SportsTek Acquisition Lays Out Terms for $150M IPO

SportsTek Acquisition filed with the SEC to offer 15 million units to be priced at $10 each.

Acquisition targets include sports franchises, media, data analytics, and technology and services businesses serving those end markets.

The management team is led by Chairman and CEO Jeffrey Luhnow, Co-CEO and director Tavo Hellmund and CFO, COO and director Timothy Clark.

Luhnow has extensive operating experience in the baseball industry, most recently serving as president of Baseball Operations and general manager for the Houston Astros.

SportsTek has applied to list on the Nasdaq under SPTKU. Read more.

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