Alta Global Group Limited Announces Initial Public Offering Pricing

Alta Global Group Limited, a technology firm focusing on the martial arts and combat sports industry, disclosed the pricing of its initial public offering (IPO) of 1,300,000 ordinary shares at $5.00 each, aiming to raise $6,500,000 before fees and expenses. An additional 195,000 shares could also be offered under a 45-day underwriter option to manage over-allotments. The funds are intended for various corporate necessities, including marketing, product development, and general expenses. Shares will start trading on the NYSE American under the ticker "MMA" from March 28, with the closure of the offering anticipated by April 2, pending standard closing conditions. Sole book-running for the offering is managed by ThinkEquity.

This development comes as the IPO's regulatory groundwork was laid, marked by the SEC's effective declaration of the Registration Statement on Form F-1. Interested parties can access the prospectus through ThinkEquity or the SEC's website. This initiative does not equate to an offer for sale in any jurisdiction where such an action would contravene local securities laws.