NetworkNewsBreaks – SportsMap Tech Acquisition Corp. (NASDAQ: SMAPU) Closes $115M IPO
SportsMap (NASDAQ: SMAPU) has closed its initial public offering of 11,500,000 units, including the full exercise of the underwriters’ over-allotment option, at a price to the public of $10.00 per unit. According to the update, the units began trading on the Nasdaq Global Market under the symbol SMAPU on Oct. 19, 2021. Each unit consists of one share of common stock and three-quarters of one redeemable warrant, with each whole warrant entitling the holder to purchase one share of common stock at a price of $11.50 per share. The common stock and warrants are expected to be traded on the Nasdaq…







