Tiger Woods invests in blank-check company

Tiger Woods is a lead investor in Sports & Health Tech Acquisition Corp., a so-called blank-check company looking to raise $150 million, targeting sports and health technology investments.

Tiger Woods, situation

According to The Wall Street Journal, the company, Mr. Woods’s foray into special-purpose acquisition companies, said it would focus on fan engagement, consumer-facing health and fitness technologies, and health and well-being, targeting companies with an approximate enterprise value of $600 million to $1 billion. The Covid-19 pandemic, it said, helped drive demand for sports and social content, accelerated interest in health and wellness and underscored the importance of technology in daily life. Special-purpose acquisition companies, or SPACs, are publicly traded companies that raise money for potential acquisitions and have become a popular tool among well-known executives. Many sports and entertainment figures have backed SPACs, including tennis star Serena Williams, basketball Hall of Famer Shaquille O’Neal, National Basketball Association standout Kevin Durant and former Major League Baseball star Alex Rodriguez.

A new career as a mental coach, alongside some of the best golfers in the world to drag them to success and support them in times of difficulty. This is what Michael Phelps, the most decorated athlete in the history of the Olympics, seems to have undertaken (also in the name of friendship). A great golf enthusiast, many now define him as the “secret weapon” of green totems such as Jon Rahm, number one in the world ranking, and Jordan Spieth, the Texan who, after a long period of crisis, is back in 2021 to amaze.

“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.