01/30/2026 | Press release | Distributed by Public on 01/30/2026 15:02
Item 8.01 Other Events
On January 27, 2026, Slam Sponsor, LLC, a Cayman Islands limited liability company (the "Sponsor"), entered into a securities purchase agreement (the "Agreement") with certain members of the Sponsor (the "Sellers"), Digital Investment Strategy, LLC, a Delaware limited partnership (the "Acquiror"), and Slam Corp., a Cayman Islands exempted company (the "Company"), solely with respect to certain provisions of the Agreement, pursuant to which the Sellers agreed to sell to the Acquiror, and the Acquiror agreed to purchase from the Sellers, 100% of the issued and outstanding equity interests of the Sponsor.
The closing of the transactions contemplated by the Agreement is expected to occur no later than March 15, 2026, subject to satisfaction of the conditions set forth in the Agreement. Upon closing, the Sellers will have transferred control of the Sponsor to the Acquiror.
As part of the closing of the transactions contemplated by the Agreement, the current directors and officers of the Company will resign and the Acquiror will appoint new directors and officers to fill the vacancies left by the resignations.