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Sportsmap Tech Acquisition Corp. - SMAPU STOCK NEWS

Welcome to our dedicated page for Sportsmap Tech Acquisition news (Ticker: SMAPU), a resource for investors and traders seeking the latest updates and insights on Sportsmap Tech Acquisition stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Sportsmap Tech Acquisition's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Sportsmap Tech Acquisition's position in the market.

Rhea-AI Summary

SportsMap Tech Acquisition Corp. (NASDAQ: SMAPU, SMAP, SMAPW) received a notice from Nasdaq on May 25, 2022, indicating non-compliance with Listing Rule 5250(c)(1) due to the failure to timely file its Quarterly Report on Form 10-Q for Q1 2022 and its Annual Report on Form 10-K for 2021. The notice does not impact the current listing or trading of securities. The company has until June 20, 2022, to submit a compliance plan and may receive an extension until October 12, 2022, if accepted.

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SportsMap Tech Acquisition Corp. (NASDAQ: SMAPU, SMAP, SMAPW) received a notice from Nasdaq on April 19, 2022, indicating non-compliance with Listing Rule 5250(c)(1) due to a late filing of its Annual Report on Form 10-K for the year ended December 31, 2021. The notice does not affect the trading status of the Company’s securities immediately. The Company has 60 days to submit a compliance plan and may receive an extension of up to 180 days until October 12, 2022, to regain compliance.

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SportsMap Tech Acquisition Corp. (NASDAQ: SMAPU) announced that starting November 16, 2021, holders of the units from its IPO can trade shares of the Company’s common stock and warrants separately. Shares will trade under the symbols SMAP for common stock and SMAPW for warrants on the Nasdaq Capital Market. No fractional warrants will be issued, and units not separated will continue under the symbol SMAPU. This announcement does not constitute an offer to sell or solicit securities.

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SportsMap Tech Acquisition Corp. (NASDAQ: SMAPU) has successfully closed its initial public offering, issuing 11,500,000 units at $10.00 each. This offering included the full exercise of the underwriters' over-allotment option, and units began trading on October 19, 2021. Each unit comprises one share of common stock and three-quarters of one redeemable warrant, with warrants granting the right to purchase stock at $11.50 per share. Roth Capital Partners and Craig-Hallum Capital Group served as joint book-runners for the offering.

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SportsMap Tech Acquisition Corp. (NASDAQ: SMAPU) has priced its initial public offering of 10,000,000 units at $10.00 each. Trading is set to begin on October 19, 2021, on the Nasdaq Global Market under the symbol SMAPU. Each unit includes one share of common stock and three-quarters of a redeemable warrant, with whole warrants allowing the purchase of stock at $11.50. The offering will close on or about October 21, 2021. Roth Capital Partners and Craig-Hallum Capital Group are acting as joint book-running managers, with additional options for over-allotments.

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Sportsmap Tech Acquisition Corp.

Nasdaq:SMAPU

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