Slam Corp. Unit - SLAMU STOCK NEWS

Welcome to our dedicated page for Slam Unit news (Ticker: SLAMU), a resource for investors and traders seeking the latest updates and insights on Slam Unit stock.

Slam Corp (SLAMU) is a special purpose acquisition company (SPAC) founded by renowned investor and World Series champion, Alex Rodriguez, along with Himanshu Gulati, the creator of the industry-leading asset manager, Antara Capital. The company's primary goal is to acquire a dominant market leader in the sports, media, entertainment, or health and wellness industries, possessing innovative technology that promises future profitability. With a management team boasting decades of successful investment experience, unparalleled operational and entrepreneurial skills, and extensive global connections, Slam Corp stands out. The company operates as a joint venture between A-Rod Corp and Antara Capital, offering a unique investment opportunity in the SPAC space.

09/09/2024 07:00 AM

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Lynk Announces Executive Realignment and Expansion of Leadership Team to Accelerate the Company’s Next Phase of Growth

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Lynk Global, a leading satellite direct-to-device provider, has announced significant leadership changes to accelerate growth. Dan Dooley, formerly Chief Commercial Officer, has been appointed as CEO, responsible for strategy, operations, and commercial activities. Dr. John M. Olson joins as President of Strategic Development, bringing extensive experience from the Air Force, NASA, and private sector. Charles Miller, co-founder and former CEO, transitions to Chairman of the Board.

These changes aim to scale satellite production and expand global commercial efforts. Lynk has partnerships with over 40 Mobile Network Operators worldwide and has begun direct-to-device services in seven countries. The company plans to become publicly listed through a business combination with Slam Corp. (NASDAQ: SLAM), potentially trading under the ticker 'LYNK'.

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02/05/2024 08:00 AM

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Slam Corp. and Lynk Global, Inc. Announce Definitive Business Combination Agreement

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Lynk Global, Inc. and Slam Corp. have entered into a definitive business combination agreement, under which Slam will combine with Lynk. The combined company will operate as Lynk Global Holdings, Inc. and its common stock is expected to be publicly listed on Nasdaq under the ticker symbol 'LYNK'. Lynk's sat2phone technology is compatible with any unmodified cellular device from 2G to 5G and has been proven on all seven continents. The company has signed 36 full commercial contracts with partners to provide coverage in approximately 50 countries. The transaction values Lynk at a pre-money enterprise value of $800 million.

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12/18/2023 08:00 AM

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Lynk Signs Letter of Intent to Become Publicly-Listed, Leading Satellite-to-Phone Company Through a Business Combination with Slam Corp.

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Lynk Global, Inc. (LYNK) and Slam Corp. (SLAM) have signed a non-binding letter of intent for a potential business combination. The combined company is expected to list on Nasdaq under the ticker symbol 'LYNK' in the second half of 2024. Lynk, founded in 2017, is the world's leading satellite-direct-to-standard-phone telecoms provider, providing two-way sat2phone connectivity on all seven continents. The company's patented technology has attracted $800 million valuation upon listing, with a clear growth trajectory and potential global impact.

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04/14/2021 04:15 PM

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Slam Corp. Announces the Separate Trading of its Class A Ordinary Shares and Warrants Commencing April 15, 2021

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FAQ

What is the current stock price of Slam Unit (SLAMU)?

The current stock price of Slam Unit (SLAMU) is $11.2 as of February 7, 2025.

Who is behind Slam Corp?

Slam Corp is spearheaded by renowned investor and World Series champion, Alex Rodriguez, in collaboration with Himanshu Gulati, the founder of Antara Capital.

What is Slam Corp's primary objective?

Slam Corp aims to acquire a leading entity in the sports, media, entertainment, or health and wellness sectors, equipped with advanced technology for future growth.

What sets Slam Corp apart from other SPACs?

Slam Corp distinguishes itself through its management team's extensive track record, operational and entrepreneurial expertise, and global networks, ensuring a strong foundation for successful investments.

How is Slam Corp structured?

Slam Corp operates as an equal partnership between A-Rod Corp and Antara Capital, providing a compelling investment opportunity for interested parties.

What type of company is Slam Corp?

Slam Corp is classified as a blank check company, focusing on acquiring existing industry leaders with potential for substantial growth.

What industries is Slam Corp targeting?

Slam Corp is actively seeking acquisitions in the sports, media, entertainment, and health and wellness sectors, with a specific emphasis on innovative technologies.