Core Insights - Mixed Martial Arts Group Limited (MMA) has secured a non-dilutive and unsecured $2,000,000 Revolving Loan Agreement with an interest rate of 14% per annum, maturing in 12 months, which will enhance its working capital and support operations [2][4] - The company has undergone a board restructuring, with the resignation of directors Hugh Williams and Jonathan Hart, and the appointment of Richard Paolone, Eric Corbett, and Angel Liriano, aimed at bringing fresh perspectives and leadership [3][4][7] - MMA operates four core business units focused on increasing participation and engagement in combat sports, boasting over 5 million social media followers, 530,000 user profiles, 50,000 active students, and 800 verified gyms across 16 countries [5][8] Business Units - TrainAlta: A platform designed to engage MMA fans through structured training programs [8] - Hype: A marketing platform that assists gym owners, coaches, and athletes in revenue growth [8] - MixedMartialArts.com: A comprehensive resource for MMA news, fighter data, and fight schedules [8] - BJJLink: A gym management platform tailored for BJJ academies, offering various operational tools [8]
Mixed Martial Arts Group Limited Secures $2 Million Non-Dilutive Financing