Business
Xtreme One Entertainment Lets Retail Investors Get into the Fight Game with a $10 million Common Stock Offering to Accelerate its XFC 3-Year Growth Plan
Xtreme One Entertainment Lets Retail Investors Get into the Fight Game with a $10 million Common Stock Offering to Accelerate its XFC 3-Year Growth Plan.
About this update from Xtreme One Entertainment, Inc.
[{"type":"text","content":"\n DETROIT, Oct. 15, 2024 (GLOBE NEWSWIRE) -- Xtreme One Entertainment, Inc. (OTC Pink: XONI) (the “Company” or “Xtreme One”), parent company of XFC Global Inc., the premier emerging MMA league, today announced the launch of a $10 million common stock capital raise via a Regulation A+ offering, allowing MMA fans to become owners in this dynamic, fast-growing enterprise. The public offering is part of the Company’s strategic growth plan to become the preeminent development league for the next generation of MMA superstars across the globe and follows a series of milestones in 2024 under new leadership. This spans adding key sports, entertainment and media executives to its Board and management team including newest Director Jenny Taft, a Fox Sports broadcaster and entertainment personality; hiring a new accounting firm to complete the Company’s audit and to meet all the compliance requirements for uplisting to the OTC-BB market; and producing three major live and Pay Per View fights with XFC 50, XFC Grand Prix and XFC 51. Interested investors can find more information on the offering and SEC filing on the Company’s website at XtremeOne.com. Until the registration statement becomes effective, the Company is soliciting indications of interest in the offering at Xtremeone.com/Invest-In-The-X. “As we have consistently noted, the Company is executing our aggressive 3-year strategic growth plan to be a scalable and global MMA league that puts fighters first and maintains its focus on the fans. Not only will this capital raise ensure the Company’s future growth, but it allows our incredible fans to become owners of the Company,” commented Jeff Lambert, Chairman of the Xtreme One Board. “We believe this capital raise will allow us to further our momentum as a premier MMA league and enhance our profile with both retail and institutional investors. Investors who participate in this offering will also be able to take advantage of our one-of-a-kind shareholder rewards program as yet another way for Xtreme One and the XFC to connect with MMA fans and turn MMA fans into investors.” “Following our third event of 2024, ‘XFC 51: Evolution’ in Milwaukee in September, we’ve proven our ability to execute high-level productions with top-tier fighters poised...