Sports betting

SportsMap Tech closes $115m IPO

Houston-based blank check firm eyes US sports betting tie-up

SportsMap Tech Acquisition Corp has closed a $115m initial public offering of shares. A total of 11,500,000 shares were purchased by a combination of retail and institutional investors, including the full exercise of the underwriter’s over-allotment option, at a price of $10.00 per unit. Each unit consists of one share of common stock and three-quarters…

Investments | IPO | SPAC | Sports betting | SportsMap Tech Acquisition Corp

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