InvestorNewsBreaks – SportsMap Tech Acquisition Corp. (NASDAQ: SMAPU) Closes $115M IPO

SportsMap (NASDAQ: SMAPU) has closed its initial public offering of 11,500,000 units, including the full exercise of the underwriters’ over-allotment option, at a price to the public of $10.00 per unit. According to the update, the units began trading on the Nasdaq Global Market under the symbol SMAPU on Oct. 19, 2021. Each unit consists of one share of common stock and three-quarters of one redeemable warrant, with each whole warrant entitling the holder to purchase one share of common stock at a price of $11.50 per share. The common stock and warrants are expected to be traded on the Nasdaq Global Market under the symbols SMAP and SMAPW, respectively, once the securities comprising the units begin separate trading. Roth Capital Partners acted as joint book-running manager for the offering.

To view the full press release, visit https://ibn.fm/Gti4T

About SportsMap Tech Acquisition Corp.

SportsMap is a blank check company organized for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or other similar business combination with one or more businesses or entities. SportsMap may pursue a business combination opportunity in any business or industry it chooses. For more information, visit www.SportsMapTech.com.

About InvestorWire

InvestorWire is the wire service that gives you more. From regional releases to global announcements presented in multiple languages, we offer the wire-grade dissemination products you’ll need to ensure that your next press release grabs the attention of your target audience and doesn’t let go. While our competitors look to nickel and dime you with hidden fees and restrictive word limits, InvestorWire keeps things transparent. We offer UNLIMITED Words on all domestic releases. While other wire services may provide a basic review of your release, InvestorWire helps you put your best foot forward with complimentary Press Release Enhancement.

With our competitors, the work is done the second your release crosses the wire. Not with InvestorWire. We include follow-up coverage of every release by leveraging the ever-expanding audiences of the 50+ brands that make up the InvestorBrandNetwork.

Get more out of your next press release with InvestorWire. It’s unlike anything you’ve seen before.

For more information, please visit https://www.InvestorWire.com

Please see full terms of use and disclaimers on the InvestorBrandNetwork website applicable to all content provided by IBN, wherever published or re-published: http://ibn.fm/Disclaimer

InvestorWire (IW)
8033 Sunset Blvd Suite 1037-IW
Los Angeles, CA 90046
310.299.1717 Office
www.InvestorWire.com
[email protected]

InvestorWire is part of the InvestorBrandNetwork.