UTA Acquisition Corp. plans to raise $200 million in public funds for a special purpose acquisition company (SPAC) headed by former Nintendo of America CEO Reggie Fils-Aimé and other leaders from United Talent Agency, a big talent, entertainment, and athlete representation company.
The fund shows how the environment for gaming-related deals is still hot. So far this year, investors have poured $71 billion over the past nine months into gaming acquisitions, investments, and public offerings, according to Drake Star Partners.
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