David Gow is breaking into a new field. He has announced a $100 million initial public offering for Sportsmap Tech Acquisitions. The company will be focused on investments in the sports technology field with an eye on companies “built around fan engagement, health and wellness, esports, fantasy sports, and sports gambling”.
According to Front Office Sports, Sportsmap Tech Acquisitions confidentially filed with the SEC over the summer. The IPO will consist of 10 million shares priced at $10 each. It will trade on Nasdaq under SMAPU.
The Sportsmap brand was born out of Gow’s acquisition of CultureMap in 2017. Gow Media now owns the Sportsmap Radio Network as well as Sportsmap.com, which is focused on Houston sports. The company also owns ESPN 97.5 and 92.5 in the Houston market.
