Former Glu CEO Niccolo De Masi is at it again, ready to take another company public

Niccolo De Masi, the man behind the hit mobile game Kim Kardashian: Hollywood, has launched his second “blank check” initial public offering (IPO) company in six months. After acquiring online gambling company Rush Street Interactive and taking it public for $1.8 billion, De Masi now wants to target a game company or tech company.

De Masi announced that his dMY Technology Group II has raised $240 million for a special purpose acquisition corporation (SPAC) on the New York Stock Exchange. In that transaction, investors have once again put him in charge of a lot of money, and De Masi gets to decide what to acquire with all of that cash. What could happen? Well, a game company could go public in very short order, if all goes well.