SC II Acquisition said it would terminate its deal with a payments technology company, effective immediately.
The non-binding letter of intent outlined conditions in which SC II would acquire all outstanding equity and equity equivalents of the unspecified target company.
SC II did not cite a reason for exiting the deal.
Write to Grace Yoon at grace.yoon@wsj.com
(END) Dow Jones Newswires
July 13, 2026 18:08 ET (22:08 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
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