Tekkorp Digital Acquisition Corp.
TEKKU
NASDAQ Capital Market10.02
USD
-0.01
- -
CIK
0001822027
ISIN
KYG8739H1222
Return %
Stock
S&P500
1Y
0.40
18.21
3Y
0.91
64.38
5Y
0.91
72.43
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.- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 1980 Festival Plaza Drive Las Vegas NV United States of America 89135
- IPO Date
- Sep 25, 2020
- CIK
- 0001822027
- Website
- tekkorpdigital.com
- Similar Companies
- Business
- Tekkorp Digital Acquisition Corp. (TEKKU) is a blank check company, or special purpose acquisition company (SPAC), focused on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses primarily in the digital media, sports, entertainment, leisure, and/or gaming sectors. Incorporated in 2020 and headquartered in Las Vegas, Nevada, the company completed its initial public offering in October 2020, raising $250 million to pursue targets globally in these high-growth ecosystems. It does not currently engage in significant operations beyond seeking and completing such a transaction, with a management team led by CEO Matthew Davey offering extensive experience in digital gaming platforms, mergers and acquisitions, and capital raising within the industry. The company's principal services encompass identifying, evaluating, and executing business combinations with operating companies in digital media and gaming; providing strategic advisory on mergers, divestitures, private capital raising, and market entry; and leveraging expertise in B2B real-money gaming platforms, sports betting systems, and content supply to operators worldwide. Tekkorp targets high-quality opportunities at fair valuations in sectors including digital wagering, omni-channel sportsbooks, and related services, with a geographic focus on regulated markets across North America, Europe, Latin America, and other regions. In October 2022, Tekkorp announced it would no longer pursue an extension of its 24-month deadline to complete an initial business combination, leading to its liquidation and redemption of public shares, as high market valuations, volatility, and a declining IPO environment prevented securing a compelling target after evaluating over 50 opportunities. The SPAC, underwritten by Jefferies and Macquarie with 100% of IPO proceeds held in trust, transitioned to liquidated status without announcing or closing any merger, such as preliminary discussions with entities like Playtech. As of late 2025, TEKKU shares trade over-the-counter at approximately $10.02, reflecting its post-liquidation structure with no active operations or new strategic developments reported.
Tekkorp Digital Acquisition (OTCMKTS:TEKKU) Trading Down 0.1% – Time to Sell?
Tekkorp Digital Acquisition (OTCMKTS:TEKKU) Trading Down 0.1% – Should You Sell?
Tekkorp Digital Acquisition Corp. Announces the Separate Trading of its Class A Ordinary Shares and Redeemable Warrants Commencing December 14, 2020