HZON - SPAC dMY Technology Group II soaring on NFL deal with Genius Sports

April, 01 2021 05:07 PM Horizon Acquisition Corporation II Class A

SPAC dMY Technology Group II (DMYD), which is taking Genius Sports public, jumped 24% in after hours trading after the National Football League signed a multi-year agreement with Genius Sport to be its new data rights partner.Terms weren't given, though CNBC reported that it's a 4 year cash and equity deal with options. The agreement may be valued at over $1B over the life of the contract if additional years are tacked on.Horizon Acquisition Corp. II (HZON), which is reportedly in a deal to take Sportradar public, fell 4.6% as Genius Sports is replacing Sportradar with the new contract. The NFL has had an agreement with Sportradar to provide data since 2015.Recall March 5, DMY Technology Group rolls out new SPAC after previous ones gain some 60%.

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SPAC dMY Technology Group II soaring on NFL deal with Genius Sports

Company Name:	Horizon Acquisition Corporation II Class A
Stock Symbol:	HZON
Market:	NYSE

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