SportsMap Tech Acquisition Corp.
SMAPU
NASDAQ Global Market7.61
USD
-3.79
- -
CIK
0001863990
ISIN
US84921J2078
CUSIP
84921J207
Return %
Stock
S&P500
1Y
-25.68
18.02
3Y
-24.28
64.11
5Y
-24.28
72.15
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
- David F. Gow
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 5353 West Alabama Houston TX United States of America 77056
- IPO Date
- Oct 19, 2021
- CIK
- 0001863990
- Similar Companies
- Business
- SportsMap Tech Acquisition Corp. is a special purpose acquisition company (SPAC) primarily engaged in effecting mergers, share exchanges, asset acquisitions, or similar business combinations with one or more businesses or entities. Founded in 2021 and headquartered in Houston, Texas, the company originally focused on sports technology investments and innovation platforms. Its core intent was to leverage technology-driven solutions in sports analytics, fantasy sports, live event streaming, and advertising technology tailored to sports, targeting markets in North America and Europe. A major recent development for SportsMap Tech Acquisition Corp. is its acquisition and business combination with Beaumont-based Infrared Cameras Holdings Inc. (ICI), finalized in December 2023. This acquisition marked a strategic shift toward the industrial technology sector, specifically in high-tech monitoring and thermal imaging solutions. ICI develops integrated thermal imaging and sensing platform technology enhanced by cloud-enabled software-as-a-service (SaaS) offerings. The technology provides real-time monitoring and analysis of live imaging and sensing data across various industries, including critical asset protection, equipment overheating detection, and methane gas leak monitoring primarily in the oil and gas sector. Following the acquisition, the combined business was renamed MultiSensor AI Holdings, Inc. and trades under the ticker symbols MSAI and MSAIW. The company's product portfolio post-acquisition includes patented single pane-of-glass thermal imaging platforms; high-resolution thermal, visible, acoustic, vibration, and laser spectroscopy sensors; edge and cloud-based digital sensing solutions; and SaaS applications for operational monitoring and asset management. The acquisition has expanded the strategic focus from sports technology to diversified industrial sensing and AI-driven operational insights, aiming at enhanced enterprise customer growth, global online retail expansion, and margin improvements driven by SaaS economics. SportsMap Tech Acquisition Corp. operates primarily across the United States and Canada with plans for global expansion of its industrial sensing solutions. The company remains under the leadership of CEO David Gow and Infrared Cameras' CEO Gary Strahan post-merger. The acquisition has enabled SportsMap Tech Acquisition Corp. to transition from a SPAC vehicle into an operating company offering integrated technology platforms for asset monitoring and protection across multiple industrial verticals. This latest evolution positions SportsMap Tech Acquisition Corp. as a technology company specializing in advanced thermal imaging, sensing, and cloud-based analytics software, combining physical monitoring devices with scalable SaaS services to enhance operational excellence and customer expansion globally. The company's transition reflects significant operational and strategic changes completed within the past two years, marking its entry into the industrial AI and sensing technology market segment.