Sports Ventures Acquisition Corp.
AKICW
NASDAQ Capital Market0.00
USD
- -
- -
CIK
0001826574
ISIN
KYG8372A1031
Return %
Stock
S&P500
1Y
-99.98
18.21
3Y
-99.98
63.29
5Y
-99.98
74.90
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Alan Kestenbaum
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 9705 Collins Avenue 1901 North Bal Harbour FL United States of America 33154
- IPO Date
- Feb 26, 2021
- CIK
- 0001826574
- Website
- sportsventuresacq.com
- Similar Companies
- Business
- Sports Ventures Acquisition Corp. Sports Ventures Acquisition Corp. is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or other similar business combination with one or more businesses, targeting opportunities in the sports, media and entertainment sectors including traditional and emerging sports as well as film and television production and infrastructure; it conducts no significant operations prior to completing such a transaction. The company offers no core products or services beyond its SPAC structure, which holds investment proceeds in trust for deployment in a qualifying business combination. Founded in 2020 and headquartered in Bal Harbour, Florida, it operates principally in the United States with a focus on global sports and entertainment targets. In June 2022, Sports Ventures Acquisition Corp. mutually terminated its business combination agreement with DNEG, a visual effects and animation studio, citing unfavorable SPAC market conditions, and subsequently announced its dissolution and liquidation in December 2022 after failing to complete an initial business combination by the required deadline, redeeming Class A common stock at approximately $10.12 per share with warrants expiring worthless.