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Genius Sports to list on NYSE as $1.5bn dMY II merger closes


Sports data technology company Genius Sports Group (GSG) has announced the completion of its anticipated business combination with special acquisition company (SPAC) dMY Technology Group Inc. II (dMY II) that will see GSG trade on the New York Stock Exchange (NYSE).

The merger was approved at a meeting of dMY II’s stockholders on April 16. Once the business combination is completed, the combined business will become Genius Sports Limited.

From April 21, Genius will begin trading on the NYSE under the ticker symbols GENI and its warrants as GENI WS. The business will go public with a valuation of $1.50bn (£1.08bn/€1.26bn).

Read the full story on iGamingBusiness.