RMG ML Sports Holdings

General Information
Business:

(Incorporated in the Cayman Islands)

We are a newly organized blank check company. We intend to focus our search for an acquisition target on the global sports industry. Our search will include, but it will not be limited to, companies involved in entertainment, eSports, gaming, music publishing and real estate development, focused on stadiums and venues.

James Carpenter, our CEO and a director, is the founder and CEO of Riverside Management Group (RMG).

Douglas Horlick, our CFO, is an investment banker at BCW Securities. He is also the founder of Estancia.

Paul Grinburg, our chairman of the board, is the chairman of Axos Financial.

We believe that our affiliation with RMG will provide significant benefits for our shareholders. RMG has been shareholders, board observers and active advisors to Atletico Madrid and Real Zaragoza for several years and also has recently formed a joint venture with Blackrock in the entertainment sector. Most recently, RMG served as the sole advisor to Atletico Madrid (“Atletico”) and Apollo on Apollo’s majority acquisition of Atletico. Other transactions include arranging the acquisition of 24% of Atletico in 2021 by Ares and RMG, sole arranger of Atletico debt by Prudential, MetLife and Barings, and helping assemble the group that acquired Real Zaragoza — which was led by the majority owners of Inter Miami. We have advised numerous other clubs and worked with several leagues on different matters including the EPL, LaLiga, AFA and FIFA.

By leveraging the relationships and expertise of RMG’s sports management franchise, we are confident that we will be able to identify a promising opportunity for our investors.

(Note: RMG ML Sports Holdings filed its S-1 for its SPAC IPO on Feb. 27, 2026, and disclosed the terms: 26.1 million units at $10.00 each to raise $261 million. Each unit consists of one Class A ordinary share and one right entitling the holder to receive one-tenth (1/10) of a share share upon the consummation of an initial business combination.)

Industry: BLANK CHECKS
Employees: 0
Founded: 2005
Contact Information
Address Incline Village, Nevada
Phone Number
Web Address
View Prospectus: RMG ML Sports Holdings
Financial Information
Market Cap
Revenues $0 mil (last 12 months)
Net Income $0 mil (last 12 months)
IPO Profile
Symbol SHOTU
Exchange NASDAQ
Shares (millions): 26.1
Price range $10.00 - $10.00
Est. $ Volume $261.0 mil
Manager / Joint Managers Santander
CO-Managers
Expected To Trade:
Status: TBA
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
Rating Change