Bullish Securities (BULL.US) successfully merged with a SPAC and listed on the US stock market, with a market value exceeding $6 billion.

On April 11, Eastern Time, Webull Corporation (referred to as Webull Securities) successfully landed on the NASDAQ through the SPAC (Special Purpose Acquisition Company) SK Growth Opportunities Corporation (SKGR), with the stock code: BULL.US. As of the close of the first day (April 11, 2025), Webull Securities closed at $13.25 per share, with a market value of approximately $6.087 billion. The company accelerated its entry into the U.S. capital market by going public through a shell merger. Webull Securities received a notice of filing from the China Securities Regulatory Commission on April 8, 2025. The company was filed on March 29, 2024, and publicly disclosed this filing information on December 13, 2024. Founded in 2016, Webull Securities was established by Mr. Wang Anquan, a veteran of the internet industry born in 1979. In 2006, he joined Alibaba Group Holding Limited Sponsored ADR and held various important positions such as architect, technical director, director of Taobao Loan Business Division, and assistant general manager of Ant Financial. Webull Securities is a digital investment platform dedicated to providing global individual investors with one-stop stock, ETF, options, and digital currency trading services, covering multiple trading markets including the United States, Singapore, and Hong Kong, among others. Webull Securities has expanded to provide services in 14 markets across North America, Asia Pacific, Europe, and Latin America, holding 11 brokerage trading licenses, approvals, and registrations globally. The Webull Securities app has been downloaded over 50 million times, with over 23.3 million registered users worldwide. According to the prospectus, the company's clients are typically working professionals in their thirties with some investment experience. As of the end of 2024, approximately 38% of clients have "good" or "extensive" investment experience. Importantly, the company has a very high customer loyalty, with a retention rate of 98% in the fourth quarter of 2024.