warrants and rights carry no claim on the trust. The mechanics and the deadline for electing are set out in the proxy statement for the vote in question.

What tickers does Southern Cross Acquisition II Corp. trade under?

Class A shares trade as SCAT, the units as SCATU. Units trade first and separate into their component securities roughly 52 days after the IPO; only the Class A shares carry the redemption right against the trust.

Is the trust value the same as the share price for Southern Cross Acquisition II Corp.?

No. Trust per share is a disclosed, contractual figure: what a redeeming holder receives. The market price is whatever the shares change hands at, which can sit above the trust when a deal is well received or below it when the market doubts one will close. We do not have a current quote for this vehicle, so no spread is shown.

How much dilution do Southern Cross Acquisition II Corp.'s founder shares and warrants create?

Both are disclosed in the prospectus and both survive into the combined company, which is why a de-SPAC at $10 is not economically the same as an IPO at $10.

Who sponsors Southern Cross Acquisition II Corp., and what is their track record?

Southern Cross Acquisition II Sponsor Corp is the sponsor entity, part of the Southern Cross franchise. That franchise has launched 2 vehicles in total, none of which has resolved yet. Named principals: Ally Tong Zhang.

Which banks underwrote the Southern Cross Acquisition II Corp. IPO?

D. Boral Capital, Webull Financial. D. Boral Capital was credited as book-running manager on the cover. Syndicate membership and role are read from the prospectus cover and the underwriting section.

Is Southern Cross Acquisition II Corp. tradeable, and where?

Our market-data provider returns no quote for SCAT. That is normal for a vehicle that has not begun trading, has been delisted after a wind-up, or is too thinly traded to carry a two-sided market. The absence of a quote is shown as "not quoted" rather than as a zero.

Is Southern Cross Acquisition II Corp. a good investment?

That is not a question this site answers. Southern Cross Acquisition II Corp. is covered here as reference data: what the company filed, when it filed it, and what the numbers in those filings say. The Edge, FOMO and Potential scores on this page are derived measures with a published formula, not ratings of investment merit: they describe the setup, and every component is shown so you can take them apart. We publish no price targets and no recommendations, and nothing here should be read as advice. The figures are a starting point for your own work, and each one carries the accession number of the filing it came from.

Where does this Southern Cross Acquisition II Corp. data come from?

Filings Southern Cross Acquisition II Corp. submitted to the SEC under CIK 0002133239: the registration statement and final prospectus for the structure, quarterly and annual reports for the trust, current reports and proxy statements for deals, votes and extensions. Trust economics are taken from the registrant's own XBRL tags rather than parsed from prose, which is why they are exact. Every filing in the history above is listed with its accession number, which identifies the document uniquely on EDGAR; Pro accounts open it directly from the row.

Compiled by the SPACListing research desk

Last reconciled Sep 4, 2026

Every figure on this page is read from documents the registrants filed with the U.S. Securities and Exchange Commission, principally the IPO prospectus (Form 424B4), quarterly and annual reports, current reports and proxy statements, the registrant's own XBRL tags for trust economics. Nothing is sourced from press coverage, from the companies themselves, or from a third-party aggregator. Where a filing does not disclose something, the field is left blank rather than estimated.

Read the full methodology · What is in the dataset · Report a correction

SPACListing is a reference-data service, not an investment adviser. Nothing here is a recommendation to buy or sell any security.

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The context around this vehicle: who else the sponsor has launched, which banks priced it, and where it sits in the wider market.