NEW YORK and ST. GALLEN (Switzerland) –
Sportradar Group AG (“Sportradar”), a leading global provider of products and services in the sports betting and sports entertainment sectors and the leading provider of B2B (“business-to-business”) solutions for the global sports betting industry in terms of sales, has today announced a price of $ 27.00 per share for the public offering of 19,000,000 Class A common shares. In addition, Carsten Koerl, founder and CEO of Sportradar, has granted the syndicate banks a 30-day option to purchase up to 2,850,000 additional Class A common shares at the issue price.
Trading of the shares on the Nasdaq Global Select Market under the ticker symbol “SRAD” is expected to commence on Tuesday, September 14, 2021. The offering is intended to close on September 16, 2021, subject to customary closing conditions being met.
JP Morgan, Morgan Stanley, Citigroup and UBS Investment Bank were hired as lead book-running managers and BofA Securities, Deutsche Bank Securities, Jefferies and Canaccord Genuity as joint book-running managers. Needham & Company, Benchmark Company, Craig-Hallum, Siebert Williams Shank and the Telsey Advisory Group are co-managers.
The offer is made exclusively via a prospectus. The prospectus can be obtained from JP 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 [email protected]; Morgan Stanley & Co. LLC, Attention: Prospectus Department, 180 Varick Street, 2nd Floor, New York, NY 10014; Citigroup Global Markets Inc., c / o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717 or by calling 1-800-831-9146 or UBS Securities LLC, Attention: Prospectus Department, 1285 Avenue of the Americas, New York , NY 10019, by calling (888) 827-7275 or emailing [email protected].
The registration document filed with the SEC on Form F-1 for these securities was declared effective by the SEC on September 13, 2021. This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities, nor is any sale of securities intended to be made in any state or jurisdiction in which an offer, solicitation or sale is made prior to registration or approval under the securities laws of those states or states Legal systems would be illegal.
About sports radar
Sportradar is a leading global provider of products and services in the sports betting and sports entertainment segments. Founded in 2001, the company is excellently positioned at the interface between sport, media and the betting industry and offers sports associations, news media, consumer platforms and sports betting operators a wide range of solutions to support their growth. Sportradar employs more than 2,300 full-time employees in 19 countries. The company is committed to excellent service, outstanding quality and high reliability and is a trustworthy partner of more than 1,600 customers in over 120 countries as well as an official partner of the NBA, NHL, MLB, NASCAR and FIFA. We cover more than 750,000 events in 83 sports annually. With its extensive industry relationships, Sportradar not only creates a completely new sports fan experience, but also protects the types of sport through its Integrity Services division and by promoting an integrity-oriented environment for everyone involved.
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View original version on businesswire.com: https://www.businesswire.com/news/home/20210914006225/de/
Quelle: Business Wire
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