Shares of Alliance MMA (NASDAQ: AMMA) are up 40% this morning after the company said it has acquired the assets of Victory Fighting Championship (VFC). VFC produces events in Nebraska, Kansas, Iowa and South Dakota, as well as upcoming shows in Dallas/Ft. Worth. VFC has produced more than 60 live MMA events and has global distribution through an exclusive broadcast on UFC FIGHT PASS, the Ultimate Fighting Championship’s OTT digital streaming platform. “VFC’s organizational footprint, in terms of scale and distribution on UFC FIGHT PASS, provides an incredible opportunity for Alliance MMA to produce content – including live content – that fans want to see,” Alliance MMA chief executive officer Paul Danner stated in the news release.
To view the full press release, visit: http://nnw.fm/a3mFQ
About Alliance MMA, Inc.
Alliance MMA (NASDAQ: AMMA) is a professional mixed martial arts (MMA) company that brings together regional productions. Alliance MMA’s mission is to identify and cultivate the next generation of fighters and champions for the Ultimate Fighting Championship (UFC) and other premier MMA promotions. The organization aims eventually to host in excess of 125 events per year, showcasing more than 1,000 fighters. Alliance MMA is also dedicated to generating live original sports media content, attracting an international fan base, and securing major brand sponsorship revenue for live MMA events, digital media, and Alliance MMA fighters. MMA is the world’s fastest-growing sport with worldwide fans of approximately 300 million according to sports marketing research firm Repucom. MMA is a full contact sport that allows a wide range of fighting techniques, including striking and grappling from various martial arts and disciplines including Boxing, Wrestling, Brazilian Jiu Jitsu, Karate, and Muay Thai. Professional MMA fights are legal and regulated by state athletic commissions in all 50 states. Alliance MMA, Inc. was incorporated in 2015 for the purpose of acquiring businesses that engage in the promotion of mixed martial arts (MMA) events. In 2016, the company completed an initial public offering that culminated in a listing on the NASDAQ stock exchange. Alliance MMA is the only mixed martial arts promotion company that is publicly-traded. For more information, visit www.alliancemma.com.
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