Sports Ventures Acquisition Corp. is a blank check company. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The company was founded in 2020 and is based in Bal Harbour, Florida.
IPO Year: 2021
Exchange: NASDAQ
| Date | Price Target | Rating | Analyst |
|---|
Sports Ventures Acquisition Corp. (NASDAQ:AKIC) (the "Company") announced today that, due to its inability to consummate an initial business combination within the time period required by its amended and restated memorandum and articles of association (the "Charter"), the Company intends to dissolve and liquidate in accordance with the provisions of its Charter and will redeem all of the outstanding shares of Class A common stock that were included in the units issued in its initial public offering (the "Public Shares"), at a per-share redemption price of approximately $10.12. In order to provide for the disbursement of funds from the trust account, the Company has instructed the trustee of
DNEG ("DNEG" or "the Company"), a leading technology-enabled visual effects (VFX) and animation company for the creation of feature film, television and multiplatform content, and Sports Ventures Acquisition Corp. ("Sports Ventures") (NASDAQ:AKIC), a publicly-traded special purpose acquisition company, announced today that the companies have mutually agreed to terminate their previously announced business combination agreement, effective immediately. The companies decided to terminate the business combination agreement as a result of current unfavorable SPAC market conditions and other factors. DNEG recently announced revenue outperformance in a business update with strong year-over-year g
DNEG (“DNEG” or “the Company”), a leading technology-enabled visual effects (VFX) and animation company for the creation of feature film, television and multiplatform content, and Sports Ventures Acquisition Corp. (“Sports Ventures”) (NASDAQ:AKIC), a publicly-traded special purpose acquisition company, announced today they have filed with the U.S. Securities and Exchange Commission (“SEC”) an amended proxy statement with respect to their proposed business combination (the “Business Combination”). The filing can be found here. The Business Combination with Sports Ventures is subject to customary closing conditions, including the approval of Sports Ventures’ stockholders, and is expected to b
DNEG ("DNEG" or "the Company"), a leading technology-enabled visual effects (VFX) and animation company for the creation of feature film, television and multiplatform content, and Sports Ventures Acquisition Corp. ("Sports Ventures") (NASDAQ:AKIC), a publicly-traded special purpose acquisition company, announced today they have filed with the U.S. Securities and Exchange Commission ("SEC") a preliminary proxy statement with respect to their proposed business combination (the "Business Combination"). The filing can be found here. The Business Combination with Sports Ventures is subject to customary closing conditions, including the approval of Sports Ventures' stockholders, and is expected t
A leading visual effects and animation company announced a SPAC deal Tuesday and laid out its growth plans for investors. Here are the key details. The SPAC Deal: Award winning visual effects company DNEG announced a SPAC merger with Sports Ventures Acquisition Corp (NASDAQ:AKIC). The deal values DNEG at an enterprise value of $1.7 billion. The merger includes a PIPE of $168 million. An affiliate of Sports Venture agreed to backstop a portion of the $350 million minimum cash condition of the merger. The merger is expected to close in the first half of 2022. About DNEG: Leading technology-enabled visual effects company DNEG has operations across North America, Europe and Asia. The company
https://www.youtube.com/watch?v=YmH033LCn1Q
https://www.youtube.com/watch?v=YmH033LCn1Q
Click To Tune In Here... https://www.youtube.com/watch?v=YmH033LCn1Q
Click To Tune In Here... https://www.youtube.com/watch?v=YmH033LCn1Q
DNEG, a high-growth, technology-enabled visual effects and animation company executing ground-breaking, award-winning work for the world’s largest content creators, enters into business combination agreement with Sports Ventures Acquisition Corp. (NASDAQ:AKIC) Proven business model with historical profitability; DNEG projects approximately $400 million in revenue and adjusted EBITDA of $100 million for its fiscal year ending March 31, 2022 (FY2022) Long-term creative relationships lead to highly visible, recurring revenue streams, including approximately $731 million in order book and pipeline for FY2022 and beyond as of September 30, 2021 Substantial opportunity as a public company
SC 13G/A - Sports Ventures Acquisition Corp. (0001826574) (Subject)
SC 13G/A - Sports Ventures Acquisition Corp. (0001826574) (Subject)
SC 13G/A - Sports Ventures Acquisition Corp. (0001826574) (Subject)
SC 13G/A - Sports Ventures Acquisition Corp. (0001826574) (Subject)
SC 13G - Sports Ventures Acquisition Corp. (0001826574) (Subject)
SC 13G - Sports Ventures Acquisition Corp. (0001826574) (Subject)
SC 13G - Sports Ventures Acquisition Corp. (0001826574) (Subject)
SC 13G - Sports Ventures Acquisition Corp. (0001826574) (Subject)
SC 13D/A - Sports Ventures Acquisition Corp. (0001826574) (Subject)
4 - Sports Ventures Acquisition Corp. (0001826574) (Issuer)
4 - Sports Ventures Acquisition Corp. (0001826574) (Issuer)
4 - Sports Ventures Acquisition Corp. (0001826574) (Issuer)
4 - Sports Ventures Acquisition Corp. (0001826574) (Issuer)
3 - Sports Ventures Acquisition Corp. (0001826574) (Issuer)
15-12G - Sports Ventures Acquisition Corp. (0001826574) (Filer)
25-NSE - Sports Ventures Acquisition Corp. (0001826574) (Subject)
8-K - Sports Ventures Acquisition Corp. (0001826574) (Filer)
10-Q - Sports Ventures Acquisition Corp. (0001826574) (Filer)
10-Q - Sports Ventures Acquisition Corp. (0001826574) (Filer)
DEFA14A - Sports Ventures Acquisition Corp. (0001826574) (Filer)
8-K - Sports Ventures Acquisition Corp. (0001826574) (Filer)
8-K - Sports Ventures Acquisition Corp. (0001826574) (Filer)
DEFA14A - Sports Ventures Acquisition Corp. (0001826574) (Filer)
10-Q - Sports Ventures Acquisition Corp. (0001826574) (Filer)
Bal Harbour, FL, Dec. 21, 2022 (GLOBE NEWSWIRE) -- Sports Ventures Acquisition Corp. (NASDAQ:AKIC) (the "Company") announced today that, due to its inability to consummate an initial business combination within the time period required by its amended and restated memorandum and articles of association (the "Charter"), the Company intends to dissolve and liquidate in accordance with the provisions of its Charter and will redeem all of the outstanding shares of Class A common stock that were included in the units issued in its initial public offering (the "Public Shares"), at a per-share redemption price of approximately $10.12. In order to provide for the disbursement of funds from the
DNEG ("DNEG" or "the Company"), a leading technology-enabled visual effects (VFX) and animation company for the creation of feature film, television and multiplatform content, and Sports Ventures Acquisition Corp. ("Sports Ventures") (NASDAQ:AKIC), a publicly-traded special purpose acquisition company, announced today that the companies have mutually agreed to terminate their previously announced business combination agreement, effective immediately. The companies decided to terminate the business combination agreement as a result of current unfavorable SPAC market conditions and other factors. DNEG recently announced revenue outperformance in a business update with strong year-over-year
Pair Share President Title and Leadership Responsibilities to Support Animation Studio's Rapid Growth and Development DNEG, a leading visual effects (VFX) and animation studio for the creation of feature film, television and multiplatform content, announced today that Erika Burton will join its DNEG Animation arm as President. Burton, who will share both the President title and leadership responsibilities with DNEG Animation President Tom Jacomb, joins the division to support its rapid growth and development. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220615005351/en/DNEG's Erika Burton joins DNEG Animation as President and
Company Outperformed Target Revenue for the Year Ended March 31, 2022 Company Saw Revenue of $409.3 million, Net Income of $39.3 million and Adjusted EBITDA of $100.6 million Revenue Increase of 33.5% Driven by Healthy Growth in Demand for Content DNEG, a leading technology-enabled visual effects (VFX) and animation company for the creation of feature film, television and multiplatform content, today announced a business update for the year ended March 31, 2022. Selected DNEG highlights include: For the full-year ended March 31, 2022, DNEG generated revenue of $409.3 million, Net Income of $39.3 million and Adjusted EBITDA of $100.6 million, equating to year-over-year growth of 33.5%,
Application Engineered to Meet the Needs of Filmmakers Throughout the Production Process DNEG, a leading technology-enabled visual effects (VFX) and animation studio for the creation of feature film, television and multiplatform content, today outlined plans for the upcoming launch of xSTUDIO, a modern, flexible and feature-rich playback and review application designed to meet the needs of content creators throughout the production process. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220609005702/en/DNEG to launch ‘xSTUDIO' open-source project, engineered to meet the needs of filmmakers throughout the production process throu
DNEG, a leading technology-enabled visual effects (VFX) and animation company for the creation of feature film, television, and multiplatform content, announced the signing of a new, multiyear services agreement with Netflix (NASDAQ:NFLX). This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220509006182/en/Leading Hollywood visual effects and animation company, DNEG, announces extension and expansion of its agreement with Netflix for a new multiyear deal for VFX work on Netflix programming, including 'The Adam Project,' starring Ryan Reynolds. (Photo: Business Wire) The non-exclusive agreement covers the provision of visual effects an
Fourth North American DNEG Studio Debuts with More Than 150 Hired in Greater Toronto Area Amidst Ongoing Worldwide Growth Plan Studio Now Employs 1500+ in Canada Including Vancouver and Montreal Operations DNEG, a leading visual effects (VFX) and animation studio for the creation of feature film, television and multiplatform content, officially opened its previously announced studio in the King West district of Toronto today, with more than 150 already hired, and revealed significant progress in its aggressive Canadian expansion efforts. DNEG is in the midst of increasing its Canada-based VFX and animation operations and talent pool to meet surging worldwide multiplatform demand for its
DNEG ("DNEG" or "the Company"), a leading technology-enabled visual effects (VFX) and animation company for the creation of feature film, television and multiplatform content, and Sports Ventures Acquisition Corp. ("Sports Ventures") (NASDAQ:AKIC), a publicly-traded special purpose acquisition company, announced today they have filed with the U.S. Securities and Exchange Commission ("SEC") an amended proxy statement with respect to their proposed business combination (the "Business Combination"). The filing can be found here. The Business Combination with Sports Ventures is subject to customary closing conditions, including the approval of Sports Ventures' stockholders, and is expected to
DNEG's Sixth Academy Award® for Best VFX in the Past Eight Years, Seventh in Total DNEG, a leading technology-enabled visual effects (VFX) and animation studio for the creation of feature film, television and multiplatform content, has won its seventh Academy Award® for Best Visual Effects – and its sixth in the past eight years – for its groundbreaking VFX work on Dune. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220328005472/en/DNEG honored with Academy Award for Best Visual Effects for its VFX work on "Dune." Image courtesy of DNEG © 2021 Legendary and Warner Bros. Entertainment Inc. All Rights Reserved. Hosted on March 27
DNEG ("DNEG" or "the Company"), a leading technology-enabled visual effects (VFX) and animation company for the creation of feature film, television and multiplatform content, and Sports Ventures Acquisition Corp. ("Sports Ventures") (NASDAQ:AKIC), a publicly-traded special purpose acquisition company, announced today they have filed with the U.S. Securities and Exchange Commission ("SEC") a preliminary proxy statement with respect to their proposed business combination (the "Business Combination"). The filing can be found here. The Business Combination with Sports Ventures is subject to customary closing conditions, including the approval of Sports Ventures' stockholders, and is expected