Menu
Finance

ANTIGUA SPORTSWEAR TO HAVE IPO AND TRADE ON THE NASDAQ

          AZ-based sportswear company Antigua Group has filed
     plans with the SEC to sell 3 million shares in an IPO,
     according to Dawn Gilbertson of the ARIZONA REPUBLIC.  While
     the company would trade under the "proposed" NASDAQ symbol
     ANTGF, a "projected price range was not disclosed."   The
     timing of the IPO "is tied to the recent sale of the company"
     to Canadian-based Southamptom Enterprises.  Proceeds from the
     IPO, "which probably won't be completed until January, will
     be used to repay debt from the acquisition."  Antigua hopes
     to raise $15.5M after expenses, "which indicates an expected
     IPO price of about $6."  After the deal, company officials
     will own "about one-third" of Antigua.  Gilbertson reports
     that while Antigua sales have "been relatively flat the past
     few years," they have been "on an upswing this year."  In the
     "pipeline" for Antigua is "more celebrity endorsements," as
     it currently has deals with golfers Mark Brooks, Billy
     Mayfair and NBC golf announcers (ARIZONA REPUBLIC, 11/19).

SBJ Morning Buzzcast: May 8, 2024

Start your morning with Buzzcast with Austin Karp: The NFL sets a date for its 2024 schedule release, while also dropping hints that it could soon approve private equity investment in teams; WNBA teams finally land charter flights; the F1 Miami Grand Prix delivers a record on TV; and Elevate lands in Happy Valley.

Phoenix Mercury/NBC’s Cindy Brunson, NBA Media Deal, Network Upfronts

On this week’s pod, SBJ’s Austin Karp chats with SBJ NBA writer Tom Friend about the pending NBA media Deal. Cindy Brunson of NBC and Phoenix Mercury is our Big Get this week. The sports broadcasting pioneer talks the upcoming WNBA season. Later in the show, SBJ media writer Mollie Cahillane gets us set for the upcoming network upfronts.

SBJ I Factor: Molly Mazzolini

SBJ I Factor features an interview with Molly Mazzolini. Elevate's Senior Operating Advisor – Design + Strategic Alliances chats with SBJ’s Ross Nethery about the power of taking chances. Mazzolini is a member of the SBJ Game Changers Class of 2016. She shares stories of her career including co-founding sports design consultancy Infinite Scale career journey and how a chance encounter while working at a stationery store launched her career in the sports industry. SBJ I Factor is a monthly podcast offering interviews with sports executives who have been recipients of one of the magazine’s awards.

Shareable URL copied to clipboard!

https://www.sportsbusinessjournal.com/Daily/Issues/1997/11/19/Finance/ANTIGUA-SPORTSWEAR-TO-HAVE-IPO-AND-TRADE-ON-THE-NASDAQ.aspx

Sorry, something went wrong with the copy but here is the link for you.

https://www.sportsbusinessjournal.com/Daily/Issues/1997/11/19/Finance/ANTIGUA-SPORTSWEAR-TO-HAVE-IPO-AND-TRADE-ON-THE-NASDAQ.aspx

CLOSE