Karpus Management, Inc., doing business as Karpus Investment Management, has disclosed a significant ownership position in SC II Acquisition Corp. common stock. Karpus reports beneficial ownership of 2,985,904 shares, representing 11.99% of the class, with sole voting and dispositive power over all reported shares.
Karpus is a New York–based registered investment adviser and states that the shares are held in accounts it manages in the ordinary course of business. It also certifies that the investment is not intended to change or influence control of SC II Acquisition Corp.
SC II Acquisition Corp. received an amended Schedule 13G/A from Feis Equities LLC and Lawrence M. Feis reporting that they now beneficially own 0 Class A ordinary shares, representing 0% of the class. They report no sole or shared power to vote or dispose of any shares.
The reported percentage is based on 17,250,000 Class A ordinary shares outstanding as of November 28, 2025, as cited from the company’s prior 8-K. The filers also certify that any securities previously held were not acquired and are not held for the purpose of changing or influencing control of the company.
SC II Acquisition Corp. reported that investors who bought its units in the initial public offering will soon be able to trade the components separately. Each unit currently includes one Class A ordinary share and one right to receive one-fifth of a Class A ordinary share upon completion of the company’s first business combination. Starting January 20, 2026, holders may elect to divide these units so that the Class A ordinary shares and the share rights trade on their own.
Units will continue to trade on the Nasdaq Global Market under the symbol SCIIU if they are not separated. Once separated, the Class A ordinary shares are expected to trade under the symbol SCII, and the share rights under SCIIR. Holders who want to separate their units must have their brokers contact Continental Stock Transfer & Trust Company, the company’s transfer agent, to complete the process.
Shaolin Capital Management LLC and David Puritz have filed a Schedule 13G reporting a passive stake in SC II Acquisition Corp. They report beneficial ownership of 999,977 Class A ordinary shares, representing 5.71% of the class as of the event date of 12/31/2025. The filing states that they have sole power to vote and dispose of all reported shares, with no shared voting or dispositive power. They also certify that the securities were not acquired and are not held for the purpose of changing or influencing control of the company.