Incline Village, NV, June  09, 2026  (GLOBE NEWSWIRE) --  RMG ML Sports Holdings (the &#34;Company&#34;), a newly organized special purpose acquisition company formed as a Cayman Islands exempted company and led by Chief

SHOT

RMG ML Sports Holdings Announces the Pricing of $200 Million Initial Public Offering

RMG ML Sports Holdings prices IPO; SHOTU to trade on Nasdaq

<section class="insight" data-version="1">
  <section data-block="information">
    <h3>Information</h3>
    <p>Incline Village, NV, June  09, 2026  (GLOBE NEWSWIRE) --  RMG ML Sports Holdings (the &amp;#34;Company&amp;#34;), a newly organized special purpose acquisition company formed as a Cayman Islands exempted company and led by Chief</p>
  </section>

  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>RMG ML Sports Holdings priced its IPO of 20 million units at $10 each, with each unit comprising one Class A share and a right to 1/8 of a share upon a completed business combination. The units will trade on Nasdaq as SHOTU beginning June 10, 2026; after separation, ordinary shares and rights will trade as SHOT and SHOTR. An underwriter option could add up to 3 million units; closing is targeted for June 11, 2026.</p>
  </section>

  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>RMG ML Sports Holdings priced IPO at $10 per unit; 20,000,000 units offered.</li><li>Each unit includes one Class A share and 1/8 of a share upon business combination.</li><li>Units trade as SHOTU on Nasdaq; post-separation SHOT and SHOTR will trade.</li><li>Underwriter Santander has 45-day option for up to 3,000,000 additional units.</li><li>Closing expected June 11, 2026; SEC registration effective June 9, 2026.</li></ul>
  </section>

  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>RMG ML Sports Holdings (SHOT)</strong>: SPAC pursuing opportunities in sports, entertainment, gaming and related sectors; ordinary shares (SHOT) will trade post-de-SPAC.</li><li><strong>SHOTU (SHOTU)</strong>: Units trading on Nasdaq Global Market; initial price set at $10 per unit.</li><li><strong>SHOT (SHOT)</strong>: Ordinary shares expected to trade after unit separation; value tied to de-SPAC outcome.</li><li><strong>SHOTR (SHOTR)</strong>: Rights trading after separation; convert to 1/8 share upon business combination.</li><li><strong>Santander US Capital Markets LLC (N/A)</strong>: Sole book-running manager; potential impact if underwriting terms shift or if over-allotment is exercised.</li><li><strong>Riverside Management Group (N/A)</strong>: Affiliated sponsor; influence on deal sourcing and structuring possible but non-public.</li></ul>
  </section>

  <section data-block="category">
    <h3>Corporate Developments</h3>
    <p>Category: Corporate Developments. The piece reports an IPO pricing and listing plan for a SPAC, which can influence near-term trading but hinges on a future business combination and terms, hence primarily a corporate-structure event with limited immediate fundamental impact.</p>
  </section>

  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>Pricing confirms demand but price impact depends on future business combination terms.</li><li>Potential dilution from over-allotment could weigh on SHOT post-merger.</li><li>Timing of unit separation may drive short-term volatility around June 10–11, 2026.</li><li>Overall SPAC and sports-adjacent opportunities sentiment could influence SHOT multiples.</li></ul>
  </section>

  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>20,000,000 units offered at $10.00 per unit.</li><li>Each unit includes one Class A share and 1/8 of a Class A share on business combination.</li><li>Units to trade on Nasdaq Global Market as SHOTU beginning June 10, 2026.</li><li>Ordinary shares and rights to trade as SHOT and SHOTR after unit separation.</li><li>Underwriter: Santander US Capital Markets LLC; option to purchase up to 3,000,000 additional units.</li><li>Closing date expected June 11, 2026; registration effective June 9, 2026.</li></ul>
  </section>

  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>Neutral to modest upside near listing; monitor SPAC deal progress over 12–24 months.</p>
  </section>
</section>


<link type="text/css" rel="stylesheet" href="https://www.globenewswire.com/styles/gnw_nitf.css"></link><p align="justify"><strong>Incline Village, NV, June  09, 2026  (GLOBE NEWSWIRE) -- </strong> RMG ML Sports Holdings (the "Company"), a newly organized special purpose acquisition company formed as a Cayman Islands exempted company and led by Chief Executive Officer, James Carpenter, and President and Chief Financial Officer, Douglas Horlick, today announced the pricing of its initial public offering of 20,000,000 units at an offering price of $10.00 per unit, with each unit consisting of one Class A ordinary share and one right to receive one-eighth (1/8) of one Class A ordinary share upon the consummation of the Company's initial business combination. The units are expected to trade on the Global Market tier of the Nasdaq Stock Market ("Nasdaq") under the ticker symbol "SHOTU" beginning June 10, 2026. Once the securities comprising the units begin separate trading, the ordinary shares and the rights are expected to be traded on Nasdaq under the symbols "SHOT" and "SHOTR," respectively.</p>  <p align="justify">Santander is acting as sole book-running manager. The Company has granted the underwriter a 45-day option to purchase up to an additional 3,000,000 units at the initial public offering price to cover over-allotments, if any. The offering is expected to close on June 11, 2026 subject to customary closing conditions.</p>  <p align="justify">A registration statement relating to the securities sold in the initial public offering was declared effective by the U.S. Securities and Exchange Commission (the "SEC") on June 9, 2026. The offering is being made only by means of a prospectus. Copies of the prospectus may be obtained from Santander US Capital Markets LLC, 437 Madison Avenue, New York, NY 10022, Attention: ECM Syndicate, by email at <a href="https://www.globenewswire.com/Tracker?data=LIz2WClAdLagLCGIJYXoOjCnF1xNYW3MWFLNcFQ_jVA_WxRElfwX97xBqWOuuuCFFrlQTyimeeiKz1ma19unPOx0j3SHIv_fhFwYPpcmkmqDPz5ZGU8FhIzIXMh7dSo9" rel="nofollow" target="_blank">equity-syndicate@santander.us</a>, by telephone at 833-818-1602, or by accessing the SEC's website at <a href="https://www.globenewswire.com/Tracker?data=s0F8PxAFSIhUDv0NGZeApSQ8G_zKDDU3Xa0umY9F1ztqIT1NkxbpB9L0qTcp11BOetW7Pb7TZyPtusij1m50yg==" rel="nofollow" target="_blank">www.sec.gov</a>.</p>  <p align="justify">This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.</p>  <p align="justify"><b>About RMG ML Sports Holdings</b></p>  <p align="justify">RMG ML Sports Holdings is a public acquisition vehicle and intends to target opportunities in the global sports industry and adjacent sectors including, but not limited to, entertainment, eSports, gaming, music publishing and real estate development (focused on stadiums and venues). RMG ML Sports Holdings intends to capitalize on the investment and operational experience of its management team, as well as its affiliation with Riverside Management Group.</p>  <p align="justify"><b>Forward-Looking Statements</b></p>  <p align="justify">This press release contains statements that constitute "forward-looking statements," including with respect to the Company's initial public offering ("IPO") and search for an initial business combination. No assurance can be given that the offering discussed above will be completed on the terms described, or at all, or that the net proceeds of the offering will be used as indicated. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company's registration statement and preliminary prospectus for the IPO filed with the SEC. Copies are available on the SEC's website, <a href="https://www.globenewswire.com/Tracker?data=s0F8PxAFSIhUDv0NGZeApT1oihTzP_VPNWbCMRJuzO7xGsyQVBJ0YFKtrBBHJ8TcrI9YH2-G5lnU2oLsVLKUSQ==" rel="nofollow" target="_blank">www.sec.gov</a>. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.</p>  <p>Contacts:</p>  <p>Douglas Horlick<br></br>930 Tahoe Blvd STE 802 PMB 45<br></br>Incline Village, NV 89451<br></br>Telephone: (775) 204-1489</p> <img alt="" class="__GNW8366DE3E__IMG" src="https://www.globenewswire.com/newsroom/ti?nf=OTczNDUyMCM3NjU0NjA5IzUwMDE2Mzc2MQ=="></img> <br></br><img alt="" src="https://ml.globenewswire.com/media/ODkyMmQwODQtODZhOS00NjMxLTllOGMtNGMyNjBjM2Y4NTdmLTUwMDE2Mzc2MS0yMDI2LTA2LTA5LWVu/tiny/RMG-ML-Sports-Holdings.png" referrerpolicy="no-referrer-when-downgrade"></img>

RMG ML Sports Holdings priced its IPO of 20 million units at $10 each, with each unit comprising one Class A share and a right to 1/8 of a share upon a completed business combination. The units will trade on Nasdaq as SHOTU beginning June 10, 2026; after separation, ordinary shares and rights will trade as SHOT and SHOTR. An underwriter option could add up to 3 million units; closing is targeted for June 11, 2026.

RMG ML Sports Holdings Announces the Pricing of $200 Million Initial Public Offering

AI Summary

Sentiment Rationale

Trading Thesis

Market-Moving

Key Facts

Companies Mentioned

Corporate Developments

Related News