Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2022 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File No. 001-40916 SPORTSMAP TECH ACQUISITION CORP. (Exact name of registrant as specified in its charter) (State or other jurisdi ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2022 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File No. 001-40916 SPORTSMAP TECH ACQUISITION CORP. (Exact name of registrant as specified in its charter) (State or other jurisd ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2021 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF For the transition period from to Commission File Number: 001-40916 SPORTSMAP TECH ACQUISITION CORP. (Exact name of registrant as specified in its charter) (State or Other Jurisdiction of Inco ...

IPO Details - The company completed its Initial Public Offering (IPO) on October 21, 2021, raising gross proceeds of $115,250,000 from the sale of 11,500,000 Units at a price of $10.00 per Unit[83]. - Transaction costs associated with the IPO amounted to $2,822,937, which included $2,300,000 in underwriting commissions[83][96]. - The company has engaged an advisor for the Business Combination, agreeing to pay a cash fee of 3.5% of the gross proceeds of the IPO, totaling $4,025,000[97]. Financial Position - As of September 30, 2021, the company had a working capital of $1,463,454, which included $2,150,000 of private placement proceeds receivable from the Sponsor[88]. - As of September 30, 2021, the company had no long-term debt obligations or off-balance sheet arrangements[93][106]. - The company has sufficient working capital to meet its needs through the earlier of the consummation of a Business Combination or one year from the filing date[89]. Business Combination Timeline - The company has 18 months from the closing of the IPO to complete its initial Business Combination, or it will redeem 100% of the outstanding public shares[86]. Financial Performance - The company reported a net loss of approximately $443 from inception (May 14, 2021) through September 30, 2021, with a net loss of $30 for the three months ended September 30, 2021[92]. Future Expenses - The company expects to incur increased expenses due to being a public company, including legal and financial reporting costs[91]. - The company has entered into an administrative services agreement to pay the Sponsor $10,000 per month for various administrative services[94]. Accounting Standards - The company has elected not to opt out of the extended transition period under the JOBS Act, allowing it to adopt new or revised financial accounting standards at the same time as private companies[111]. - As an emerging growth company, the company may face challenges in comparing its financial statements with those of other public companies due to potential differences in accounting standards[111]. - The company is classified as a smaller reporting company and is not required to provide certain market risk disclosures[112].