Sportradar Group AG Files Registration Statement for Proposed Initial Public Offering
Sportradar Group AG (“Sportradar”), a leading global provider of sports betting and sports entertainment products and services, and the number one provider of business-to-business (“B2B”) solutions to the global sports betting industry based on revenue, announced today it has publicly filed a registration statement on Form F-1 with the Securities and Exchange Commission (the “SEC”) relating to the proposed initial public offering of its ordinary shares. The number of shares to be offered and the price range for the offering have not yet been determined. Sportradar intends to list its common stock on the Nasdaq Global Select Market under the ticker symbol “SRAD.”
J.P. Morgan, Morgan Stanley, Citigroup and UBS Investment Bank will act as lead book-running managers for the proposed offering, with BofA Securities, Deutsche Bank Securities, Jefferies and Canaccord Genuity acting as additional joint book-running managers. Needham & Company, Benchmark Company, Craig-Hallum, Siebert Williams Shank and Telsey Advisory Group will act as co-managers for the proposed offering.
The offering will be made only by means of a prospectus. Copies of the preliminary prospectus related to the offering may be obtained, when available, from:
J.P. Morgan Securities LLC
c/o Broadridge Financial Solutions
1155 Long Island Avenue
Edgewood, NY 11717
Telephone: (866) 803-9204
Morgan Stanley & Co. LLC
Attn: Prospectus Department
180 Varick Street, 2nd Floor
New York, NY 10014
A registration statement relating to the proposed sale of these securities has been filed with the SEC but has not yet become effective. These securities may not be sold, nor may offers to buy be accepted, prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
Sportradar is a leading global provider of sports betting and sports entertainment products and services. Established in 2001, the company is well-positioned at the intersection of the sports, media and betting industries, providing sports federations, news media, consumer platforms and sports betting operators with a range of solutions to help grow their business. Sportradar employs more than 2,300 full time employees across 19 countries around the world. It is our commitment to excellent service, quality and reliability that makes us the trusted partner of more than 1,600 customers in over 120 countries and an official partner of the NBA, NHL, MLB, NASCAR, FIFA and UEFA. We cover more than 750,000 events annually across 83 sports. With deep industry relationships, Sportradar is not just redefining the sports fan experience; it also safeguards the sports themselves through its Integrity Services division and advocacy for an integrity-driven environment for all involved.
To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.
About Business Wire
(c) 2018 Business Wire, Inc., All rights reserved.
Business Wire, a Berkshire Hathaway company, is the global leader in multiplatform press release distribution.
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
XY Labs / XYO Network Announces Record Profits for the First Half of 2021 With 2x Growth29.9.2021 01:56:00 CEST | Press release
The XYO Network (Coinbase: $XYO), the geospatial blockchain network, announced today a recent record 2x growth as well as profitability for the first half of 2021. XY Labs generated net income of $3,841,615 in the first half of 2021 through a plethora of disclosed and undisclosed partnerships vs a loss of $1,967,793 in the first half of 2020. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210928006178/en/ XYO stated that the number of nodes for the XYO Network had doubled in size over the last three months, noting a promising outlook for the remaining 2021 year and emphasizing a strong recovery from the global lull caused by COVID-19. The company’s announcement shines a light on the constant financial struggle for many crypto-projects, whose main assets like crypto tokens and currencies experience extreme volatility on the decentralized exchanges they trade on. Arie Trouw, one of the project’s founders and CEO of the parent
Spotahome Partners With Homeppl to Offer Tenant Guarantee Solution to Its Landlords Following Rise in Demand for Medium-term Lets29.9.2021 00:01:00 CEST | Press release
Spotahome, the Spanish-based residential platform which manages 200,000 properties in 29 different countries across Europe, has signed an agreement with UK-based tenant due diligence and guarantee firm Homeppl to provide its landlords with a tenant referencing and guarantor service for its medium and long-term lets. With the world opening-up and embracing a post-pandemic life, demand for both medium and long-term rentals has tripled, so being able to approve tenants quickly is imperative. But the risk of tenant fraud remains high, so it is vital that landlords have secure tenant referencing systems in place. Homeppl’s solution combines fraud detection tests, behavioural analysis and financial algorithms, as well as Open Banking data, to assess the true transactional ability of consumers from all over Europe. It has a 0% default rate, and Homeppl is so confident in its referencing solution that it also offers guarantid - a service where it acts as a guarantor for tenants it approves - g
Lunaphore Spatial Biology Technologies to be Featured at Spatial Biology US Conference28.9.2021 21:00:00 CEST | Press release
Lunaphore, a Swiss life sciences company developing technology to enable spatial biology in every laboratory, today announced several presentations featuring the company’s spatial biology technologies at the Spatial Biology US conference taking place virtually September 27 – 30, 2021. Presentations will feature COMET™, Lunaphore’s all-in-one staining and imaging platform for high throughput, hyperplex immunofluorescence, and LabSat®, the company’s compact and open automated tissue staining instrument for immunohistochemistry and multiplex immunofluorescence. PRESENTATION DETAILS How to Optimize a Hyper-Plex Immunostaining Panel in a Fast and Robust Manner Date and time: September 29, 2021 / 4:30 – 5:00 PM ET Speaker: Saska Brajkovic, Head of Application Development, Lunaphore Spatial Proteomics: A Journey to Adopt New Highly Multiplexed Immunohistochemistry Technologies1 Date and time: September 29, 2021 / 2:20 – 2:40 PM ET Speaker: Alexander Klimowicz, Senior Principal Scientist, Boeh
Andersen Global Expands Footprint in Asia; Adds Presence in Four Countries28.9.2021 20:48:00 CEST | Press release
Andersen Global extends its global platform’s eastern coverage through a Collaboration Agreement with tax advisory firm BoardRoom Business Solutions Pte. Ltd., adding 14 locations across Singapore, Malaysia, China and Hong Kong. Founded in 1968, BoardRoom offers a full suite of tax, finance, payroll and corporate secretarial services, providing business solutions and corporate advisory to clients including Fortune 500 multinationals, public companies and privately-owned enterprises. The firm is led by Group CEO Kim Teo and Managing Director of BBS Chester Leong, and operates with 19 Partners and over 800 professionals. “We are pleased to be collaborating with like-minded professionals who invest in their people and promote stewardship to ensure clients receive best-in-class solutions,” Kim said. “Our combined expertise and synergy afford us the opportunity to deliver integrated, independent services in a seamless manner globally.” “BoardRoom provides broad coverage and establishes a st
SKEMA and EADA Create a Double-Degree BBA in Barcelona28.9.2021 19:46:00 CEST | Press release
SKEMA Business School and EADA Business School have signed an agreement to launch a new joint double-degree BBA programme "SKEMA X EADA Global BBA" in Barcelona, where EADA operates. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210928006004/en/ Official signing of the partnership between SKEMA and EADA on 20 September 2021 from SKEMA Business School’s Grand Paris Campus. From left to right: Patrice Houdayer, Director of Programmes, International and Student Life, Koke Pursals, Chairman of the Board of Directors of the EADA Foundation, Alice Guilhon, SKEMA’s Dean & Executive President, and Jordi Diaz, EADA’s Dean. (Photo: Business Wire) Through this alliance, SKEMA intends to develop a new European base from EADA's Barcelona campus. EADA will benefit from the presence of SKEMA’s campuses in five continents. At the same time, the two schools also aim to open this new four-year post-baccalaureate programme to candidates from
Zayed Sustainability Prize Announces 30 Finalists During Jury Meeting28.9.2021 19:42:00 CEST | Press release
The Zayed Sustainability Prize, the UAE’s pioneering award for recognising sustainable solutions and humanitarianism, held its Jury meeting to elect winners for its current 2022 cycle, who will be announced during the Prize’s Awards Ceremony at the 2022 Abu Dhabi Sustainability Week (ADSW), this January. A total of 30 finalists were confirmed and are now vying for 10 awards, across the five categories of Health, Food, Energy, Water, and Global High Schools. This year, the Prize received a remarkable 4,000 applications, marking a significant 68.5% increase in entries compared to the previous cycle, while attracting submissions from a record 151 countries, representing over three quarters of the world’s nations. The Prize Jury, comprising former heads of state, government ministers and international business figures, convened through a virtual meeting to review shortlisted submissions identified by the Prize’s Selection Committee in August. In his remarks, H.E. Dr. Sultan bin Ahmed Al Ja
MMIT/Evaluate Acquire Panalgo to Bring Speed and Trust to Pharma Analytics and Decision-Making28.9.2021 17:45:00 CEST | Press release
Managed Markets Insight & Technology (MMIT) and Evaluate, (a Welsh, Carson, Anderson & Stowe and Hg portfolio company)—which joined forces last month to become a $1.6 billion global pharma commercial intelligence provider—announced the acquisition of Panalgo, a premier healthcare data analytics company that serves many of the largest biopharmaceutical, medical device and contract research organizations around the globe. “MMIT/Evaluate and Panalgo share a vision of generating evidence and insights faster, all to help patients get timely access to lifesaving therapies,” said MMIT CEO Mike Gallup. “The addition of Panalgo fits perfectly into our strategy of building a best-in-breed technology- and services-driven healthcare business servicing pharma, biotech and beyond.” With this acquisition, MMIT/Evaluate aim to transform the process of bringing drugs to market. By incorporating Panalgo’s flagship Instant Health Data (IHD) software, MMIT/Evaluate will offer customers an end-to-end comme