SINGAPORE, Dec. 11, 2025 (GLOBE NEWSWIRE) -- FAST TRACK GROUP (NASDAQ: FTRK) (“Fast Track” or the “Company”), a leading entertainment-focused event management and celebrity agency company, today announced a strategic partnership with CloudX Entertainment (“CloudX”), a next-generation hybrid talent management and creative agency. The partnership amplifies opportunities available to brands through celebrity and influencer partnerships and content creator campaigns across travel, sports, and entertainment. Clo ...

Core Points - Dreamland Limited has entered into an Equity Purchase Agreement with Hudson Global Ventures for $18 million, allowing the company to sell ordinary shares at its discretion over the next 24 months [1][2] - The agreement includes the issuance of 736,018 ordinary shares to the investor as part of the consideration [2] - A Registration Rights Agreement was also established, requiring the company to submit a registration statement to the SEC for the resale of the shares involved in the Equity Purchase Agreement [4] Group 1 - The Equity Purchase Agreement allows Dreamland to sell up to $18 million worth of shares to the investor, with the investor obligated to purchase [2][6] - The company will issue 736,018 Commitment Shares to the investor as part of the agreement [2] - The Registration Rights Agreement mandates the company to file a registration statement with the SEC for the resale of the Commitment Shares and Put Shares [4][5] Group 2 - Dreamland Limited specializes in event management services, focusing on organizing and managing themed events for IP owners of animated and live-action characters [7] - The agreements contain customary representations and warranties, establishing the legal relationship between the company and the investor [6]

Core Viewpoint - Dreamland Limited has received a notification from Nasdaq regarding non-compliance with the minimum bid price requirement for its Class A Ordinary Shares, which have been trading below $1.00 for 30 consecutive business days [1][2]. Group 1: Compliance Notification - The notification from Nasdaq indicates that Dreamland has until May 26, 2026, to regain compliance by maintaining a closing bid price of at least $1.00 per share for ten consecutive business days [2]. - The notice does not have an immediate effect on the trading of the Company's shares, which will continue to be listed under the symbol "TDIC" [3]. Group 2: Company Actions - The Company plans to monitor the closing bid price of its shares and may consider options such as a reverse stock split to regain compliance with the minimum bid price requirement [3]. Group 3: Company Overview - Dreamland Limited specializes in event management services, assisting organizers in planning, promoting, and managing themed tour walk-through experience events for IP owners of animated characters and live-action films [4].

Summary of Liberty Media's 2025 Investor Day Company Overview - **Company**: Liberty Media Corporation - **Key Focus**: Formula One Group and MotoGP - **Event**: 2025 Investor Day held in Las Vegas Key Points and Arguments Liberty Media's Strategic Direction - Liberty Media is transitioning to a standalone asset-backed security model, enhancing the value of both Formula One and MotoGP [8][25] - The company has undergone significant structural simplification, including the spin-off of Liberty Live [8][25] - Leadership changes include the transition of John Malone to Chairman Emeritus and Greg Maffei becoming Chairman [9] Financial Performance - Formula One's revenue increased by 9% year-to-date, with adjusted EBITDA up 15% [42] - Future revenue under contract for Formula One is nearly $16 billion, representing a 14% CAGR since 2022 [33] - MotoGP has seen a record attendance of over 3.5 million fans, a significant increase from 3 million in 2024 [61] Growth in Fan Engagement - Formula One has grown its fan base to over 830 million, a 60% increase since 2018 [15] - The F1 movie grossed over $600 million, contributing to fan growth and engagement [20] - Social media following for F1 has reached 111 million, with a nearly 20% increase driven by platforms like YouTube and TikTok [44] Sponsorship and Media Rights - F1 has secured significant sponsorship deals, including a historic partnership with LVMH [49] - The U.S. media rights deal with Apple is expected to enhance audience reach and engagement [47] - F1 has 26 global and official partners, more than doubling from 11 in 2020 [50] Competitive Landscape and Future Prospects - Major automotive manufacturers like Audi, Ford, and Cadillac are entering F1, indicating strong market interest [43] - The new Concorde Agreement is expected to provide stability and growth for the sport through 2030 [11] - MotoGP is leveraging lessons from F1 to close the monetization gap and expand its fan base [22] Sustainability Initiatives - F1 aims to achieve net zero carbon emissions by 2030, with a 26% reduction in emissions already achieved [56] - The focus on sustainability is becoming integral to F1's operations and partnerships [56] Market Expansion - F1 is focusing on under-monetized Asian markets, with China showing significant growth potential [54][55] - The return of Brazil to the MotoGP calendar is expected to enhance engagement in South America [62] Additional Important Insights - The attendance at F1 events is reaching record levels, with many events sold out [12][17] - The company is investing in enhancing the fan experience through digital content and new hospitality offerings [19][51] - The financial outlook for both Formula One and MotoGP remains strong, with a focus on organic growth and free cash flow generation [33][31] This summary encapsulates the key insights and strategic directions discussed during Liberty Media's 2025 Investor Day, highlighting the company's focus on growth, fan engagement, and sustainability in the motorsports industry.

Core Insights - Bank of America has entered a multi-year partnership with Great Ethiopian Run, starting in 2026, to enhance the global profile of the flagship race and expand access to running opportunities for children [1][2][3] - The partnership aims to significantly increase participation in the Great Ethiopian Run International 10km event, with the upcoming 25th anniversary race expected to attract around 50,000 participants [2][3] - The collaboration will leverage Bank of America's global resources to modernize race operations and enhance the runner experience, ensuring the long-term sustainability of the event [6][4] Partnership Goals - The partnership focuses on promoting three major running events: the Great Ethiopian Run International 10km, Children's Races, and the Women First 5km starting in 2027 [1][2] - A central goal is to broaden access to running for children and young people, fostering local talent and promoting a healthy lifestyle [2][3] Economic Impact - Great Ethiopian Run contributes significantly to Addis Ababa's tourism and infrastructure, attracting thousands of international visitors and stimulating local businesses [3][4] - The partnership is expected to create jobs, boost local enterprises, and provide economic advantages for communities in and around Addis Ababa [3][4] Bank of America's Commitment - Bank of America aims to support communities through sport, aligning with its broader business strategy across EMEA and Sub-Saharan Africa [5][6] - The bank's involvement in endurance sports includes sponsorship of major events like the Boston and Chicago Marathons, which generate substantial economic impact and charitable contributions [4][7] Organizational Background - Great Ethiopian Run is Ethiopia's premier event management company, having organized over 200 races since its inception in 2001, focusing on mass-participation events [8] - Bank of America is a leading financial institution with a global presence, serving a wide range of clients and offering various financial products and services [9]

Core Insights - Fast Track Group has successfully completed a brand activation project for Dongfeng Singapore, collaborating with celebrity Jessica Jung to promote the Dongfeng 007 electric vehicle [1][2][4] Company Overview - Fast Track Group is an entertainment-focused event management and celebrity agency established in Singapore in 2012, with a reputation for being a preferred partner for event and endorsement organizers across the Asia Pacific region [5] Project Details - The brand activation campaign for Dongfeng Singapore involved a strategic partnership with Jessica Jung, chosen for her alignment with the vehicle's innovative and luxurious image [2][4] - The campaign included a public unveiling event at Singapore's Funan Mall in October 2025, which was designed to engage local consumers and regional fans [3] - Following the unveiling, Fast Track coordinated media engagements for Jessica, including interviews with lifestyle and entertainment journalists to enhance the campaign's visibility [3] Strategic Approach - Fast Track Group emphasizes building strong relationships with South Korean celebrities to engage targeted audiences authentically and memorably [4] - The company aims to elevate brand visibility and create long-term value for clients through tailored experiences supported by strategically selected celebrity talent [4]

Core Insights - Fast Track Group has successfully completed a three-part brand activation project for Serba Wangi, a Malaysian rice miller, focusing on the launch of new wholegrain rice puff flavors [1][2] Group 1: Brand Activation Campaign - The campaign included the launch of three new flavors: Truffle, Himalayan Salt, and Musang King Durian, aimed at engaging a younger demographic [2] - Fast Track partnered with major South Korean entertainment agencies to enhance the marketing impact by featuring popular celebrities [2][6] - Each flavor launch was accompanied by dedicated fan engagement events headlined by well-known K-pop talents, ensuring significant regional attention [2][6] Group 2: Event Highlights - The Truffle flavor launch featured the South Korean boy band TREASURE, enhancing brand visibility through celebrity engagement [3] - The Himalayan Salt flavor was promoted by artist MINNIE from the girl group i-dle, showcasing the collaboration with Cube Entertainment [4] - The Musang King Durian flavor launch was headlined by actor HWANG IN YOUP, in partnership with KN Studio, completing the brand activation series [5] Group 3: Company Overview - Fast Track Group, established in Singapore in 2012, has expanded its operations across the Asia Pacific region, becoming a preferred partner for event and endorsement organizers [7] - The company offers a range of services beyond traditional event management, including media planning, PR management, and celebrity engagement consultancy [7]

Core Insights - Ambitions Enterprise Management Co. L.L.C has successfully completed its first major international project at the 18th World Chinese Entrepreneurs Convention (WCEC) in Macau, marking a significant milestone following its NASDAQ listing in October 2025 [1][2][3] - The event management was executed by its subsidiary, Multiple Events L.L.C, showcasing the company's capabilities in planning, design, coordination, and on-site execution on a global stage [2][3] Company Overview - Ambitions is a UAE-based provider of MICE (meetings, incentives, conferences, and exhibitions) and tourism services, serving a global client base with expert event management and travel solutions [3] - The company is supported by an experienced management team and partnerships across various regions, including the Middle East, Europe, Africa, and the Americas, enabling it to execute large-scale events and bespoke travel experiences [3]

Financial Data and Key Metrics Changes - Total revenue for Q3 2025 was $77.5 million, up from $72.6 million in Q3 2024, reflecting a year-over-year increase of 12.6% [14] - Reported organic revenue decreased by 6.8% year-over-year, primarily due to construction impacts at the Las Vegas Convention Center [14][15] - Year-to-date total revenue reached $330.7 million, a 13.3% increase compared to the previous year, driven by acquisitions and higher organic revenues [15] - Adjusted EBITDA for Q3 was $12.8 million, a 2.4% increase from $12.5 million in the prior year [16] - Year-to-date adjusted EBITDA totaled $90.8 million, up 32.4% from $68.6 million in the prior year [16] Business Line Data and Key Metrics Changes - The acquisition of Generis expanded Emerald's portfolio into high-growth sectors, enhancing resilience across market cycles [5][11] - Generis did not contribute revenue in Q3 2025, but the acquisition is expected to positively impact future revenue [15][37] Market Data and Key Metrics Changes - International exhibitors accounted for approximately 10% of total revenue, with growth observed in markets such as Italy, Germany, the UAE, and Brazil [8][9] - The company anticipates a more constructive environment heading into 2026 as trade conditions stabilize [9] Company Strategy and Development Direction - The company is focused on diversifying its portfolio into higher growth sectors and optimizing its operations through strategic acquisitions [11][51] - Continued investment in technology, including an AI-powered event agent, aims to enhance customer experience and operational efficiency [9][44] - The company is committed to disciplined capital deployment across M&A, organic growth, and shareholder returns [21] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in meeting full-year commitments and building momentum into 2026 despite ongoing economic pressures [13][57] - The construction at the Las Vegas Convention Center has impacted customer experience, but completion is expected by the end of the year, improving future event structures [27][42] Other Important Information - The company repurchased approximately 116,000 shares at an average price of $4.87 per share, with a total of 17 million shares repurchased since the program's inception [21] - A quarterly dividend of $0.015 per share was declared, reflecting the company's commitment to returning value to shareholders [22] Q&A Session Summary Question: Impact of tariffs and construction on financial results - The $6 million impact mentioned includes both tariff and construction effects, with construction being the more significant factor affecting customer experience [25][26] Question: Future trade environment and tariff impacts - The company anticipates a more normalized environment next year, with manageable impacts from tariffs as international sales efforts continue to expand [30][31] Question: Guidance without Generis acquisition - Excluding Generis, the company remains within the lower half of its guidance range for revenue, with more mid-range expectations for EBITDA [34][35] Question: AI-powered event agent functionality - The AI tool simplifies attendee interactions by providing answers throughout the customer journey, enhancing overall satisfaction [44][45] Question: M&A environment and valuations - The company sees a strong pipeline for M&A opportunities, with no significant changes in valuations compared to the past [50][51]

Core Insights - Nextech3D.ai is launching a blockchain ticketing platform that integrates ticketing, payments, identity, and AR/AI navigation [1] - The rollout consists of two phases, with a "walletless" custodial solution set for Q4 2025 and a self-custody option targeted for early 2026 [1] Company Developments - The company is positioned as an AI-powered event management firm, indicating a focus on leveraging technology to enhance event experiences [1] - The blockchain ticketing roadmap is a strategic move to unify various aspects of event management, potentially increasing efficiency and user engagement [1] Industry Trends - The integration of blockchain technology in ticketing reflects a growing trend in the industry towards enhanced security and user control over ticket transactions [1] - The emphasis on AR/AI navigation suggests a shift towards more interactive and immersive event experiences, aligning with broader technological advancements in the event management sector [1]