Press Releases July 13, 2026 04:05 PM

RMG ML Sports Holdings Announces the Separate Trading of its Ordinary Shares and Rights, Commencing on or about July 17, 2026

RMG ML Sports Holdings Commences Separate Trading of Ordinary Shares and Rights on Nasdaq

By Avery Klein
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SHOTU

RMG ML Sports Holdings, a special purpose acquisition company focused on the global sports and entertainment sectors, announced that starting July 17, 2026, holders of its IPO units can trade ordinary shares and rights separately on Nasdaq under the symbols SHOT and SHOTR, respectively. Units not separated will continue trading under SHOTU.

RMG ML Sports Holdings Announces the Separate Trading of its Ordinary Shares and Rights, Commencing on or about July 17, 2026
SHOTU
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Key Points

  • Units from the company's June 11, 2026 IPO can now be separated into ordinary shares and rights which trade separately on Nasdaq.
  • The company's focus remains targeting acquisitions in global sports, eSports, gaming, entertainment, music publishing, and real estate related to stadiums and venues.
  • This structural change provides investors with flexibility in managing their holdings in the SPAC ahead of its business combination search.

NEW YORK, July 13, 2026 (GLOBE NEWSWIRE) -- RMG ML Sports Holdings (Nasdaq: SHOTU) (the “Company”), a special purpose acquisition company, today announced that, commencing on or about July 17, 2026, holders of the units sold in the Company’s initial public offering completed on June 11, 2026 (the “offering”), may elect to separately trade the ordinary shares and rights included in the units.

The ordinary shares and rights that are separated will trade on The Nasdaq Global Market under the symbols “SHOT” and “SHOTR,” respectively, and those units not separated will continue to trade under the symbol “SHOTU.” Holders of units will need to have their brokers contact Continental Stock Transfer & Trust Company, the Company’s transfer agent, in order to separate the units into ordinary shares and rights.

A registration statement relating to these securities was declared effective by the U.S. Securities and Exchange Commission (the “SEC”) on June 9, 2026. 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.

About RMG ML Sports Holdings

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.

Forward-Looking Statements

This press release contains statements that constitute “forward-looking statements,” including with respect to the Company’s search for an initial business combination. 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 final prospectus for the Company’s offering filed with the SEC. Copies are available on the SEC’s website, www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

Contact

Douglas Horlick
930 Tahoe Blvd STE 802 PMB 45
Incline Village, NV 89451
Telephone: (775) 204-1489


Risks

  • The company is still seeking an initial business combination, which carries uncertainty regarding the timing and success of a target acquisition affecting investor returns.
  • Forward-looking statements rely on assumptions and are subject to risks detailed in the company's SEC filings.
  • Market conditions or regulatory changes may impact the company's ability to complete a successful business combination in the targeted sectors.

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