Sportsmap Tech Acquisition Corp.: management transactions · United States · SEC (Form 4)

About Sportsmap Tech Acquisition Corp.

Sportsmap Tech Acquisition Corp. was a Delaware-incorporated special purpose acquisition company (SPAC) formed on May 14, 2021 to pursue a merger, share exchange, asset acquisition, stock purchase, recapitalization or similar business combination with an unidentified target. The company’s business address was disclosed in SEC filings as 5353 West Alabama, Suite 415, Houston, TX 77056, reflecting its base in Houston, Texas, United States. As with most SPACs, Sportsmap had no operating business of its own before its combination transaction and was primarily a capital-markets vehicle rather than a product company. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1863990/000110465923085484/tm235988-5_prer14a.htm?utm_source=openai)) From an industry classification perspective, Sportsmap is best understood as a financial structuring vehicle that ultimately served as a listing platform for a technology-oriented operating business. Before the merger, it did not generate operating revenue and its filings described it as a blank check company with no specific business combination under consideration at formation. That means investors should not look for a traditional product portfolio, customer base or revenue mix at the SPAC stage; instead, the investment case was tied to sponsor execution, target selection and the quality of the eventual acquisition. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1863990/000141057822001960/smapu-20220331x10q.htm?utm_source=openai)) The key corporate milestone was the closing of the business combination with Infrared Cameras Holdings, Inc. on December 19, 2023. Following that transaction, Sportsmap Tech Acquisition Corp. changed its name to Infrared Cameras Holdings, Inc., and the combined company began trading on NASDAQ on December 20, 2023 under the ticker MSAI. In 2024, the company then rebranded again as MultiSensor AI Holdings, Inc., underscoring that the SPAC shell had been transformed into a different operating enterprise. ([nasdaq.com](https://www.nasdaq.com/press-release/multisensor-ai-announces-fourth-quarter-and-full-year-2023-results-2024-04-01?utm_source=openai)) Post-merger disclosures describe the business as an AI-powered industrial predictive maintenance and process-control company, with software platforms designed to analyze multi-sensor data and support industrial customers. Recent company communications also highlighted new software releases and commercialization momentum, indicating that the listed entity’s strategic focus shifted from blank-check capital formation toward building a scalable technology platform. For international equity investors, the important takeaway is that Sportsmap’s history is mainly relevant as the origin story of the public listing, while the operating story belongs to the post-combination NASDAQ-listed technology company in the United States. ([nasdaq.com](https://www.nasdaq.com/press-release/multisensor-ai-announces-fourth-quarter-and-full-year-2023-results-2024-04-01?utm_source=openai))