NEW YORK CITY, NY / ACCESS Newswire / July 29, 2026 / Southern Cross Acquisition I Corp. (the &#34;Company&#34;) (NASDAQ:NCO), a blank check company, today announced that, commencing on July 31, 2026, holders of

<p><strong id="dateline">NEW YORK CITY, NY / <a href='https://www.accessnewswire.com/'>ACCESS Newswire</a> / July 29, 2026 / </strong>Southern Cross Acquisition I Corp. (the "Company") (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/NCO">NCO</a>), a blank check company, today announced that, commencing on July 31, 2026, holders of 11,500,000 units (the "Units") sold in the Company's initial public offering (the "Offering"), may elect to separately trade the ordinary shares, warrants, and rights included in the Units. Any Units not separated will continue to trade on the NASDAQ Global Market ("NASDAQ") under the symbol "NCOOU." Any underlying ordinary shares, warrants, and rights that are separated will trade on the NASDAQ under the symbols "NCO," "NCOOW," and "NCOOR," respectively. Holders of Units will need to have their brokers contact the Company's transfer agent, Continental Stock Transfer & Trust Company, in order to separate the holders' Units into ordinary shares, warrants, and rights.</p><p>The Units were initially offered by the Company in an underwritten offering. D. Boral Capital LLC acted as the sole book-running manager for the offering. A registration statement on Form S-1 (File No. 333-296723) relating to these securities was declared effective by the Securities and Exchange Commission (the "SEC") on July 20, 2026. The Offering was made only by means of a prospectus, copies of which may be obtained from D. Boral Capital LLC, 590 Madison Avenue, 39th Floor, New York, NY 10022, by telephone at +1 (212) 970-5150, by email at <a rel="nofollow" href="mailto:dbccapitalmarkets@dboralcapital.com">dbccapitalmarkets@dboralcapital.com</a>, or from the SEC website at <a rel="nofollow" href="https://pr.report/odis">www.sec.gov</a>.</p><p><i>This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.</i></p><p><strong>About Southern Cross Acquisition I Corp.</strong></p><p>The Company is a blank check company formed to effect a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or similar business combination with one or more businesses or entities. The Company's target search will not be limited to a particular industry or geographic region.</p><p><strong>Forward-Looking Statements</strong></p><p>This press release contains statements that constitute "forward-looking statements," including with respect to the expected commencement of separate trading of the Company's ordinary shares, warrants and rights. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company's registration statement, preliminary prospectus and final prospectus for the Company's offering filed with the SEC. Copies are available on the SEC's website, <a rel="nofollow" href="https://pr.report/odiz">www.sec.gov</a>. The Company expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company's expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based, except as required by law.</p><p><strong>Contact</strong></p><p>Southern Cross Acquisition I Corp.<br/>Ally Tong Zhang<br/>Chief Executive Officer<br/><a rel="nofollow" href="mailto:allyzhang@southerncross.cc"><u>allyzhang@southerncross.cc</u></a></p><p><strong>SOURCE: </strong>Southern Cross Acquisition I Corp.</p><br/><br/>View the original <a href='https://www.accessnewswire.com/newsroom/en/banking-and-financial-services/southern-cross-acquisition-i-corp.-announces-the-separate-trading-of-1198654'>press release</a> on ACCESS Newswire<br/><br/>
      <img src="https://app.accessnewswire.com/img.ashx?id=1198654" width="0" height="0"/>

NCOOU

Southern Cross Acquisition I Corp. Announces the Separate Trading of its Ordinary Shares, Warrants and Rights, Commencing on July 31, 2026

Southern Cross SPAC Enables Separate Trading of NCO Components, Potential Liquidity Lift

<section class="insight" data-version="1">
  <section data-block="information">
    <h3>Information</h3>
    <p>NEW YORK CITY, NY / ACCESS Newswire / July 29, 2026 / Southern Cross Acquisition I Corp. (the &amp;#34;Company&amp;#34;) (NASDAQ:NCO), a blank check company, today announced that, commencing on July 31, 2026, holders of</p>
  </section>

  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>Southern Cross Acquisition I Corp. (NCO) says that beginning July 31, 2026, holders of 11.5 million units may separate the components into NCO, NCOOW, and NCOOR. Separate trading could boost liquidity and price discovery for the SPAC&#039;s securities, though no core business activity or merger update is tied to this move.</p>
  </section>

  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>Separate trading of NCOOU units starts July 31, 2026.</li><li>Holders may separate units into NCO, NCOOW, and NCOOR.</li><li>Unseparated units trade as NCOOU on NASDAQ.</li><li>D. Boral Capital LLC led the offering.</li></ul>
  </section>

  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>Southern Cross Acquisition I Corp. (NCO)</strong>: SPAC enabling separate trading; catalyst for component valuation.</li><li><strong>D. Boral Capital LLC (N/A)</strong>: Sole book-running manager for the offering; indirect market impact.</li><li><strong>Continental Stock Transfer &amp; Trust Company (N/A)</strong>: Transfer agent required to separate units; operational step.</li></ul>
  </section>

  <section data-block="category">
    <h3>Corporate Developments</h3>
    <p>Category: Corporate Developments. The news centers on a SPAC’s securities-structure action that affects trading mechanics and liquidity, not a business milestone.</p>
  </section>

  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>Value unlock in NCOOW and NCOOR could drive price dispersion.</li><li>Liquidity for all components may improve, narrowing spreads vs NCOOU.</li><li>No merger or business updates; price moves depend on SPAC mechanics.</li><li>11.5 million units imply modest liquidity impact; scale matters.</li></ul>
  </section>

  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>11,500,000 units outstanding.</li><li>July 31, 2026 begins separate trading.</li><li>Separated components: NCO, NCOOW, NCOOR; unseparated: NCOOU.</li><li>D. Boral Capital LLC was sole book-running manager.</li><li>Registration statement Form S-1 effective July 20, 2026.</li></ul>
  </section>

  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>NCOOU could trade with component price dynamics; monitor gaps between NCO, NCOOW, and NCOOR over weeks.</p>
  </section>
</section>


<p><strong id="dateline">NEW YORK CITY, NY / <a href='https://www.accessnewswire.com/'>ACCESS Newswire</a> / July 29, 2026 / </strong>Southern Cross Acquisition I Corp. (the "Company") (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/NCO">NCO</a>), a blank check company, today announced that, commencing on July 31, 2026, holders of 11,500,000 units (the "Units") sold in the Company's initial public offering (the "Offering"), may elect to separately trade the ordinary shares, warrants, and rights included in the Units. Any Units not separated will continue to trade on the NASDAQ Global Market ("NASDAQ") under the symbol "NCOOU." Any underlying ordinary shares, warrants, and rights that are separated will trade on the NASDAQ under the symbols "NCO," "NCOOW," and "NCOOR," respectively. Holders of Units will need to have their brokers contact the Company's transfer agent, Continental Stock Transfer & Trust Company, in order to separate the holders' Units into ordinary shares, warrants, and rights.</p><p>The Units were initially offered by the Company in an underwritten offering. D. Boral Capital LLC acted as the sole book-running manager for the offering. A registration statement on Form S-1 (File No. 333-296723) relating to these securities was declared effective by the Securities and Exchange Commission (the "SEC") on July 20, 2026. The Offering was made only by means of a prospectus, copies of which may be obtained from D. Boral Capital LLC, 590 Madison Avenue, 39th Floor, New York, NY 10022, by telephone at +1 (212) 970-5150, by email at <a rel="nofollow" href="mailto:dbccapitalmarkets@dboralcapital.com">dbccapitalmarkets@dboralcapital.com</a>, or from the SEC website at <a rel="nofollow" href="https://pr.report/odis">www.sec.gov</a>.</p><p><i>This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.</i></p><p><strong>About Southern Cross Acquisition I Corp.</strong></p><p>The Company is a blank check company formed to effect a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or similar business combination with one or more businesses or entities. The Company's target search will not be limited to a particular industry or geographic region.</p><p><strong>Forward-Looking Statements</strong></p><p>This press release contains statements that constitute "forward-looking statements," including with respect to the expected commencement of separate trading of the Company's ordinary shares, warrants and rights. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company's registration statement, preliminary prospectus and final prospectus for the Company's offering filed with the SEC. Copies are available on the SEC's website, <a rel="nofollow" href="https://pr.report/odiz">www.sec.gov</a>. The Company expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company's expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based, except as required by law.</p><p><strong>Contact</strong></p><p>Southern Cross Acquisition I Corp.<br/>Ally Tong Zhang<br/>Chief Executive Officer<br/><a rel="nofollow" href="mailto:allyzhang@southerncross.cc"><u>allyzhang@southerncross.cc</u></a></p><p><strong>SOURCE: </strong>Southern Cross Acquisition I Corp.</p><br/><br/>View the original <a href='https://www.accessnewswire.com/newsroom/en/banking-and-financial-services/southern-cross-acquisition-i-corp.-announces-the-separate-trading-of-1198654'>press release</a> on ACCESS Newswire<br/><br/>
      <img src="https://app.accessnewswire.com/img.ashx?id=1198654" width="0" height="0"/>

Southern Cross Acquisition I Corp. (NCO) says that beginning July 31, 2026, holders of 11.5 million units may separate the components into NCO, NCOOW, and NCOOR. Separate trading could boost liquidity and price discovery for the SPAC's securities, though no core business activity or merger update is tied to this move.

News insight

Southern Cross Acquisition I Corp. Announces the Separate Trading of its Ordinary Shares, Warrants and Rights, Commencing on July 31, 2026

AI summary

Sentiment rationale

Key facts

Corporate Developments