Endeavor Sets IPO Launch For Next Week

  • Deadline
Endeavor Sets IPO Launch For Next Week
Endeavor Group Holdings, the company led by CEO Ari Emanuel and executive chairman Patrick Whitesell, will launch its initial public offering on September 27. The news of the first day of trading on the New York Stock Exchange came Friday via a video obtained by Deadline.

The company, whose holdings include Hollywood talent agent Wme and the Ufc, had detailed in an SEC filing earlier this week that it has priced the Ipo at $30-$32 per share, and that it will trade on the NYSE under the ticker symbol “Edr.”

A total of 19,354,839 Class A shares will be offered at launch, a move that the company said in the video is expected to raise $600 million. The offering values to company at about $8 billion.

The video aimed at investors and the Wall Street crowd runs just more that 30 minutes and starts with Emanuel detailing a near-death experience with a flatbed truck back in his ICM Partners.
See full article at Deadline »

Similar News

Recently Viewed