IPOs

Iconic Sports Spac aims to raise $250m at listing

Iconic's sponsors include James Dinan, a part-owner of the National Basketball Association's Milwaukee Bucks

Iconic Sports Acquisition, a special-purpose acquisition company, seeks to raise $250m when it lists on the New York Stock Exchange, the company said on 19 October.

The company plans to sell 25 million units for $10 each. Each unit consists of one Class a share and one half of a redeemable warrant. Shares are set to trade on the exchange under ticker symbol ICNC.

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Europe Draws Up Retaliatory Tariffs for U.S. Goods in Case No Trade Deal Is ReachedExternal link

Europe Draws Up Retaliatory Tariffs for U.S. Goods in Case No Trade Deal Is Reached