SK Group logo in Kerala, India, in October 2023. Image by Jidev jidu photography, available via Shutterstock

Nancy Dugan lives in Altoona, Iowa and has worked as an online editor for the past 12 years.

On November 28, SK Growth Opportunities Corp., a Cayman Islands exempted blank check company formed in December 2021, filed a Schedule 14A Proxy Statement notifying the Securities and Exchange Commission (SEC) of an upcoming “extraordinary general meeting” of shareholders, with the express purpose of extending a looming December 28, 2023, deadline to consummate a business combination. The meeting is slated to take place December 22.

According to SK Growth’s initial May 23, 2022, Form S-1 Registration Statement under the Securities Act of 1933, the anchor investor in its sponsor, Auxo Capital Managers, LLC, is a wholly owned subsidiary of South Korean chaebol SK Group. A chart depicting SK Growth’s organizational structure is listed below: