A slate of high-profile pro athletes including Patrick Mahomes and Naomi Osaka have joined with a tech-focused banker to form a new SPAC.
Schiller, Falk Sports SPAC Pulled In Over $1 Billion in IPO Orders
Goal Acquisition, the sports-focused blank check firm formed by Harvey Schiller and David Falk, had strong investor interest during its initial public offering pricing, with enough demand to sell more than five times as many units as planned, according to two people familiar with the offering.
Billionaire Red Sox Co-Owner Seth Klarman Takes Stake in RedBall SPAC
RedBall’s effort to take the Red Sox public may have fallen through, but it managed to get into business with one of the team’s owners anyway. Hedge fund billionaire Seth Klarman has taken an 8.6% stake in the SPAC, according to a regulatory filing today.
Billionaire Ken Moelis Suggests Sports Betting as Target in New SPAC
Billionaire banker Ken Moelis’ new special purpose acquisition company may target sports betting or media, among a wide swath of potential areas the blank check firm mentions in its prospectus filed with the SEC today.