NEW YORK, NY and LONDON, UK April 20, 2021 – Genius Sports Group ("GSG") the official data, technology and commercial partner that powers the global ecosystem connecting sports, betting and media, announced today that it has completed its previously announced business combination (the "Business Combination") with dMY Technology Group, Inc. II ("dMY II").
dMY Technology Group, Inc. II (NYSE: DMYD) (“dMY II” or “Company”) announced today that that it has scheduled a special meeting of its stockholders (the “Special Meeting”) to approve the proposed business combination (the “Business Combination”) with Genius Sports Group (“GSG”).
There were rumors last year that IonQ was considering an IPO. But rather than raising capital with a conventional IPO, IonQ chose to go public by using a merger with dMY Technology Group III, a SPAC (special-purpose acquisition company). The deal will create a combined entity estimated to be worth about $2 billion.
(BENZINGA) CEO Niccolo de Masi joined Benzinga's "SPACs Attack" show Tuesday to talk about the SPAC merger deal with IonQ, quantum computing and more.
Niccolo DeMasi, the man behind the hit mobile game Kim Kardashian: Hollywood, has launched a “blank check” initial public offering (IPO) company that is hunting for the next big mobile app. De Masi recently launched a special purpose acquisition corporation (SPAC) on the New York Stock Exchange. In that transaction, investors put him in charge of a company with $200 million, and De Masi gets to decide what to acquire with all of that cash.
While many tech companies are still apprehensive about going public and all the scrutiny that comes with that, ex-Glu Mobile CEO Niccolo de Masi just listed a special purpose acquisition corporation (SPAC) on the New York Stock Exchange, raising $200 million.
What’s next: De Masi, along with co-sponsor and former EMC executive Harry You, wants to create the next great mobile app-focused public company via this vehicle, he tells Axios. Think of it as Match Group, but for a different app category.
Rush Street Interactive LP agreed to go public via a merger with a blank-check company that will value the online sports-and-casino betting company at about $1.8 billion including debt.
Chicago-based Rush Street Interactive and special-purpose acquisition company dMY Technology Group Inc. announced their merger Monday, making them the latest to join the frenzy of special-purpose acquisition company, or SPAC, deal activity.
Sometimes it takes a few hands to learn a new card game. Online gambling has that status with US public market investors. Four different companies have listed their shares recently, or are about to do so. The timing is auspicious: states have loosened regulations on digital gambling just when bored Americans are stuck at home staring at screens.
