Material Event (Form 8-K)

Item 8.01 Other Events.

As previously disclosed, on March 31, 2026, SC II Acquisition Corp., a Cayman Islands exempted company (the "Company") entered into a non-binding letter of intent (the "LOI") with a payments technology company (the "Target"), which outlines the general terms and conditions of a potential business combination (the "Proposed Transaction") pursuant to which the Company would acquire 100% of the outstanding equity and equity equivalents of the Target. On July 12, 2026, the Company informed the Target that it is terminating the LOI, effective immediately, as the Company does not intend to pursue the Proposed Transaction. As a result of such termination, the Company no longer has any obligations pursuant to the LOI, other than certain confidentiality obligations.