Pioneering Houston entrepreneur kicks off $100M sports-focused IPO


A new SPAC — a special purpose acquisition company — has officially started trading this week, targeting $100 million in investment and looking for an innovative sports tech company to back. SportsMap Tech Acquisition Corp. (NASDAQ: SMAPU) announced its initial public offering of 10,000,000 units at a price to the public of $10 per unit, and trading began on October 19. This new, blank-check company is led by David Gow, CEO and chairman. Gow is…

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