NEW YORK, NY – (360SportsNews.com) – January 16, 2023
FOR IMMEDIATE RELEASE
360 Sports Inc. (“360”), a New York City based vertically-integrated sports management company for amateur, professional, and retired professional athletes, today announced that it is establishing a Private Placement for up to $5 million in order to close out the initial Seed Round issued by PreIPO Corporation (“PreIPO”) based out of Boca Raton, FL.
The intent of the PPM is to establish a Joint Venture Agreement between 360 and PreIPO to operate collaboratively with regard to utilizing an Alternative Trading System (“ATS”) under the PreIPO Exchange banner. This will allow PreIPO to bring liquidity to the private securities market, with an emphasis on pre-IPOs.
“360 Sports has entered the next stage of our growth, and this venture with PreIPO will allow us to create and manage the secondary trading for initial investors in our private placements.”, stated Rob Licopoli, CEO of 360 Sports Inc. ”The placements were created within the 360 Sports Inc. Athlete Business Accelerator (“ABA”) over the past several years and are now ready to launch.”
ABOUT 360 SPORTS, INC.
360 Sports Inc is a vertically integrated company that provides full-service back-office solutions to help athletes start, manage and grow their own businesses. 360 Sports was founded in 2005 and Incorporated in 2015. 360 Sports is one of the first companies to qualify as a Regulation A Tier 1 company. 360 Sports, Inc is becoming one of the leaders in full-service athlete management with the intent to protect athletes from losing their fortunes. 360 Sports partners with athletes, form a business partnership, and launches private equity funds with the intent to go public through mini-IPOs.
For more information about the 360 Sports Investor Portal, please go to 360SportsX.com
PreIPO® (preipo.com) has developed a Tier-1 compliant digital marketplace available across all devices, bringing buyers and sellers of private company interests from around the world to transact in real time.
PreIPO® allows Accredited Investors such as individuals, family offices & institutions to access the Primary and Secondary Markets to invest in early-stage startups up through late-stage unicorns, commonly referred to as pre-IPOs.
Conversely, PreIPO® allows Issuers, Broker-Dealers, Underwriters, Fund Managers, Incubators, and Accelerators to list, advertise, and otherwise onboard their Primary and Secondary deal flow to the platform. The PreIPO B/D-as-a-Service™ platform provides an end-to-end solution that optimizes the capital formation process: featuring time-to-closing compression.
The PreIPO® end-to-end solution is driven by a comprehensive set of AI and ML-powered tools matched with deliverables designed for maximum distribution and optimal execution. These tools include PreIPO Score™ and PreIPO INTELLI™, powered by TABS Suite™.
PreIPO Score™ agnostically “X-rays” a host of qualitative inputs to produce quantitative outputs, including a comprehensive company evaluation, an informative diagnostic report, and a Score (from 1-10) that when taken together, serves as a roadmap to bankability and go-to-market preparedness for companies seeking capital.
PreIPO INTELLI™ informs investors with aggregated insights and datasets and real-time investor sentiment trends on pre-IPOs to facilitate investment confidence when selecting pre-IPOs for their (or their clients’) investment portfolios.
360 Sports Inc. (“360 Sports”) Is Not A Registered Broker-Dealer, Investment Advisor, Or Crowdfunding Portal. 360 Sports Does Not Endorse Any Of The Opportunities That Appear On Any Of The 360 Sports Websites, Nor Does It Make Any Recommendations Regarding The Appropriateness Of Particular Opportunities For Any Investor. Investment Opportunities On The 360 Sports Marketplace Platform Are Speculative And Involve Substantial Risk. You Should Not Invest Unless You Can Sustain The Risk Of Loss Of Capital, Including The Risk Of Total Loss Of Capital. The 360 Sports Agency Is A Wholly-Owned Subsidiary Of 360 Sports, Inc. Please Go To 360 Sports, Inc. For Details.