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Stock impact report

Alta Global Group Raises $2.1 Million with Participation from its CEO and Board to Fund Expansion

Alta Global Group Limited Ordinary Shares (MMA) 
Company Research Source: GlobeNewswire
Private placement for ordinary shares with no warrants, led directly by the Company, attracted investments from existing shareholders and new high-net-worth individuals, with participation from the executive team and board.Capital injection to expand revenue and fund Alta’s growth initiatives including the imminent launch of the social and community platform, advancing the UFC Gym partnership roll-out and expansion of the SaaS tools provided to gym owners and coaches. New York, Australia, Nov. 15, 2024 (GLOBE NEWSWIRE) -- Alta Global Group (NYSE American: MMA) (“Alta” or the “Company”), a pioneering technology company seeking to aggregate and drive participation in combat sports, announced today it has successfully arranged a $2.1 million fundraise via a private placement of ordinary shares to non-U.S. investors to fuel its growth initiatives for 2025. This funding round, which was anchored by strong demand from new institutional investors and high-net-worth individuals, supports Show less Read more
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