Fanatics, which had reported exploring an initial public offering (IPO), held its second investor meeting in nearly a year at the NBA Players Association headquarters in New York, according to a report from CNBC.
The June 13 meeting drew over 100 existing and prospective institutional investors from firms, including Goldman Sachs and Barclays, in person, with another 300 attending via Zoom.
Fanatics founder and CEO Michael Rubin led the meeting and featured an appearance by Fanatics investor and former NFL retired pro baller Tom Brady, who spoke about business and leadership. Rubin, last November, reportedly held a meeting with sell-side analysts.
A Fanatics spokesman told CNBC that the company’s IPO timeline had not changed.
In April, Fanatics hired Deborah Crawford, formerly VP and head of investor relations at Meta, as SVP and head of investor relations, a new position, at Fanatics.
