Slam CORP

Market Movers (8-K)

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SLAM CORP. announced a change in control, with Digital Investment Strategy, LLC acquiring the Sponsor and appointing a new board and executive team with extensive experience in cryptocurrency and DeFi.
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Slam Corp.'s sponsor, Slam Sponsor, LLC, is undergoing a change of control, leading to a complete overhaul of the company's board and officers.
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SLAM Corp. shareholders approved an amendment to extend the deadline for consummating a business combination from December 25, 2025, to December 25, 2026, with further monthly extensions possible.
Worse than expected
Delay expected
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SLAM Corp. and Lynk Global, Inc. have mutually agreed to terminate their previously announced business combination agreement and settle related litigation.
Worse than expected
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Slam Corp. shareholders approved an amendment to extend the deadline for the company to complete a business combination from June 25, 2025, to July 25, 2025, with provisions for further monthly extensions until December 25, 2025.
Capital raise
Worse than expected
Delay expected
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Slam Corp. announced the adjournment of its extraordinary general meeting until June 25, 2025, to allow shareholders more time to consider an extension for its business combination deadline from June 25, 2025, to July 25, 2025, with potential further monthly extensions until December 25, 2025.
Worse than expected
Delay expected

Quarterly Earnings (10-Q)

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Slam Corp.'s latest 10-Q filing reveals a company grappling with a looming liquidation deadline and ongoing efforts to secure a business combination, while navigating financial constraints and related party transactions.
Delay expected
Worse than expected
Capital raise
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Slam Corp. reports a net income of $2.8 million for the third quarter of 2024, primarily driven by changes in the fair value of derivative warrant liabilities and income from the trust account, while continuing its efforts to complete a business combination.
Worse than expected
Delay expected
Capital raise
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Slam Corp. reported a net loss of $1.57 million for the second quarter of 2024, as it continues to pursue a business combination.
Worse than expected
Delay expected
Capital raise
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Slam Corp. reported a net loss of $946,627 for the first quarter of 2024, as it continues to pursue a business combination.
Worse than expected
Delay expected
Capital raise

Annual Reports (10-K)

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Slam Corp's 10-K filing reveals substantial doubt about its ability to continue as a going concern as it navigates challenges in completing its initial business combination with Lynk Global.
Capital raise
Worse than expected
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Slam Corp.'s 10-K filing details the terms of its Class A and Class B ordinary shares, warrants, and redemption rights, as well as its governance structure and potential risks.
Worse than expected

Insider Trading (Form 4)

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SLAM Corp. and Lynk Global, Inc. have mutually agreed to terminate their previously announced business combination agreement and settle related litigation, with Lynk making a deferred payment to Slam.
Worse than expected
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Slam Corp. shareholders approved an amendment to extend the deadline for consummating a business combination to July 25, 2025, with potential further extensions until December 25, 2025, though nearly 1.9 million public shares were redeemed in connection with the vote.
Delay expected
Worse than expected
Capital raise
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SLAM Corp. announced the adjournment of its extraordinary general meeting to June 25, 2025, to allow shareholders more time to consider an amendment extending the deadline for its business combination with Lynk.
Delay expected
Worse than expected
Capital raise
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Slam Corp. has filed a civil complaint against Lynk Global, Inc. and Lynk Global Holdings, Inc. in Delaware, alleging breach of their business combination agreement and seeking specific performance to complete the merger.
Worse than expected
Delay expected
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Slam Corp. has adjourned its extraordinary general meeting of shareholders until June 24, 2025, to allow for a vote on extending the deadline for its proposed Business Combination, while also extending the redemption withdrawal period.
Delay expected
Capital raise
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Slam Corp. has filed an 8-K announcing an extraordinary general meeting to vote on extending its business combination deadline from June 25, 2025, to December 24, 2025, with potential further monthly extensions, and updating proxy statement disclosures regarding redemption price and share counts.
Worse than expected
Capital raise
Delay expected

Proxy Statements (Def-14A)

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Slam Corp., a SPAC, is seeking a fifth extension to complete a business combination by December 2026, or potentially May 2027, as it faces delisting, SEC reporting delinquencies, and a depleted trust account.
Delay expected
Worse than expected
Capital raise
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Slam Corp. adjourned its extraordinary general meeting to June 25, 2025, to allow shareholders more time to consider the proposal to extend the deadline for its Business Combination until December 25, 2025.
Delay expected
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Slam Corp. has filed a civil complaint against Lynk Global, Inc. and Lynk Global Holdings, Inc. in Delaware, seeking to enforce their business combination agreement and prevent its termination.
Worse than expected
Delay expected
Capital raise
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Slam Corp. has adjourned its extraordinary general meeting until June 24, 2025, to allow shareholders more time to vote on extending the deadline for its proposed business combination with Lynk.
Capital raise
Delay expected
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Slam Corp. has filed a definitive proxy statement to hold an extraordinary general meeting on June 6, 2025, seeking shareholder approval to extend the deadline for its business combination with Lynk from June 25, 2025, to December 24, 2025, with potential for further monthly extensions.
Delay expected
Worse than expected
Capital raise
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Slam Corp., a special purpose acquisition company (SPAC), is seeking shareholder approval to extend its deadline to complete a business combination with Lynk Global, Inc. until December 24, 2025, following its delisting from Nasdaq and a shift in its trust account investment strategy.
Delay expected
Worse than expected
Capital raise

Schedule 13D - Activist Investments

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Digital Investment Strategy LLC has acquired Slam Sponsor, LLC, gaining beneficial ownership of 99.5% of Slam Corp.'s Class A Ordinary Shares.
Capital raise

Schedule 13G - Passive Investments

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First Trust Merger Arbitrage Fund and related entities report zero beneficial ownership in Slam Corp Class A Ordinary Shares as of September 30, 2025.
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First Trust Merger Arbitrage Fund and related entities have reported beneficial ownership of Slam Corp. Class A Ordinary Shares, with First Trust Capital Management L.P. and its control persons holding 5.14%.
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Slam Sponsor, LLC has filed an amended Schedule 13G, reaffirming its substantial beneficial ownership of 93.0% of Slam Corp.'s Class A Ordinary Shares as of March 31, 2025.
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Mizuho Financial Group, Inc. has filed an amended Schedule 13G, disclosing a 6% beneficial ownership stake in Slam Corp.'s Common Shares as of March 31, 2025.
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First Trust Merger Arbitrage Fund and affiliated entities have disclosed beneficial ownership of up to 9.00% of Slam Corp.'s Class A Ordinary Shares, held for passive investment purposes.
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Atlas Merchant Capital and its affiliated entities have filed an amended Schedule 13G, indicating they no longer beneficially own any Class A ordinary shares of Slam Corp.