Endeavor Group Holdings Inc., the entertainment, sports and content company, announced that it has postponed its previously announced initial public offering. Endeavor will continue to evaluate the timing for the proposed offering as market conditions develop.
The company includes entertainment agency WME; sports, fashion, events and media company IMG, and premier mixed martial arts organization UFC. It specializes in talent representation, marketing and licensing and event management.
A registration statement relating to the proposed sale of these securities has been filed with the U.S. Securities and Exchange Commission but has not yet become effective. These securities may not be sold, nor may offers to buy be accepted, prior to the time the registration statement becomes effective.
The offering will be made only by means of a prospectus. When available, copies of the preliminary prospectus relating to the offering of these securities may be obtained from Goldman Sachs & Co.
Endeavor 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; marketing and licensing; content development, distribution and sales; event management; and a number of direct-to-consumer offerings.