• Loading stock data...
Friday, October 10, 2025
One week until Asset Class at the NYSE Request to Attend

New SPAC Enters The Ring

  • Isos aims to raise $200 million through an IPO.
  • The SPAC comes after Michelle Wilson and George Barrios formed Isos Capital Management earlier this month.
WWE jumps into SPAC space.
Joshua Yeager

Former WWE co-presidents Michelle Wilson and George Barrios are jumping into the SPAC space.

The duo filed plans to launch Isos Acquisition, a blank-check company targeting digital media and entertainment acquisitions. Isos aims to raise $200 million through an IPO, and could add an additional $75 million through a forward purchase agreement with Apollo Global Management.

If all goes according to plan, Isos will hold a market value of $250 million.

Isos’ filing specifically highlights growth projections for video games, amusement parks, sports betting and esports. The sports betting industry is projected to grow 65.4% from 2019-23 to $19 billion, the filing said; esports are projected to grow 58.5% to $7 billion in that period. 

The number of early filings suggests SPACs will continue to pile into the market throughout 2021. 

Last year, there were more than 250 SPAC shell companies listed in the U.S., and they raised nearly $79 billion combined.

The Isos SPAC comes after Wilson and Barrios formed Isos Capital Management earlier this month, eyeing investment opportunities in global media, entertainment, and sports. 

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Inside NCAA Headquarters located in Indianapolis on Friday, March 10, 2023. Ncaa President Charlie Baker

NCAA Approves Plan to Let D-I College Athletes Bet on Pro Sports

The proposal still needs to be approved by D-II and D-III committees.
NYSE

NYSE Owner Pours $2B Into Polymarket at $8B Valuation

Prediction markets keep pushing further into the mainstream.
Ballers in Philadelphia
exclusive

Backer of SlamBall, Ballers Armed With $150M for New Fund

The fund will offer sports and entertainment companies deals that don’t involve equity.

Live Personalized Betting Is Coming to Amazon’s NBA Streams

The streamer draws heavily from prior experience with the NFL and NASCAR.

Featured Today

Paul Cartier

Sports Organists Are Still Thriving in the Era of Raucous Arena Music

“When they walk out and they see a real organ guy, it’s like, ‘Wow.’”
Sep 27, 2025; Milwaukee, Wisconsin, USA; Milwaukee Brewers center fielder Jackson Chourio (11) rounds the bases after hitting a home run during the sixth inning against the Cincinnati Reds at American Family Field.
October 4, 2025

Milwaukee Moneyball: Brewers Are Beating MLB’s Deeper Pockets

Milwaukee is holding its own against big-budget competitors.
Kōloa Rum Company Rum Rusher
September 27, 2025

Panthers Bubbly, Jets Wine, Manning Whiskey: The Sports Booze Boom

A sommelier dives into the sports booze trend—and tries Jets wine.
Nov 17, 2024; Pittsburgh, Pennsylvania, USA; Pittsburgh Steelers fans wave Terrible Towels against the Baltimore Ravens during the fourth quarter at Acrisure Stadium
September 26, 2025

Steelers’ Irish Roots Are Deeper Than NFL Dublin Game

The Steelers have history and the foundation for a future in Ireland.
Jonathan Mariner

Former MLB CFO Jumps to PE, Says Teams Are Undervalued

Mariner worked in Major League Baseball for 24 years.
March 20, 2025

Nike Struggles Continue, but Signs of Turnaround Appear

The embattled company beats tepid expectations in both revenue and earnings.
James Harden
April 24, 2025

Adidas Posts Big Profits in First Quarter Without Yeezy

Profits and sales are up after selling off remaining Yeezys last year.
Sponsored

How Jenny Just Is Shaping the Future of Sports Ownership

Jenny Just on bringing her investment experience to sports ownership.
Oracle Park
March 18, 2025

S.F. Giants Selling Stake to Private Equity to Pay for Facility Upgrades

The team said the cash would not be used to grow payroll.
Aug 11, 2024; Paris, France; Medals are carried out on Louis Vuitton trays after the women's volleyball gold medal match during the Paris 2024 Olympic Summer Games at South Paris Arena
February 16, 2025

LVMH’s New Push: World’s Most Powerful Luxury Group Is Coming for Sports

LVMH is making long-term deals—and they’re not done.
February 14, 2025

DraftKings Turns First Full-Year Profit, Stock Up 47% in 2025

The company’s sports betting business continues to grow despite headwinds.
Billie Jean King
February 13, 2025

Billie Jean King: ‘Billionaires, Not Millionaires’ Are Fueling Women’s Sports Boom

Billie Jean King wants more women involved in team ownership, too.