Ticket Seller Vivid Seats to Go Public Via Todd Boehly’s SPAC

Vivid Seats, a digital ticketing marketplace looking to benefit from the resumption of live performances, agreed to go public via a merger with Horizon Acquisition Corp., a blank-check firm led by Todd Boehly.

The parties expect the combined company to have a market capitalization of about $1.95 billion, they said in a statement Thursday. Bloomberg News reported last month that Vivid Seats was in advanced talks to go public through Horizon.

Todd Boehly

Photographer: Dania Maxwell/Bloomberg

Horizon shares were up 3.1% to $10.10 in premarket trading at 7:32 a.m. in New York.

Vivid Seats’ accommodating policies during the coronavirus pandemic have ...