A blank-check company backed by golf legend Tiger Woods registered with the SEC to raise $150 million. Sports & Health Tech Acquisition plans to offer 15 million units at $10 each, with each unit consisting of one Class A ordinary share and one-half of a warrant.
The new SPAC is focused on target businesses in the Sports and Health Technology sectors.
Woods and former pro tennis player Caroline Wozniacki are board members.
RBC Capital is sole book-running manager of the offering.
The SPAC intends to apply for a Nasdaq listing under LDSPU. Read more.