![]() Getting up to speed on SPACs, he said, was “a great learning experience.” As to why Redbox chose the SPAC route, Smith said, “In a lot of ways it can be a lot faster and more efficient” than a more traditional IPO. One of his early stints as a junior investment banker at Morgan Stanley, he recalled, involved working on approaches to a public offering for Redbox, which was founded in 2002. ![]() UTA's Gaming-Focused SPAC Sets IPO, Aiming To Raise $200 MillionĬEO Galen Smith told Deadline he had not been well-versed in the nitty-gritty of SPACs until the past year despite having held several finance-focused positions in his career. ![]()
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