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…
IPO
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…
Prime
Sports SPAC Boom Anniversary Finds Deals and PIPE Funds Aligning
It was a year ago that sports SPAC mania sparked, as Gerry Cardinale and Billy Beane brought their RedBall blank check company to market. Since then, another 143 special…
Kevin Durant Investing Hot Streak Continues With Robinhood, Mercury
Kevin Durant tallied a 2,500% return on his Robinhood stock today. Remarkably, it’s his second 10-bagger this month. The NBA star bought into Robinhood during the online…
Topps Paying Off for Michael Eisner in Collectibles SPAC Merger
Trading card company Topps is finally paying off for Michael Eisner. Eisner, best known as the longtime CEO of Walt Disney Co., is bringing Topps public in a merger with…
Authentic Brands, Owner of Muhammad Ali, SI and Shaq NIL, Files for IPO
Authentic Brands Group, an owner of brands and intellectual property including Muhammad Ali, Forever 21 and Sports Illustrated, has filed for an initial public offering…
Former Turner Sports Executive Joins VC in Sports Tech SPAC
Matthew C. Hong, a former Turner Sports executive who was responsible for the day-to-day operations of its extensive sports portfolio, has joined the SPAC of two venture…
Sports SPACs Coming Back: Five Blank Checks File Amended IPO Plans
SPACs are coming back. Five SPACs with sports figure leadership have filed amended prospectuses for IPOs overnight, a sign that blank check companies are getting through…
Exclusive
Sportradar Pulls $10 Billion SPAC Deal in Favor of Traditional IPO
Sportradar and Horizon Acquisition Corp. II, a SPAC led by Los Angeles Dodger co-owner Todd Boehly, are walking away from a potential deal to take the sports data…
Wynn Spins Digital Gaming Into Bill Foley SPAC in $3.2 Billion Deal
Publicly traded Wynn Resorts is spinning off its mobile gaming and sportsbook business through a special purpose acquisition company formed by Vegas Golden Knights owner…
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