Sponsor of Slam Corp. (SLMUF) to be sold, triggering full board and officer change

Rhea-AI Filing Summary

Slam Corp. reported that its sponsor, Slam Sponsor, LLC, has agreed to a change in ownership. On January 27, 2026, the sponsor’s members entered into a securities purchase agreement to sell 100% of the sponsor’s equity interests to Digital Investment Strategy, LLC. The closing is expected no later than March 15, 2026, subject to conditions in the agreement. Once the deal closes, control of the sponsor will transfer to the buyer, and all current directors and officers of Slam Corp. will resign, with new directors and officers appointed by the acquiror.

Insights

Corporate governance and SPAC structure analyst

Slam Corp. will see a full sponsor control shift and leadership turnover.

The agreement transfers 100% of the equity interests of Slam Sponsor, LLC to Digital Investment Strategy, LLC. Because the sponsor typically holds founder shares and governance rights, this represents a significant change in who effectively steers Slam Corp.

Upon closing, all current directors and officers will resign and be replaced by acquiror appointees, concentrating influence with the new sponsor owner. The transaction is expected to close by March 15, 2026, subject to conditions in the agreement, so subsequent disclosures will clarify the new leadership team and its plans.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): January 30, 2026 (January 27, 2026)

SLAM CORP.

(Exact name of registrant as specified in its charter)

Cayman Islands		001-40094		98-1211848
(State or other jurisdiction of incorporation)		(Commission File Number)		(I.R.S. Employer Identification No.)

55 Hudson Yards, 47th Floor, Suite C New York, NY		10001
(Address of principal executive offices)		(Zip Code)

(646) 762-8580

Registrant’s telephone number, including area code

Not Applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act: N/A

Title of each class		Trading Symbol(s)		Name of each exchange on which registered
Units, each consisting of one Class A Ordinary Share, $0.0001 par value, and one-fourth of one redeemable warrant		SLMUF		N/A (OTC Expert Market)
Class A Ordinary Shares included as part of the units		SLAMF		N/A (OTC Expert Market)
Redeemable Warrants included as part of the units, each whole warrant exercisable for one Class A Ordinary Share at an exercise price of $11.50		SLMWF		N/A (OTC Expert Market)

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934.

Emerging growth company ☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

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.

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SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Dated: January 30, 2026	Slam Corp.
	By:	/s/ Ryan Bright
	Name:	Ryan Bright
	Title:	Chief Financial Officer

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FAQ

What corporate change did Slam Corp. (SLMUF) disclose in this 8-K?

Slam Corp. disclosed that members of Slam Sponsor, LLC agreed to sell 100% of the sponsor’s equity interests to Digital Investment Strategy, LLC. This transaction will shift control of the sponsor and lead to a full refresh of the company’s directors and officers at closing.

Who is acquiring Slam Corp.’s sponsor and what is being purchased?

Digital Investment Strategy, LLC will acquire 100% of the issued and outstanding equity interests of Slam Sponsor, LLC from certain existing sponsor members. This purchase effectively transfers control of the sponsor, which is closely tied to governance and founder economics in Slam Corp.

When is the Slam Sponsor, LLC ownership transfer expected to close?

The closing of the securities purchase agreement is expected to occur no later than March 15, 2026, subject to satisfaction of the agreement’s conditions. Only after this closing will control of Slam Sponsor, LLC transfer to Digital Investment Strategy, LLC and related leadership changes take effect.

How will Slam Corp.’s leadership change after the sponsor sale closes?

At closing, all current directors and officers of Slam Corp. will resign from their positions. Digital Investment Strategy, LLC, as acquiror of the sponsor, will appoint new directors and officers to fill those vacancies, resulting in a complete change in the company’s leadership team.

Does this 8-K involve Slam Corp. issuing new shares or warrants?

The disclosure focuses on a securities purchase agreement for the equity interests of Slam Sponsor, LLC, not the issuance of new Slam Corp. securities. It describes a change in sponsor ownership and resulting board and management turnover rather than a new share or warrant offering.

What role does Slam Corp. play in the sponsor sale agreement?

Slam Corp., a Cayman Islands exempted company, is a party to the securities purchase agreement solely with respect to certain provisions. The main transaction is between sponsor members and Digital Investment Strategy, LLC, but the company is directly affected through resulting changes in its directors and officers.