Super Group went public via a SPAC merger with Sports Entertainment Acquisition in a $4.75bn deal.

Super Group, a sports betting and gambling company, went public via a SPAC merger with Sports Entertainment Acquisition, a SPAC, in a $4.75bn deal. As part of the deal, $450m of cash in the trust was injected into the combined company. Super Group’s existing shareholders now hold c. 88% of the shares in the combined company. “Today marks a major milestone for our company, our employees and our shareholders. Now as a public company, we plan to continue to strengthen our brand among the worldwide online betting and gaming community by growing our customer base, expanding into new markets and developing strategic partnerships with major sports franchises," Neal Menashe, Super Group CEO.