December 2, 2021
Leadership of Genius Sports Inc has purchased over 280,000 of common shares of GENI stock following the sportstech group’s November slump on the NYSE. The trade was led by chief executive Mark Locke, who purchased 50,000 GENI shares at a projected cost of $10.02 per share – a transaction that would have cost him circa +$500,000. Locke was joined by …
Read More »April 20, 2021
Genius Sports will begin trading on the New York Stock Exchange (NYSE) as of tomorrow morning, Wednesday 21 April (ticker – GENI), having completed all merger requirements with SPAC vehicle dMY Technology Group II (dMY II). In a statement released this afternoon, the firm communicated that its business combination had been formally approved at a special meeting of dMY II’s …
Read More »October 27, 2020
Genius Sports has confirmed it intends to pursue a New York Stock Exchange listing with special purpose acquisition company (SPAC) dMY Technology. It follows breaking news by US business news sources that dMY had secured a guaranteed +$300 million of financing to lead Genius’ US-focused IPO. This morning, Genius affirmed that it had entered a ‘definitive business combination agreement’ with …
Read More »October 27, 2020
Sports betting returns to Wall Street’s grapevine as Bloomberg and The Wall Street Journal report that Genius Sports is the target of a future IPO by a special purpose acquisition company’ (SPAC). The US news sources cite that tech executives Harry You, a former VP of EMC Corp (now Dell EMC), and Niccolo De Masi, former Chief Executive of San …
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