Dress Like Messi: Star’s Brand to Price IPO This Week
Soccer star Lionel Messi’s clothing brand is seeking to price its initial public offering this week, hoping a new year and the glow of Argentina’s World Cup victory will…
IPO
Sports Ventures SPAC Merger With Oscar Winner DNEG Falls Apart
Plans for the Oscar-winning special effects house DNEG to go public by a merger with Sports Ventures Acquisition Co. have been terminated, according to a filing to the…
Best Of 2022
Consider the First Sports SPACs Already Dead
It was two years ago this week that sports-focused RedBall Acquisition Corp. filed its draft prospectus with the Securities & Exchange Commission. The Gerry Cardinale…
Sammy Hagar, Roger Staubach Sports SPAC Pulls IPO Plans
The depressed SPAC market has claimed another victim. Victory Acquisition, a star-studded blank check that wanted to raise $250 million in an IPO, filed paperwork with…
Sports SPACs Face Expiring Clock as Billionaires Pull IPO Plans
Two years ago, DraftKings went public by special purpose acquisition company and seemingly single-handedly sparked a wave of sports-related SPACs. After DraftKings’ SPAC…
Soccer-Seeking SPAC With MLB Owner Raises $75 Million IPO
Counter Press Acquisition, a SPAC seeking a soccer team or other sports business, priced its initial public offering on the Nasdaq last evening, raising $75 million. The…
Sports Illustrated Publisher to Uplist in Risky but Necessary Move
The Arena Group (TAG) recently disclosed in an SEC filing that it expects to raise $30 million through an uplisting IPO on the New York Stock Exchange. The digital media…
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…
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…
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