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 Riverside Management Group (RMG) will provide significant benefits for our shareholders. RMG has been a shareholder as well as a board observer and an active advisor to Atletico Madrid and Real Zaragoza for several years. RMG 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 percent 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 priced its SPAC IPO in sync with the terms in the prospectus – 20 million units at $10.00 each – to raise $200 million on Tuesday night, June 9, 2026. Each unit consists of one share of stock and one right to receive one-eighth (1/8th) of a share upon the consummation of its initial business combination.) (Background: RMG ML Sports Holdings trimmed the size of its SPAC IPO to 20 million units – down from 26.1 million units originally – and kept the price at $10.00 per unit – to raise $200 million, according to its S-1/A filing dated June 5, 2026. RMG ML Sports Holdings also changed the right’s composition – to the right to receive one-eighth (1/8th) of a share – a slightly larger slice of the pie than the original portion of one-tenth (1/10th) of a share – upon the consummation of its initial business combination. Background: 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 (1/10th ) 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): | 20.0 |
| Price range | $10.00 - $10.00 |
| Est. $ Volume | $200.0 mil |
| Manager / Joint Managers | Santander |
| CO-Managers | |
| Expected To Trade: | 6/10/2026 |
| Status: | Priced |
| Quiet Period Expiration Date: | Available only to Subscribers |
| Lock-Up Period Expiration Date: | Available only to Subscribers |
| SCOOP Rating | Available only to Subscribers |
| Rating Change | Available only to Subscribers |