SportsTek Acquisition Corp.

SportsTek Acquisition Corp.

SPTK
SportsTek Acquisition Corp.US flagNASDAQ Capital Market
10.15
USD
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Capital Structure

FRC

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

APIChat
Sector
Financial Services
Industry
Shell Companies
Address
2200 S. Utica Place Tulsa OK United States of America 74114
IPO Date
May 10, 2006
Business
SportsTek Acquisition Corp. (SPTK) is a blank check company whose sole purpose is to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses, with a focus on sports franchises, media, data analytics, technology and services businesses serving those end markets. The company conducts no substantive operations and generates no revenue. Incorporated in 2020 and headquartered in Tulsa, Oklahoma, it targets opportunities primarily in the sports and related sectors without current products or services beyond its SPAC structure. In December 2022, SportsTek mutually terminated a non-binding letter of intent with Metavisio (d/b/a Thomson Computing), a French laptop manufacturer, abandoned a stockholder-approved extension and initiated dissolution and liquidation proceedings, redeeming all outstanding public shares around December 27, 2022, with warrants expiring worthless; the company has since delisted from Nasdaq and ceased active operations.