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Sports Ventures Acquisition Priced, Nasdaq: AKIC

Blank check company targeting sports, media, and entertainment (liquidated).

Industry: SPAC

First Day Return: +4.0%

We are a newly incorporated blank check company for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or other similar business combination. We have not selected any specific acquisition target. Although we may pursue acquisitions in any sector or industry, we will focus our search for opportunities to create value in the sectors where we have leading edge expertise, specifically in the sports, media and entertainment sectors, including traditional and emerging sports as well as film and television production and infrastructure. Our management team, led by Alan Kestenbaum, our Chief Executive Officer, Robert Tilliss, our President and Chief Financial Officer, and Daniel Strauss, our Chief Operating Officer, has executed over $20 billion in transactions across our target sectors combined with significant public markets expertise in operating listed companies, including a special purpose acquisition company which successfully completed its initial business combination. Throughout their careers, Mr. Kestenbaum, Mr. Tilliss and Mr. Strauss have advised and invested in numerous successful businesses in the sports and entertainment industries.
IPO Data
IPO Date 01/05/2021
Offer Price IPO Intelligence Only
Price Range IPO Intelligence Only
Offer Shares (mm) IPO Intelligence Only
Deal Size ($mm) $200
Lock-Up Date IPO Intelligence Only
Street Research IPO Intelligence Only
Underwriters
IPO Intelligence Only
Company Data
Headquarters Bal Harbour, FL, United States
Founded 2020
Employees at IPO 3

Sports Ventures Acquisition (AKIC) Performance

Created with Highcharts 10.3.2Chart context menuAKIC vs. IPO Index (IPOUSA)Apr '21Jul '21Oct '21Jan '22Apr '22Jul '22Oct '22Jan '23Apr '23Jul '23Oct '23Jan '24Apr '24Jul '24Oct '24Jan '25-50%0%-100%+ 50%View 5 days5dView 1 month1mView 3 months3mView year to dateYTDView 1 year1yView allAllRenaissance IPO IndexOur ETF tracks the IPO Index