Endeavor Announces Pricing of Initial Public Offering
April 28 2021 - 6:41PM
Business Wire
Endeavor Group Holdings, Inc. (“Endeavor”), a global
entertainment, sports and content company, today announced pricing
of its initial public offering of Class A common stock at a price
to the public of $24.00 per share. Endeavor is offering 21,300,000
shares of its Class A common stock, plus up to an additional
3,195,000 shares of Class A common stock that the underwriters have
a 30-day option to purchase. The shares are expected to begin
trading on the New York Stock Exchange on April 29, 2021 under the
symbol “EDR” and the offering is expected to close on May 3, 2021,
subject to customary closing conditions.
Morgan Stanley, Goldman Sachs & Co. LLC, J.P. Morgan and
Deutsche Bank Securities are acting as joint lead bookrunners,
Barclays, Citigroup, Credit Suisse, Evercore ISI, HSBC, Jefferies
LLC, Moelis & Company LLC, Piper Sandler & Co., RBC Capital
Markets and UBS Investment Bank are acting as joint bookrunners and
CODE Advisors, DBO Partners, LionTree, Academy Securities, R.
Seelaus & Co., LLC, Samuel A. Ramirez & Company, Inc. and
Siebert Williams Shank are acting as co-managers for the proposed
offering.
A registration statement relating to this offering was declared
effective by the Securities and Exchange Commission on April 28,
2021. The offering is being made only by means of a prospectus,
copies of which may be obtained from: Morgan Stanley & Co. LLC,
Attn: Prospectus Department, 180 Varick Street, 2nd Floor, New
York, NY 10014; Goldman Sachs & Co. LLC, Attention: Prospectus
Department, 200 West Street, New York, NY 10282, by telephone at
1-866-471-2526 or by email at prospectus-ny@ny.email.gs.com; J.P.
Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155
Long Island Avenue, Edgewood, NY 11717, by telephone at
866-803-9204 or by email at prospectus-eq_fi@jpmorganchase.com; and
Deutsche Bank Securities, Attn: Prospectus Department, 60 Wall
Street, New York, New York 10005, telephone: 800-503-4611 or via
email: prospectus.cpdg@db.com.
This press release shall not constitute an offer to sell or the
solicitation of an offer to buy these securities, 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.
About Endeavor
Endeavor is a global entertainment, sports and content company,
home to many of the world’s most dynamic and engaging storytellers,
brands, live events and experiences. The company is comprised of
industry leaders including entertainment agency WME; sports,
fashion, events and media company IMG; and premier mixed martial
arts organization UFC. The Endeavor network specializes in talent
representation, sports operations & advisory, event &
experiences management, media production & distribution,
experiential marketing and brand licensing.
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version on businesswire.com: https://www.businesswire.com/news/home/20210428006178/en/
Press: Matt Levine, Brunswick endeavor@brunswickgroup.com (646)
886-2403
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