SportsMap Tech Acquisition Corp. to merge with Infrared Cameras Holdings at $149M enterprise value

MultiSensor AI Holdings, Inc.

Transaction implies pro forma enterprise value of $149M, 6.7x NTM revenue of $22.1M.
Existing ICI shareholders to roll 100% of equity; earnout of up to 2.4M shares on price and revenue targets.
Expected close in H2 2023; ~$20M cash on balance sheet post-close to fund growth.
No PIPE commitments secured as of filing; non-redemption agreements not guaranteed.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.