Sports Ventures Acquisition priced its $200 million IPO by offering 20 million units at $10 each.
The SPAC’s focus is on sports, media, and entertainment companies.
According to the SPAC’s initial registration, CEO Alan Kestenbaum is a minority owner and limited partner of the Atlanta Falcons.
Units begin trading today on the Nasdaq under AKICU. The offer is expected to close Jan. 8. Read more.
