astralis group ipo

teams. This announcement does not constitute an offering circular. Blast has announced the intention to launch an updated format from the 2020 season. Any securities referred to herein have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”), and may not be offered or sold in the United States absent registration or an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act. The consistent results and high rankings by Astralis Group’s teams is secured through the unique performance model, which is applied to all teams and players to significantly enhance and stabilise their performance. For 2021, the group estimates revenues of $12.7M – $14.9M and a positive EBITDA of $0 – $596K. Astralis Group’s commercial partnership contracts are typically of two to three years in length. Astralis Group builds high performing teams, global brands, engaging media channels and solid, innovative commercial partnerships. sponsor them, including databases of deals, decision makers and activations. SportBusiness has a strict internal policy governing the collection, analysis and cleansing of data. In July, hundreds of thousands of fans went online to watch the 16-year-old win the Fortnite World Cup final in New York. Adds subscription deadline in 8th paragraph. Astralis Group A/S: Astralis Group publishes prospectus for its IPO in Copenhagen

The latest news and insight from our London based team, The latest news and insight from our New York based team, The latest news and insight from our Singapore based team, The key themes for clubs, leagues, federations & governing bodies worldwide, Our coverage on the impact to the global sports industry, How brands and rights holders are commercialising sport, The latest from broadcasters, agencies and rights holders, The latest from European and world soccer, The latest from the NBA and world basketball, The latest from the IPL and world cricket. The company will be led by CEOs Nikolaj Nyholm, a Danish tech entrepreneur and one of the founders of Astralis; and. The company first acquired 1.5% from former Astralis Management Group advisor Jason Yeh on Aug. 8, before securing the remaining 98.5% from BLAST ApS (formerly RFRSH ApS). Super League Gaming, a gaming-centric event planning company, went public with a $25 million IPO in February. Superstars like Kyle “Bugha” Giersdorf have brought winning potential into the view of broader audiences. As of the date of the prospectus, the following shareholders have an ownership stake or voting rights of minimum 5% immediately before the offering: The Company’s board of directors is comprised of Jette Nygaard-Andersen, Christian Swane Mourier, and Claus Zibrandtsen.

The company anticipates this percentage to grow significantly as esports leagues and tournaments start collecting ever-larger media rights for their live entertainment properties. that The competition is open to anyone who downloads the free game which is played on mobile devices, The Global Esports Federation has added the World Karate Federation, the International Modern Pentathlon Union (UIPM), and the International Canoe Federation as members, The Global Esports Federation, which launched in Singapore last December, is bidding to play a global leadership role in the development of esports and is founded on the ideas of "credibility, legitimacy…. Business-critical analysis and data for sponsorship executives. Denmark-based Astralis, which competes in titles such as Counter-Strike: Global Offensive, League of Legends and EA Sports’ FIFA series, is set to launch the IPO on Nasdaq’s Copenhagen exchange on December 9.. Source: Astralis Group Denmark’s Astralis is set to become the first esports team to go public in a bid to cement its status in a $1.1 billion global market that’s more than Astralis Group issued of a total number of ~57M shares of which 29.53% were sold in the offering, while 70.47% of shares remained with existing shareholders of which founders Nikolaj Nyholm (via Beatnik ApS) owning 26.16% and Jakob Lund Kristensen (via JLK Holding ApS) at 14.09% are the largest shareholders. The company still owes additional installments for Origen’s membership in the LEC. It now sits at $2.47 per share as of November 29, 2019.

Strategic and commercial advice based on data-driven Essential insight, analysis and opinion on the key issues and themes shaping the business of sport. But the CEO, who has a background as a venture capitalist, says he understands why some might be hesitant to invest in a new area with only limited historical data to draw on. Following the acquisition of Astralis Group Management by Astralis Group, the company proposed to merge Astralis Group and Astralis Group Management in 2020 to simplify the corporate structure. Application has been made for the Shares to be admitted to trading on Nasdaq First North Growth Market Denmark under the symbol “ASTGRP”. Revenues in the esports industry are generated from viewers through sponsorships, merchandise, and media rights, and are, according to figures from NewZoo, expected to grow by 20% p.a.

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