- Armed with a $400 million stock raise, SEAH-U says it will have wide access to potential deals in sports and entertainment including sports betting.
- The SPAC is loaded with golden resume founders who have solid track records in finance and sports.
- The SPAC promises deals on a broad field of media, ticketing, payment processing, entertainment, travel, gaming, and loyalty programs.
- The founders say they expect to develop verticals in media, transaction processing, sports betting and entertainment. This seems ambitious given the capital raise was around $400 million, net of fees, ~$375 million.
For further details see:
Sports Entertainment Acquisition SPAC: Omen Of The Slow Decline In Sports As We Know It - A Cure