June 8, 2021 S-1 Filing Date: 2020-09-29. The source, who spoke to Sports Handle on condition of anonymity, did not reveal the name of the SPAC or the terms of the deal. Sportradar collects and analyses sports data then distribute the same to the media, bookmakers, sports federations and betting companies. LUMA Partners created the SPAC LUMAscape maps the ecosystem with over 250 SPACs based on three stages: ACTIVE: Funded SPAC entities in search of a target. Sportradar, which is in talks to merge with SPAC Horizon Acquisition Corp II (NYSE:HZON), is the dominant provider of sports data in the U.S. and a main competitor for Genius Sports. Notable News: 1) SPORTRADAR PULLS $10 BILLION SPAC DEAL IN FAVOR OF TRADITIONAL IPO (Sportico) Sportradar and Horizon Acquisition Corp. II (HZON: $9.83), a SPAC led by Los Angeles Dodger co-owner Todd Boehly, are walking away from a potential deal to take the sports data provider public, according to people familiar with the matter.Sportradar will instead try to go … Hi! Acorns Grow Inc. announced plans Thursday to go public via a SPAC merger with Pioneer Merger Corp. (NASDAQ:PACX) that values the popular savings-and-investing app at a … SPACInsider contributor Eric Weidemann this week compiled his three favorite potential SPAC targets in the sports industry. HZON Stock: 13 Things to Know About Horizon Acquisition and a Potential Sportradar SPAC Merger Mar. Last month, Sportradar’s efforts to go public via a merger with Horizon Acquisition Corp. II, a special purpose acquisition company (SPAC) led by the co-owner of Los Angeles Dodgers Tod Boehly suffered a setback, as both parties were looking to introduce private investment in … Mobile games platform Skillz Inc. said Wednesday it is going public via a merger with special purpose acquisition corporation Flying Eagle Acquisition Corp. feac. Thanks for reading “The Nightcap”, a nightly recap of all the day’s highlights in the SPAC world. (Image: Yahoo Finance) Talks between the Swiss company and the SPAC founded by Todd Boehly started in early March and were rumored to value the target at $10 billion to $12 billion, which at the time would have marked one of the biggest transactions between a gaming company and … Sportradar and Horizon Acquisition Corp. II (NYSE: HZON) - a special purpose acquisition company (SPAC) seeking a merger with a betting data provider - are reportedly extending negotiations to bring the deal to the finish line. Betting Data Giant Genius Sports Finalizes SPAC Merger. Sportradar, the Switzerland-based sports data firm that distributes data to media and betting companies, will go public through Horizon Acquisition Corp. The acquisition complements and … Sportradar is inching closer to going public and is reportedly in talks with various special purpose acquisition companies (SPAC) that could value the sports betting data provider at $10 billion or more. Recently, many SPACs have been caught in a sell-off. The Latest SPAC Filings and News ... DEFA14A - Forum Merger III Corp (0001784168) (Filer) New Jun 17 2021. It's not just Genius that could drive Horizon and Sportradar to the finish line. Switzerland-based Sportradar and the special purpose acquisition company (SPAC) led by co-owner of the franchise from Major League Baseball (MLB) Los Angeles Dodgers, Todd Boehly, reportedly entered into negotiations in March for a merger in a deal valued at $10 billion as a path for the sports data and integrity company to go public. It’s six times what dMY Technology Group II is buying into Genius Sports at, and should the deal close, the Horizon-Sportradar merger would be the largest SPAC valuation ever awarded to … New Beginnings Acquisition Corp. is listed on the stock exchange with the ticker / Symbol NBA, NBA SPAC all time high was $11,00 and the lowest price in the last 52 week was: , the current NBA stock price is $10,01. HZON Stock: 13 Things to Know About Horizon Acquisition and a Potential Sportradar SPAC Merger Mar. Sportradar has an exclusive deal with the NFL, which is also an investor in the company. New York, NY – Sportradar, a leading global provider of sports betting and sports entertainment products and services, today announced the appointment of Lynn S. McCreary as Chief Legal Officer. ANNOUNCED: SPAC funds that have identified a target, negotiated a merger, and are awaiting a shareholder vote to approve the combination. It's not just Genius that could drive Horizon and Sportradar to the finish line. SPAC Deals: SIGNA Sports United announced a SPAC deal with Yucaipa Acquisition Corp YAC 0.1% at a deal valuing the company at $3.2 billion. Special purpose acquisition company Horizon Acquisition Corp. II is the SPAC apparently stepping up to be that merger partner for Sportradar. After losing its lucrative NFL sports betting deal to Genius Sports, Sportradar has pulled out of its merger deal with the Horizon Acquisition Corp. II SPAC. All SPAC Listings. Some of its investors include the NFL and NBA owners Ted Leonsis, Michael Jordan and Mark Cuban. Sportradar Is In Talks To Go Public Via Todd Boehly’s SPAC. Sportico followed up five days later, reporting the blank check firm has an agreement in place to do just that at a $10 billion valuation. … Horizon Acquisition founder Todd Boehly. SIGNA is a leading e-commerce sports company. The deal values Sportradar at $10 billion, according to Sportico . [05/14/21] Deadline Extension ZNTE extends completion window to November 19, 2021. Some of its investors include the NFL and NBA owners Ted Leonsis, Michael Jordan and Mark Cuban. Horizon Acquisition founder Todd Boehly. The company was reportedly in talks with multiple SPACs then. Sportradar collects and analyses sports data then distribute the same to the media, bookmakers, sports federations and betting companies. Sportradar will go public after coming to terms with Todd Boehly-led SPAC on a reverse merger deal. Among its current investors are the NFL and NBA franchise owners Mark Cuban (Dallas Mavericks), Michael Jordan (Charlotte Hornets), and Ted Leonsis (Washington Wizards). At the close of trading on April 5, they had jumped $40.76% from Thursday’s close. Last Tuesday, Bloomberg reported Horizon Acquisition Corp. II—a SPAC led by Los Angeles Dodgers minority owner and former Guggenheim President Todd Boehly—was “ in talks ” to take Sportradar public. Sportradar rival Genius Sports is set to merge in a SPAC deal with dMY Technology Group Inc II (NASDAQ:DMYD). The SPAC is sponsored by an affiliate of Eldridge Industries, a Greenwich, Connecticut-based investment firm founded by Boehly, an ex-Guggenheim executive who co-owns the Los Angeles Dodgers. Sportradar is going public in a deal with blank check firm Horizon Acquisition Corp. II that values the sports data company at $10 billion, according to someone familiar with the negotiations. A transaction value couldn’t immediately be learned. Big bet, thinking it could pop around 17$ or higher off hype if it turns out to be true. The $10 billion business combination between the Swiss-based sports data provider and the special purpose acquisition company (SPAC) led by the co-owner of Los Angeles Dodgers Tod Boehly was initially announced in March, when both parties signed a letter of intent. In basic terms, a reverse takeover/merger or making use of the SPAC strategy, entails a privately held company, such as Sportradar, purchasing a shell company with minimal assets but is publically listed and traded. Genius Sports has non-exclusive deals in place with the NBA and MLB and a relationship with the NCAA. The SPAC has sought to align with a business that includes sports leagues, teams, data and technology, and betting, checking several boxes within Sportradar’s business model. I’m proud to share that our SPAC (special purpose acquisition company), #SlamCorp, began trading publicly today on NASDAQ under the ticker symbol #SLAMU. Sportradar abandons SPAC public listing plans – Insider Sport; SPAC Khosla Ventures gains on deal to take Valo Health public (update) – Seeking Alpha; Ticking clock and share price falls pressure Spac creators to find quality mergers – Private Equity News; Southeast Asia's Grab sees $40 bln SPAC merger delayed to Q4 – Reuters [05/13/21] Merger Meeting GIX meeting to approve Uphealth is set for June 4, 2021. NBA has an overall market cap of: $149.349.203. ET on InvestorPlace.com No Headlines Available Rumors claim this merger could reach a value of $10 billion to $12 billion. What we know about the Sportradar IPO. INFORMATION. ET on InvestorPlace.com No Headlines Available The typical negotiating time line between a blank-check firm and a merger partner can last up to eight weeks on the high end – one that’s been topped by Horizon and Sportradar. The deal has an … He’s poised to cash in as Sportradar nears an IPO or SPAC merger. Are you considering buying a SPAC stock before the SPAC has merged with a target company? Daily SPAC rankings, searchable SPAC list with target company details. Ackman's SPAC Strategy Pushes Deal Structure's Boundaries. Genius Sports is a major rival to Sportradar. His SPAC and Sportradar are walking away from deal talks. Sportradar has an exclusive deal with the NFL, which is also an investor in the company. Sportradar, the world’s leading provider of sports data intelligence and sport entertainment solutions, today announces that it has entered into a definitive agreement to acquire Synergy Sports, pioneers in automated sports technology solutions and the market leader in data and video analytics in the U.S. College and Professional sports space.. Sportradar, the Swiss sports data intelligence company, is also reported to be considering going down the SPAC route. Claim your 1-week free trial to StreetInsider Premium here. Horizon Acquisition Corp SPAC Jumps 20% On Potential Sportradar Merger A sports data company is reportedly in talks to go public via a SPAC deal that could value the company at more than $10 billion. Sportradar's decision to go public through a SPAC route represents a change in strategy from prior years when CEO Carsten Koerl preferred the … With the SPAC merger still pending (and expected to close on April 20), the news made dMY Technology Group’s shares skyrocket. Sportradar is also looking at going public. Los Angeles Dodgers co-owner Todd Boehly’s Horizon Acquisition Corp. (NYSE:HZAC) will acquire online ticket-seller Vivid Seats in a SPAC deal that will value the firm at about $2 billion. ... FIBA, FIFA, EPL, NASCAR, and Major League Rugby. Swiss gambling data company Sportradar AG is in talks to go public through Todd Boehly’s special purpose acquisition company Horizon Acquisition Corp. II, according to people with knowledge of the matter. A transaction value couldn’t immediately be learned. ‘Spotlight on SPACs’ is a new weekly column that tracks the latest news, data, and analysis on special purpose acquisition vehicles, drawing on proprietary intelligence from Mergermarket and Dealreporter, as well as data from Dealogic. To drive a $10bln+ SPAC valuation it is thought Sportradar will need to raise $750 million, but given their investor group pedigree Sportradar might take the … SPACs are companies with no commercial operations that exist purely to raise capital through IPOs. Sports data and analytics company Sportradar has reportedly abandoned its ambitions to go public in collaboration with SPAC Horizon Acquisition Corp. II. 3, 2021 at 11:11 a.m. ... HZON Stock: 13 Things to Know About Horizon Acquisition and a Potential Sportradar SPAC Merger SEC Filings. In this newsletter, you will find a breakdown of the day’s deals, IPO’s, “in talks” reports, and noteworthy new SPAC S-1 filings. Horizon is the special purpose acquisition … His SPAC and Sportradar are walking away from deal talks. At the close of trading on April 5, they had jumped $40.76% from Thursday’s close. Growth: Revenue is expected to grow at a compound annual growth rate of 29% for … Genius was valued at $1.5 billion after its merger with SPAC dMY Technology Group, Inc. II, which has sparked speculation that $'s $10 billion valuation on Sportradar is rich. With the SPAC merger still pending (and expected to close on April 20), the news made dMY Technology Group’s shares skyrocket. (Bloomberg) -- Brazil’s Embraer SA is in talks to merge Eve Urban Air Mobility, its electric vehicle takeoff and landing unit, with Zanite Acquisition Corp., according to people with knowledge of the matter.The special purpose acquisition company is seeking to raise new equity to support a transaction, said the people, who asked not to be identified because the talks are private. (Image: Yahoo Finance) Talks between the Swiss company and the SPAC founded by Todd Boehly started in early March and were rumored to value the target at $10 billion to $12 billion, which at the time would have marked one of the biggest transactions between a gaming company and a blank-check … Merger Termination Sportradar Punts $10B SPAC Deal in Favor of Traditional IPO: Report Sportradar and Horizon Acquisition II, a SPAC led by Los Angeles Dodger co-owner Todd Boehly, are walking away from a potential deal to take the sports data provider public. Sportradar Appoints Lynn S. McCreary as Chief Legal Officer. Sportradar confirmed the rumors of a $10 million special purpose acquisition company (SPAC) deal with Horizon Acquisition Corp. II. Oct 23, 2020 INTEL by Nicholas Alan Clayton. Swiss gambling data company Sportradar AG is in talks to go public … Sportradar and Horizon Acquisition Corp. II (NYSE: HZON) are reportedly extending negotiations to bring the deal across the finish line. As reported by Sportico, the sports data provider will instead pursue a traditional Initial Sportradar’s $10B SPAC Merger Collapsing, IPO Option Remains. Sportsradar, a company that gathers and analyzes sports data, could be going public through a merger with a special purpose acquisition company (SPAC), also known as a blank check company. Sportradar is going public in a deal with blank check firm Horizon Acquisition Corp. II that values the sports data company at $10 billion, according to someone familiar with the negotiations. SPAC Rumors: Shares of Horizon Acquisition Corp II (NYSE:HZON) were in the spotlight last week with a rumor of a SPAC merger with Sportradar, a company that provides data on sporting events. Sportradar and Horizon Acquisition Corp. II (NYSE: HZON) — the particular goal acquisition firm (SPAC) trying merge with the betting knowledge supplier — are reportedly extending negotiations to carry the deal throughout the end line. (Bloomberg) -- Swiss gambling data company Sportradar AG is in talks to go public through Todd Boehly’s special purpose acquisition company Horizon Acquisition Corp. II, according to people with knowledge of the matter. [05/14/21] Merger Meeting ACTC meeting to approve Proterra is set for June 11, 2021. Insider sources are behind the rumors that Horizon Acquisition and Sportradar are considering a SPAC merger. However, the price for the deal is still currently unknown. It’s also unclear if and how much a private investment in public equity (PIPE) could raise for the merger. By Andrew Cohen April 22, 2021. All inclinations suggest that Sportradar would most likely enter a merger with Sagansky-Sloan, a group who brought Flying Eagle Acquisition Corp to the market at a $600 million IPO just four months ago, making it the sixth public acquisition vehicle launched by the pair over the last ten years. "SPAC IPO issuance broke all records in the first quarter of 2021, with 298 SPACs raising nearly $88 billion. Michael Jordan-backed sports gambling firm Sportradar to go public via SPAC. SPAC Rumors: Shares of Horizon Acquisition Corp II (NYSE:HZON) were in the spotlight last week with a rumor of a SPAC merger with Sportradar, a company that provides data on sporting events. After witnessing SPAC mania in 2020 and YTD in 2021, some enthusiasm seems to be correcting. “As you would expect, this was a very competitive process, but the economics became irrational and would have required at least a five-fold increase in the fees charged to our customers for the same content and/or a level of loss-making on our part which simply did not make sense,” Blonk wrote. Genius was valued at $1.5 billion after its merger with SPAC dMY Technology Group, Inc. II, which has sparked speculation that $'s $10 billion valuation on Sportradar is rich. Courtesy of Sportradar. Sportradar and Horizon Acquisition II, the SPAC led by Los Angeles Dodgers co-owner Todd Boehly, have extended their negotiating window to hammer out an acquisition agreement, Sportico reports, citing an anonymous source familiar with the talks. DEFA14A - Forum Merger III Corp (0001784168) (Filer) New Jun 17 2021. Of course, you can always discover and track all of the SPACs at spactrack.net. II., a SPAC led by Los Angeles Dodgers minority owner Todd Boehly. Sportradar is reportedly in talks with multiple different SPACs about the potential for a merger. Sportradar will go public after coming to terms with Todd Boehly-led SPAC on a reverse merger deal. Sportradar and special purpose acquisition company (SPAC) Horizon Acquisition Corp. II (NYSE: HZON) are reportedly ending merger talks with the sports betting data provider opting to … Sportradar has come to terms with a special purpose acquisition company on a reverse merger deal that will enable the company to go public, a source close to the negotiations told Sports Handle Monday evening. ... (SPAC) was rumored to be in a merger deal with Swiss gambling-data company Sportradar. The company is now rumored to be considering an IPO or SPAC deal. It’s six times what dMY Technology Group II is buying into Genius Sports at, and should the deal close, the Horizon-Sportradar merger would be the largest SPAC valuation ever awarded to … Verified account Protected Tweets @; Suggested users Genius Sports counts DraftKings as a customer. What Happened: Sportradar is in talks to go public via a SPAC merger with Horizon Acquisition Corp II (NYSE: HZON), according to Bloomberg. Boehly is a co-founder of Eldridge Industries, a holding company based out of Connecticut. Sportradar letter on NFL deal - Hzon. 5 months ago. In this conversation. We look at why they are compelling and why each could be a fit for a blank-check merger. Last summer, Sportradar was exploring the SPAC option, but in November, Dealreporter reported the company was prioritizing a traditional IPO with J.P. Morgan and Morgan Stanley, with a … In February, reports said Sportradar could hit a valuation of $10 billion or more in its planned SPAC deal. SPAC Rumors: Shares of Horizon Acquisition Corp II (NYSE: HZON) were in the spotlight last week with a rumor of a SPAC merger with Sportradar, a company that … However, that’s not the reason the two sides may anxious to make an official announcement. Basketball great and Charlotte Hornets owner Michael Jordan. It was only a matter of time before this SPAC would find a candidate to take public. Sportradar, SPAC Have Impetus to Get Deal Done. SPAC tracker, track SPAC prices, SPAC news, SPAC sentiments for the most popular SPACs in the market. Horizon Acquisition Corp SPAC Jumps 20% On Potential Sportradar Merger A sports data company is reportedly in talks to go public via a SPAC deal that could value the company at more than $10 billion. HZON SPAC is a good buy if the merger rumors are true. ... and Swiss sports data analyst Sportradar is dropping SPAC merger plans to pursue … DEFA14A - Roth CH Acquisition III Co (0001839412) (Filer) New Jun 17 2021. SPAC News Highlights [05/17/21] DA SCVX entered into a definitive agreement with Bright Machines. Investor Todd Boehly. Eric’s Top 3 SPAC Targets – Sports. His SPAC and Sportradar are walking away from deal talks. March: Struck a deal to go public at a $10 billion valuation via a merger with a SPAC led by Los Angeles Dodgers minority owner Todd Boehly. Publication Date: May 6, 2021, 10: 03 hrs Last updated: May 6, 2021, 10: 03 hrs. March: Agreed to acquire Synergy Sports, the leading U.S. college sports data and video analytics provider. What Happened: Sportradar is in talks to go public via a SPAC merger with Horizon Acquisition Corp II HZON 0.05%, according to Bloomberg. The latest volume was: 7.897. Sports data supplier Sportradar is pulling out of the proposed merger with Horizon Acquisition Corp. II and is looking for a traditional initial public offering (IPO), Sportico reports based on people familiar with the matter. SportRadar is the only SportData company reported to be going public likely via spac All the other Sports or gaming SPACs trust funds are way to small to take a piece of SportRadar. (Image: Yahoo Finance) Talks between the Swiss company and the SPAC founded by Todd Boehly started in early March and were rumored to value the target at $10 billion to $12 billion, which at the time would have marked one of the biggest transactions between a gaming company and a blank-check … The Disruptors: 10 Innovative and Irritating Stock Picks. Horizon Acquisition founder Todd Boehly. Sportradar recently broke off talks to go public via a SPAC merger McCreary joins Sportradar after more than a decade in-house at Fiserv, a financial services and technology company based in the Milwaukee suburb of Brookfield, Wis. Genius Sports is currently working on a reverse merger with a special purpose acquisition company (SPAC) to go public in a $1.5bn deal. JOIN NOW. Genius Sports is a major rival to Sportradar. 3, 2021 at 11:11 a.m. (Updated - July 16, 2020 9:16 AM EDT) Flying Eagle Acquisition (NYSE: FEAC) is rumored to be in talks for deal for Sportradar… March 2nd, 2021.
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