Sports Ventures Acquisition Corp. announced that effective January 7, 2022, the board of directors has approved an increase in the size of the Board from four directors to five directors and elected Kevin Hyman as a member of the Board. The Board determined that Kevin Hyman is an “independent director” as defined in the Nasdaq listing standards and applicable rules of the Securities and Exchange Commission.

In addition, Kevin Hyman was appointed by the Board to serve as a member of the Audit Committee of the Board to replace Alan Kestenbaum to comply with Nasdaq listing rule 5605. Kevin Hyman, 61, has served as the Chief Executive Officer of both Pivotal Post and EPS Cineworks, both premier editing equipment rental businesses, since May 2000. Prior to that, he served as the Head of Physical Production of both Focus Features, a division of Universal Pictures, and Miramax, a film production boutique that used to be owned by the Walt Disney Company, from March 1996 to July 2004.

From 1989 to 1996, he also served as the Production Executive of Film Finances, a film completion bond company, where he supervised the completion bond process from start to finish, including closing the financing transactions, day to day oversight of production, and following through to delivery. Mr. Hyman received his Bachelor of Science degree with a focus on Accounting from University of Southern California.