Mixed Martial Arts Group Limited announces a $5 million public offering of shares for growth and operational funding.
Quiver AI Summary
Mixed Martial Arts Group Limited (MMA) announced the pricing of an underwritten public offering of 6,578,948 ordinary shares at $0.76 per share, aiming to raise approximately $5.0 million before expenses. The offering is set to close on June 18, 2025, pending customary conditions, and the net proceeds will be used for various purposes including product development, marketing, and general corporate needs. WestPark Capital, Inc. is acting as the sole book-runner for the offering. MMA, which operates multiple platforms to enhance engagement in the combat sports industry, emphasizes its commitment to transforming martial arts participation through its services. The securities are offered under a registration statement filed with the SEC, and the press release includes a caution about forward-looking statements concerning future performance and risks.
Potential Positives
- The company is raising approximately $5.0 million through a public offering, which can significantly contribute to its cash reserves.
- The net proceeds from the offering are earmarked for product development, marketing, and scaling sales efforts, indicating a focus on growth and expansion.
- The firm commitment basis of the offering suggests strong investor confidence in the company's potential and future operations.
- The effective registration statement by the SEC indicates compliance with regulatory requirements, which can enhance credibility with investors and stakeholders.
Potential Negatives
- The pricing of the public offering at $0.76 per share indicates a potentially low valuation for the company, which may concern investors about its growth prospects.
- The need for capital through a public offering may suggest that the company is under financial pressure or lacks sufficient operational cash flow to sustain its growth, which could negatively impact investor confidence.
- Investors are cautioned that actual revenue may vary significantly due to factors such as participant churn and cancellations, highlighting a level of operational risk that could deter potential investment.
FAQ
What is the price of MMA's recent public offering?
The public offering price of MMA's recent offering is $0.76 per share.
How many shares are being offered in MMA's public offering?
MMA is offering 6,578,948 ordinary shares in the public offering.
What are the intended uses of the proceeds from the offering?
MMA intends to use the proceeds for product development, marketing, and general working capital.
When is the closing date for the MMA offering?
The offering is expected to close on June 18, 2025, pending customary closing conditions.
Who acted as the sole book-runner for MMA's offering?
WestPark Capital, Inc. served as the Sole Book-Runner for the offering.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$MMA Hedge Fund Activity
We have seen 3 institutional investors add shares of $MMA stock to their portfolio, and 1 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- UBS GROUP AG added 48,264 shares (+344.3%) to their portfolio in Q1 2025, for an estimated $41,024
- CITADEL ADVISORS LLC added 10,525 shares (+inf%) to their portfolio in Q1 2025, for an estimated $8,946
- WELLS FARGO & COMPANY/MN added 5,000 shares (+inf%) to their portfolio in Q1 2025, for an estimated $4,250
- MORGAN STANLEY removed 1,015 shares (-100.0%) from their portfolio in Q1 2025, for an estimated $862
- LPL FINANCIAL LLC added 0 shares (+0.0%) to their portfolio in Q1 2025, for an estimated $0
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
New York, NY, June 17, 2025 (GLOBE NEWSWIRE) -- Mixed Martial Arts Group Limited (NYSE American: MMA) (“MMA” or the “Company”), announced today the pricing of an underwritten public offering of 6,578,948 ordinary shares (or pre-funded warrants to purchase ordinary shares in lieu thereof) at a public offering price of $0.76 per share (the “Offering”). The aggregate gross proceeds to MMA from the Offering are expected to be approximately $5.0 million, before deducting underwriting discounts and commissions and other estimated offering expenses payable by MMA. The Offering is expected to close on June 18, 2025, subject to the satisfaction of customary closing conditions.
MMA intends to use the net proceeds from the Offering for product development, marketing and advertising expenses, scaling up its sales efforts, and for general working capital and corporate purposes.
The Offering is being conducted on a firm commitment basis. WestPark Capital, Inc. acted as the Sole Book-Runner in connection with the Offering.
The securities described above are being offered pursuant to a registration statement on Form F-1 (File No. 333-287694), which was declared effective by the Securities and Exchange Commission (the “SEC”) on June 12, 2025. The Offering is being made only by means of a written prospectus that forms a part of the registration statement. A final prospectus relating to the Offering will be filed with the SEC. When available, copies of the final prospectus relating to the Offering may be obtained from WestPark Capital, Inc., 1800 Century Park East, Suite 220, Los Angeles, CA 90077, tel: 310-203-2919, e-mail: [email protected] and will be available on the SEC’s website.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or other jurisdiction.
About Mixed Martial Arts Group Limited
MMA.INC (Mixed Martial Arts Group Limited) is revolutionizing the combat sports industry by driving participation and engagement across fans, athletes, coaches, and gym owners. The company operates four core business units:
- TrainAlta: A platform that transforms MMA fans into active participants through structured training programs.
- Hype: A marketing platform helping gym owners, coaches, and athletes grow revenue from their audiences.
- MixedMartialArts.com: The go-to resource for MMA news, fighter data, fight schedules, and the legendary Underground forum.
- BJJLink: A leading gym management platform designed for BJJ academies, offering tools for payment processing, marketing, student engagement, and content monetization.
With over 5 million social media followers, 530,000 user profiles, 50,000 active students, 18,000 published gyms and 800 verified gyms across 16 countries, MMA.inc continues to transform the martial arts landscape and deliver unparalleled value to its stakeholders.
For more information, visit www.mma.inc or follow us on social media:
- Facebook: TrainAlta
- Instagram: @TrainAlta
- X: @AltaGlobalGroup
- LinkedIn: MMA.inc
Safe Harbor Statement
This press release may include forward-looking statements. Any statements contained herein regarding the closing of the Offering, our strategy, future operations, financial position, future revenues, projected costs, prospects, plans and objectives of management, other than statements of historical facts, are forward-looking statements. The forward-looking statements included herein include or may include, but are not limited to, statements that are predictive in nature, depend upon or refer to future events or conditions, or use or contain words, terms, phrases, or expressions such as “achieve,” “forecast,” “plan,” “propose,” “strategy,” “envision,” “hope,” “will,” “continue,” “potential,” “expect,” “believe,” “anticipate,” “project,” “estimate,” “predict,” “intend,” “should,” “could,” “may,” “might,” or similar words, terms, phrases, or expressions or the negative of any of these terms. Any statements contained in this press release that are not based upon historical fact are based on current expectations, estimates, projections, opinions and/or beliefs of the Company. Such statements are not facts and involve known and unknown risks, uncertainties, and other factors. Prospective investors should not rely on these statements as if they were facts. Actual revenue may vary to current sales due to factors such as participant churn, cancellations, and changes in payment schedules, membership terms or pricing changes. Any references to verified gyms, partner gyms, user profiles refer to a profile that has been claimed or created across the MMA.inc platform, which includes TrainAlta.com, BJJ Link, Hype, MixedMartialArts.com and Steppen. Forward-looking statements involve a number of known and unknown risks and uncertainties, including, but not limited to, those discussed in the “Risk Factors” section of the Form 20-F for the fiscal year ended June 30, 2024 filed with the SEC and in the prospectus for the Offering. Given the risks and uncertainties, readers should not place undue reliance on any forward-looking statement and should recognize that the statements are predictions of future results which may not occur as anticipated. New risk factors emerge from time to time, and it is not possible for management to predict all such risk factors, nor can it assess the impact of all such factors on the Company’s business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements. You should carefully read the factors described in the “Risk Factors” section of the Form 20-F for the fiscal year ended June 30, 2024 filed with the SEC and in the prospectus for the Offering to better understand the risks and uncertainties inherent in our business and industry, and any underlying forward-looking statements. Except where required by law, the Company assumes no obligation to update, withdraw or revise any forward-looking statements to reflect actual results or changes in factors or assumptions affecting such forward-looking statements.
Media Contacts
Mixed Martial Arts Group Limited
E:
[email protected]