The world’s largest MMA promotion, UFC, may go to the public later this year and launch its IPO. An article published by Sportico cited information provided by two sources who requested anonymity. The sports newsletter revealed that UFC’s parent organization, Endeavor Group Holdings, has filed classified IPO papers with the SEC. Details of the draft prospectus, such as the required market value, size and price of shares, are not known. Endeavor hasn’t made an official announcement about the move yet, and the launch of the initial public offering will be a milestone for UFC after record sales of $ 4.02 billion in 2016, so here’s everything you need to know about the company’s initial public offering. UFC IPOSilver Lake Partners, Kohlberg Kravis Roberts and MSD Capital, led by WME IMG, are the primary UFC owners. Starting August 18, 2021, any of the three owners can exercise the right to petition the UFC for an IPO. However, the UFC IPO can only be launched after the Endeavor IPO, as of August 18 this year, any of the three primary owners of the UFC can exercise the right to request the company for an IPO. It will be interesting to see if any of them are exercising this right and we end up with the UFC IPO soon after Endeavor’s IPO. – John S. Nash (@heynottheface) March 18, 2021 UFC IPO is actually the initial public offering of the parent company that owns several other companies apart from promotion, is estimated to have annual revenues of over $ 3 billion, parent company of UFC Endeavor Group Holdings It is a global entertainment conglomerate. They also own talent companies like IMG and Willian Morris and produce movies and events like Miss Universe. The securities filed with the SEC are for the public offering of Endeavor shares and not the UFC. Endeavor first sought an IPO in 2019, Endeavor Group first sought to launch an IPO in 2019. More than 25 percent of Endeavor’s value comes from its ownership of UFC according to Forbes, although MMA is no longer considered a taboo However, it has not yet become a mainstream sport. This raised concerns among investors about Endeavor’s growth prospects, and the conglomerate later withdrew the initial public offering in September 2019 due to these concerns and a weak market. Posted on March 19, 2021, 06:37 IST Log in / Sign up to reply.
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