Xtreme One Entertainment Adds Football to its Sports Platform, Announces Letter of Intent to Acquire The 7on7 Association
Globenewswire·2025-11-06 15:39

Core Insights - Xtreme One Entertainment, Inc. has signed a Letter of Intent to acquire The 7on7 Association, a rapidly growing youth football league, marking a significant step in its multi-sport expansion strategy [1][2] Company Strategy - The acquisition is part of Xtreme One's strategy to leverage synergies in live sports, media monetization, and digital fan engagement, aiming to create a next-generation entertainment ecosystem [2] - The company plans to enhance its event operations, media distribution, and sponsorship capabilities through strategic mergers and acquisitions [2][9] The 7on7 Association Overview - The 7on7 Association is a premier non-contact football league that focuses on speed, strategy, and skill development, hosting 19 tournaments mainly on the West Coast and three elite showcases in various locations, including Hamburg, Germany [4] - The organization will launch a Girls Flag Football Circuit in 2026, tapping into the sport's growing popularity and its inclusion in the 2028 Summer Olympics [5] Growth Potential - The acquisition is expected to unlock new audiences, markets, and opportunities for athletes, enhancing production capacity and sponsor access [4][5] - Xtreme One aims to capitalize on the explosive growth and media potential of the 7on7 format, which is seen as a major development in pre-professional sports in the U.S. [6] Financial Strategy - Xtreme One has recently approved an expansion plan that includes a $25 million Tier 2 Regulation A stock offering to fund acquisitions and media production [8] - The company emphasizes margin expansion, brand diversification, and long-term shareholder value creation through this acquisition [8][9]