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Tiger Woods-backed Sports and Medical Technology Acquisition Corporation (SPAC)LDSP) withdrew its planned $150 million initial public offering.
SPAC first filed with the SEC for an IPO in January 2022, with the aim of securing business combinations in the sports and healthcare sectors.
Woods is a leading investor in SPAC. Other key investors are former professional tennis player Caroline Wozniacki and former NBA player David Lee.
For more SPAC news, see SA’s SPAC News Page.
