Tiger Woods’ Spac formally seeks an IPO, aims to raise $150m
Other Spac backers include tennis star Serena Williams, basketball Hall of Famer Shaquille O’Neal, and National Basketball Association standout Kevin Durant
Professional golfer Tiger Woods is a lead investor in Sports & Health Tech Acquisition, a so-called blank-cheque company looking to raise $150m, targeting sports and health technology investments.
The company, Woods’ foray into special-purpose acquisition companies, said it would focus on fan engagement, consumer-facing health and fitness technologies, and health and well-being, targeting companies with an approximate enterprise value of $600m to $1bn. The Covid-19 pandemic, it said, helped drive demand for sports and social...
