Nasdaq Form 25 Removes SK Growth Opportunities Corp. Securities

Rhea-AI Filing Summary

Nasdaq has filed a Form 25 (File No. 333-265136) on 10-Apr-2025 to strike SK Growth Opportunities Corp. (symbol SKGRU) Class A Ordinary Shares, Warrants and Units from listing and registration under Section 12(b) of the Securities Exchange Act of 1934.

The exchange certifies that it and the issuer have satisfied the procedural requirements of Rules 12d2-2(b) and 12d2-2(c), covering both exchange-initiated and voluntary removals. No financial performance data, business rationale or successor trading venue is disclosed in this notice.

Once effective, the securities will no longer trade on Nasdaq, removing an exchange-based liquidity venue for investors. Shareholders should watch for follow-up filings (e.g., Form 15 or 8-K) that confirm the effective date and outline any alternative quotation arrangements.

Positive

• Regulatory compliance with Rules 12d2-2(b) and 12d2-2(c) is explicitly certified, indicating proper procedural handling.

Negative

• Removal from Nasdaq eliminates an exchange-based trading venue, materially reducing liquidity for SKGRU securities.
• Loss of Section 12(b) registration may lower disclosure requirements, diminishing transparency for investors.

Insights

Financial Analyst

TL;DR: Nasdaq filing signals impending delisting; liquidity and visibility for SKGRU equity will materially decline.

The Form 25 indicates SK Growth Opportunities Corp. will lose its Nasdaq listing for shares, warrants and units. With no accompanying financial data or business explanation, the immediate takeaway is reduced market access and trading liquidity. Delistings often raise governance and valuation concerns, particularly for SPAC structures where shareholder redemptions are common. The document affirms regulatory compliance, but offers no mitigation such as plans for OTC quotation. From a portfolio standpoint, the event is negative because exit options narrow and price discovery weakens.

Corporate Governance Expert

TL;DR: Filing confirms procedural compliance but removes Exchange Act Section 12(b) coverage, eroding investor protections.

By invoking Rules 12d2-2(b)/(c), Nasdaq certifies both exchange and issuer have met formal requirements for delisting. However, losing Section 12(b) registration curtails periodic reporting obligations unless another provision applies, potentially reducing transparency. The absence of stated cause—such as merger closure or rule violation—means investors remain uninformed about strategic intent. Governance risk therefore increases, warranting close monitoring of subsequent SEC submissions.

UNITED STATES

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SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 25

NOTIFICATION OF REMOVAL FROM LISTING AND/OR REGISTRATION
UNDER SECTION 12(b) OF THE SECURITIES EXCHANGE ACT OF 1934.

Commission File Number

333-265136

Issuer:	SK Growth Opportunities Corp
Exchange:	Nasdaq Stock Market LLC

(Exact name of Issuer as specified in its charter, and name of Exchange where security is listed and/or registered)

Address:	228 Park Avenue S #96693
	New York	NEW YORK	10003
Telephone number:					408-642-4909

(Address, including zip code, and telephone number, including area code, of Issuer's principal executive offices)

Class A Ordinary Shares, Warrant, and Unit

(Description of class of securities)

Please place an X in the box to designate the rule provision relied upon to strike the class of securities from listing and registration:

17 CFR 240.12d2-2(a)(1)

17 CFR 240.12d2-2(a)(2)

17 CFR 240.12d2-2(a)(3)

17 CFR 240.12d2-2(a)(4)

Pursuant to 17 CFR 240.12d2-2(b), the Exchange has complied with its rules to strike the class of securities from listing and/or withdraw registration on the Exchange. ¹

Pursuant to 17 CFR 240.12d2-2(c), the Issuer has complied with its rules of the Exchange and the requirements of 17 CFR 240.12d-2(c) governing the voluntary withdrawal of the class of securities from listing and registration on the Exchange.

Pursuant to the requirements fo the Securities Exchange Act of 1934, Nasdaq Stock Market LLC certifies that it has reasonable grounds to believe that it meets all of the requirements for filing the Form 25 and has caused this notification to be signed on its behalf by the undersigned duly authorized person.

2025-04-10	By	Tara Petta		AVP
Date		Name		Title

¹ Form 25 and attached Notice will be considered compliance with the provisions of 17 CFR 240.19d-1 as applicable. See General Instructions.

Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did SK Growth Opportunities Corp. (SKGRU) file with the SEC?

A Form 25 to remove its Class A shares, warrants and units from Nasdaq listing and Section 12(b) registration.

Which securities are affected by the SKGRU Form 25?

The filing covers the Class A Ordinary Shares, Warrants, and Units of SK Growth Opportunities Corp.

When was the Form 25 for SKGRU submitted?

The document was signed on 10 April 2025 by Nasdaq AVP Tara Petta.

Why is SKGRU being delisted from Nasdaq?

The Form 25 does not state a reason; it only certifies compliance with SEC Rules 12d2-2(b) and (c).

Does the filing mention the effective date of delisting?

No. Investors should watch for follow-up filings (e.g., Form 15 or 8-K) for the exact effective date.

Will SKGRU continue to report under Section 12(b)?

Once the delisting is effective, Section 12(b) obligations cease unless another registration basis applies.