Discuss: SeatGeek is going public by merging with SPAC RedBall Acquistion in deal with enterprise value of about $1.35 billion

SeatGeek is going public by merging with SPAC RedBall Acquistion in deal with enterprise value of about $1.35 billion

SeatGeek, a mobile tech platform selling tickets for live sporting events, said Wednesday it is going public by merging with special purpose acquisition corporation RedBall Acquisition Corp. in a deal with an implied enterprise value of about $1.35 billion. The company will receive proceeds of $675 million, which includes a fully committed private investment in public equity, or PIPE, of $100 million, and $575 million held in the trust account of RedBall. Proceeds are earmarked for growth by...

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