Reported Earlier, Southern Cross Acquisition I Corp. Prices $100M Initial Public Offering Of 10M Units At $10.00 Each, Grants Underwriters Option For 1,500,000 More Units

Each unit consists of one ordinary share, one redeemable warrant, and one right to receive one-fourth of one ordinary share upon consummation of an initial business combination. Each whole redeemable warrant entitles the holder thereof to purchase one ordinary share at an exercise price of $11.50 per share.