Tekkorp Digital Acquisition (NASDAQ: TEKK) telah membatalkan rancangan Data Pengeluaran SGP untuk mendapatkan lanjutan kepada garis masa gabungan perniagaannya. Ia menjadi syarikat pemerolehan tujuan khas (SPAC) tertumpu permainan terkini untuk menjadi mangsa pencairan cek kosong dalam industri.
Tekkorp Digital
Ketua Pegawai Eksekutif Tekkorp Digital Matt Davey dalam temu bual 2020. SPAC akan dibubarkan akhir bulan ini. (Imej: YouTube)
Awal minggu ini, SPAC yang berpangkalan di Las Vegas berkata ia menghentikan Togel Sidney perbincangan dengan Playtech, Caliente Interactive dan Caliplay. Itu juga menamatkan apa yang terakhir daripada empat bidaan untuk lesen pertaruhan sukan mudah alih Illinois yang tidak terikat dengan kasino berasaskan darat di negeri itu, bermakna keempat-empat usaha itu gagal dalam beberapa bentuk.
The company will begin the process of winding down effective October 26, 2022, as set forth in its Amended and Restated Memorandum and Articles of Association, and as promptly as reasonably possible, but not more than ten business days thereafter, return capital to the company’s respective shareholders,” according to a Tekkorp statement.
SPACs generally have two years to execute business combinations, including mergers, and if that doesn’t happen, the firms can seek extensions or liquidate and return capital to investors. Tekkorp went public in late September 2020.
So Close for Tekkorp
Tekkorp was reportedly close to landing a deal, but that obviously didn’t come to fruition.
Last December, reports surfaced the SPAC was in talks with Caliente Interactive to bring that company public at a valuation of $2.5 billion. UK-based Playtech, a maker of gaming software, controls nearly half of Caliente through a joint venture. Caliente does most of its business in Mexico.
That transaction didn’t come to life, but Playtech, Caliente, and Tekkorp kept negotiations alive in hopes of arranging another deal and procuring an online sports betting permit in Illinois.
“Management focused on high-quality opportunities at fair valuations. As a result of persistently high valuation expectations combined with an increasingly volatile market and declining IPO market, the company was unable to secure an opportunity that it believes would offer a compelling return on investment for its shareholders,” according to the SPAC.
“In light of these circumstances, the Company has determined that it is not feasible to complete an initial business combination by October 26, 2022, and no longer believes that seeking an extension to such date would allow the Company to secure a compelling opportunity for its shareholders.”
SPAC Failures Piling Up
At the end of the third quarter, 22 SPACs liquidated year-to-date — more than double the tally in the previous five years.
Beberapa daripada pembubaran itu berlaku di kalangan firma cek kosong yang Pengeluaran HK mencari sasaran industri permainan, atau mereka yang mempunyai perjanjian yang berantakan dalam ruang pertaruhan.
Awal minggu ini, pemfailan kawal selia daripada pemilik Las Vegas Golden Knights Bill Foley mengesahkan dia menutup dua SPAC, satu daripadanya sepatutnya bergabung dengan Wynn Interactive.
