RMG ML Sports Holdings IPO raises USD 216.5 million after partial overallotment exercise

RMG ML Sports Holdings Units Cons of 1 Sh A + 1 Rt

RMG ML Sports Holdings Units Cons of 1 Sh A + 1 Rt

SHOTU

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  • RMG ML Sports Holdings closed an IPO of 21,650,000 units at USD 10 per unit, including 1,650,000 units from a partial over-allotment exercise.
  • Total gross proceeds reached USD 216.5 million, including USD 16.5 million from the additional units.
  • Each unit includes one Class A ordinary share, one right for 1/8 of a Class A share at a business combination.
  • Units began trading June 10 on Nasdaq Global Market under SHOTU; shares expected under SHOT, rights under SHOTR once separated.


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