Eli Manning, Barstool’s Nardini Pull SPACs in Demanding Market
Close to a year after the craze peaked, SPAC efforts that never got to market are canceling their IPO plans with the Securities and Exchange Commission. Among the…
IPO
Broadcast Veteran Bob Prather Raises $175 Million SPAC for Media, Sports
Longtime local television network executive and sports marketing veteran Bob Prather raised $175 million this morning through a new special purpose acquisition company…
Tiger Woods First SPAC Swings for $150 Million Sports Tech Deal
Tiger Woods is making a play for a sports technology business, filing to raise $150 million through a special purpose acquisition company, a blank check venture that…
Andretti SPAC Raises $200 Million at IPO, Rules Out Sports Team Buy
A special purpose acquisition company started by Michael Andretti closed on a $200 million initial public offering last evening and began trading on the New York Stock…
Dodgers Friedman, Rays Owner Frankel Form SPAC Seeking Sports Biz
Hollywood money man Paul Conway has formed a European soccer-seeking SPAC with Dodgers executive Andrew Friedman, Tampa Bay Rays owner Randy Frankel and Angel City…
Prime
SeatGeek and RedBall Ink IPO Plan as Accel, Kevin Durant Join Deal
Ticketing business SeatGeek has signed a definitive agreement to go public with Gerry Cardinale’s RedBall SPAC in a deal valuing the enterprise at $1.35 billion…
Sporticast: SeatGeek Going Public, NFLPA Boss DeMaurice Smith Stays On
On the latest Sporticast episode, hosts Scott Soshnick and Eben Novy-Williams discuss some of the biggest sports business stories of the week, including SeatGeek’s plan…
Bucks Co-owner Jamie Dinan Forms Iconic Sports SPAC, Seeks $250 Million
Hedge funders and sports team owners Jamie Dinan and Alexander Knaster, along with Italian soccer legend Gianluca Vialli, have filed to raise $250 million in a…
Sportradar’s Koerl First Sports Data Billionaire as Jordan Helps Ring Bell
When Carsten Koerl rang the bell at the Nasdaq this morning with Sportradar investors Michael Jordan and Todd Boehly, the German native found himself presiding over a…
Prime
Sportradar Goes Public at $8 Billion Valuation as Sports Data Takes Off
Sports data and analytics giant Sportradar Group has gone public, pricing its initial public offering at $27 a share, raising more than $670 million and valuing the…
Todd Boehly Buying Sportradar Stake as IPO Seeks $8.3 Billion Valuation
Sportradar aims to raise as much as $612 million in its initial public offering, valuing the company at $8.3 billion, according to an updated prospectus filed with the…
Sportradar Files Initial Documents for Planned IPO
Sportradar has formally begun the IPO process. The Switzerland-based data firm announced Tuesday that it had filed paperwork with the SEC to start the process of going…
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