Victory Acquisition filed with the SEC to offer 25 million units at $10 each.
The new SPAC said it will target a business in the media, sports and entertainment industries, as well as the related technology and service sectors that support these industries.
Victory Acquisition is led by CEO and Director James Lites, whose neaerly 40-year career in the media, entertainment and sports industries includes roles as an executive, advisor and board member to the National Hockey League, Major League Baseball and National Football League.
The SPAC plans to list on the Nasdaq under VACIU. Read more.