A lead investor in Sports & Health Tech Acquisition Corp., a so-called blank-check company seeking to raise $150 million in order to make investments in sports and health technology, is Tiger Woods.
Tiger Woods, situation
Mr. Woods’ first foray into special-purpose acquisition companies, according to The Wall Street Journal, will focus on fan engagement, consumer-facing health and fitness technologies, and health and well-being. The company will target companies with an approximate enterprise value of $600 million to $1 billion, according to The Wall Street Journal.
According to the report, the Covid-19 pandemic contributed to increased demand for sports and social media content, increased interest in health and wellness, and highlighted the importance of technology in everyday life. Special-purpose acquisition companies, also known as SPACs, are publicly traded companies that raise money for the purpose of acquiring other companies. They have become a popular tool among well-known executives because of their ability to raise money for potential acquisitions.
Numerous sports and entertainment figures, including tennis star Serena Williams, basketball Hall of Famer Shaquille O’Neal, National Basketball Association star Kevin Durant, and former Major League Baseball player Alex Rodriguez, have lent their support to sports-related public benefit corporations.
A new career as a mental coach, working with some of the best golfers in the world to help them achieve success and provide support when they are experiencing difficulties on the course. This appears to be the course of action that Michael Phelps, the most decorated athlete in the history of the Olympics, has taken (also in the name of friendship).
A great golf enthusiast, many now consider him to be the “secret weapon” of green totems such as Jon Rahm, the world’s number one golfer, and Jordan Spieth, the Texan who, after a long period of crisis, is back in 2021 to continue to amaze the golfing public.
“He’s a good guy, he’s been through a lot as a sportsman and he’s the greatest Olympian of all time with a lot of tricks up his sleeve. I’m not going to reveal what I asked him but I can say that he has helped me a lot in the last period.
“These are the revelations of the Spaniard Rahm. For the legendary swimmer, nicknamed ‘the Baltimore Shark’, important words also came from Spieth, today 12 / o in the world ranking. “The mental aspect is something I’ve worked on a lot with him lately.
I’m really lucky to have him around. Besides, he’s a great lover of golf and having him now more and more in our world is an added value.” This is the opinion of Spieth who yesterday, alongside Phelps, played the Pro-Am of the BMW Championship, the second event of the Play-Offs of the Pga Tour starting today in Owing Mills (USA), Maryland.
Read the original article on Tennis World USA.