RMG ML Sports Holdings announced that holders of units sold in its initial public offering may elect to separately trade the ordinary shares and rights included in the units. The separation is commencing on or about July 17, 2026. This move allows investors to trade the components of the units individually, providing flexibility in portfolio management.

The ordinary shares and rights that are separated will trade on The Nasdaq Global Market under the symbols SHOT and SHOTR, respectively. Units that are not separated will continue to trade under the symbol SHOTU. To facilitate the separation, holders of units must instruct their brokers to contact Continental Stock Transfer & Trust Company, the Company’s transfer agent.

A registration statement relating to these securities was declared effective by the U.S. Securities and Exchange Commission (SEC) on June 9, 2026. The initial public offering was completed on June 11, 2026. The Company clarified that this press release does not constitute an offer to sell or a solicitation of an offer to buy these securities in any jurisdiction where such activity would be unlawful prior to registration or qualification.

Trading Symbols Overview

RMG ML Sports Holdings is a public acquisition vehicle targeting opportunities in the global sports industry and adjacent sectors. These sectors include entertainment, eSports, gaming, music publishing, and real estate development focused on stadiums and venues. The Company intends to leverage the investment and operational experience of its management team and its affiliation with Riverside Management Group.

RMG ML Sports Holdings has closed the partial exercise of the over-allotment option for its initial public offering, increasing total gross proceeds to $216,500,000. The underwriters purchased an additional 1,650,000 units at the public offering price of $10.00 per unit, resulting in additional gross proceeds of $16.5 million. Following this exercise, the total number of units sold in the public offering stands at 21,650,000 units. The company targets the global sports industry and adjacent sectors, including entertainment, eSports, gaming, and real estate development focused on stadiums and venues.

Santander acted as the sole book-running manager for the offering. The units began trading on the Global Market tier of the Nasdaq Stock Market under the ticker symbol "SHOTU" on June 10, 2026. Once the securities comprising the units begin separate trading, the ordinary shares and the rights are expected to be traded on Nasdaq under the symbols "SHOT" and "SHOTR," respectively. Each unit consists of one Class A ordinary share and one right to receive one-eighth (1/8) of one Class A ordinary share upon the consummation of the Company's initial business combination.

Offering Details

The table below outlines the key details of the initial public offering:

Regulatory and Contact Information

A registration statement relating to the securities sold in the initial public offering was declared effective by the U.S. Securities and Exchange Commission (the "SEC") on June 9, 2026. The offering is being made only by means of a prospectus. Copies of the prospectus may be obtained from Santander US Capital Markets LLC, 437 Madison Avenue, New York, NY 10022, Attention: ECM Syndicate, by email at equity-syndicate@santander.us , by telephone at 833-818-1602, or by accessing the SEC's website at www.sec.gov .