Slam Corp. SLAMF
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Rating Factors
Company Overview
Slam Corp. is a special purpose acquisition company (SPAC) formed to identify, acquire, and merge with an operating business. The company was established to target opportunities primarily within the sports, media, entertainment, and consumer technology industries, leveraging sector expertise and brand recognition to source potential transactions. As a SPAC, Slam Corp. did not conduct traditional operating activities or generate operating revenue; its value proposition was centered on capital formation and deal execution.
The company completed its initial public offering in 2020, raising capital that was placed into a trust account for the purpose of completing a business combination within a defined timeframe. Slam Corp. was founded and sponsored by Alex Rodriguez, a former professional athlete and investor, as part of a broader trend of celebrity- and sector-sponsored SPACs. Based on available public disclosures, Slam Corp. did not complete a qualifying merger within the required period and ultimately liquidated, returning trust proceeds to public shareholders. Where specific dates and amounts vary across public disclosures, data is inconclusive based on available public sources.
Balance Sheet
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Price History
- Low
- $11.57
- Current
- $19.00
- High
- $19.00
Valuation
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Corporate Info
47th Floor
Suite C
New York, NY 10001