Ticker Launch

SPAC · Merger completed

SportsMap Tech Acquisition Corp.

Business combination with Infrared Cameras Inc.

SportsMap Tech Acquisition Corp. is a blank-check company (SPAC) that raised $100M in its initial public offering on Oct 21, 2021, listing on Nasdaq Global Market. It completed its business combination with Infrared Cameras Inc. on Dec 19, 2023; the combined company is Infrared Cameras Holdings, Inc. (now MultiSensor AI Holdings, Inc.) (MSAI). Roth Capital led the IPO, with Craig-Hallum. Schiff Hardin advised the SPAC and Graubard Miller advised the underwriters on the IPO.

Infrared Cameras Inc., founded in 1995, develops and manufactures infrared-sensor systems. Its solutions are used across industries including oil and gas, distribution and logistics, manufacturing and utilities.

Status
Merger completed
IPO date
Oct 21, 2021
IPO size
$100M
IPO exchange
Nasdaq Global Market
Target
Infrared Cameras Inc. (Legacy ICI)
Announced
Dec 6, 2022
Closed
Dec 19, 2023
Combined company
Infrared Cameras Holdings, Inc. (now MultiSensor AI Holdings, Inc.) (MSAI)
IPO underwriters
Roth Capital and Craig-Hallum
SPAC counsel (IPO)
Schiff Hardin
Underwriters' counsel (IPO)
Graubard Miller

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