Iconic Sports Acquisition Corp. (ICNC-WT) operates as a blank check company, or special purpose acquisition company (SPAC), whose primary business is to effect a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, with a focus on the global sports industry including franchises, sports data, media and technology companies. Incorporated in 2021 and headquartered at 190 Elgin Avenue, George Town, Grand Cayman, Cayman Islands, the company currently has no significant operating activities or products and maintains its trust assets for potential deployment in a business combination. In September 2023, its board approved the redemption of all outstanding Class A ordinary shares and liquidation after failing to complete an initial business combination by the extended deadline, with the process concluding around October 11, 2023, following the expiration of a non-binding agreement to merge with Eagle Football Holdings Limited; however, warrants (ICNC-WT) continue to trade, reflecting exercisable rights for Class A shares at $11.50 upon a future qualifying combination.