Core Viewpoint - Mixed Martial Arts Group Limited (MMA) successfully closed a public offering of 6,578,948 ordinary shares at a price of $0.76 per share, raising approximately $5.0 million in gross proceeds before expenses [1][2]. Group 1: Offering Details - The offering was conducted under a registration statement declared effective by the SEC on June 12, 2025, and was made via a written prospectus [3]. - WestPark Capital, Inc. served as the Sole Book-Runner for the offering [2]. Group 2: Use of Proceeds - The net proceeds from the offering will be allocated towards product development, marketing and advertising, scaling sales efforts, and general working capital [2]. Group 3: Company Overview - MMA operates four core business units and has a significant online presence with over 5 million social media followers, 530,000 user profiles, 50,000 active students, and 800 verified gyms across 16 countries [5].
Mixed Martial Arts Group Limited Announces Closing of $5.0 Million Underwritten Offering