Conor McGregor Boosts Alta Global Stake
Ticker: MMA · Form: 6-K · Filed: Sep 9, 2024 · CIK: 1981519
Sentiment: bullish
Topics: insider-buy, celebrity-endorsement, performance-shares
Related Tickers: MMA
TL;DR
McGregor just bought more MMA stock, vesting at $20/share!
AI Summary
On September 9, 2024, Alta Global Group Limited (NYSE American: MMA) announced that global MMA superstar Conor McGregor has increased his ownership stake in the company. This increase is due to performance shares vesting at a potential price of up to $20 per share.
Why It Matters
This news indicates increased confidence from a high-profile figure in Alta Global Group's performance and future prospects.
Risk Assessment
Risk Level: medium — The filing involves a celebrity endorsement and potential share price appreciation tied to performance, which can be volatile.
Key Numbers
- $20 — Vesting Price (Maximum price per share for Conor McGregor's performance shares)
Key Players & Entities
- Alta Global Group Limited (company) — Company issuing the press release
- Conor McGregor (person) — Individual increasing ownership stake
- MMA (company) — Ticker symbol for Alta Global Group Limited
- $20 per Share (dollar_amount) — Vesting price for performance shares
- September 9, 2024 (date) — Date of the press release and filing
FAQ
What is the specific reason for Conor McGregor increasing his ownership stake?
Conor McGregor's ownership stake increased due to performance shares vesting at up to $20 per share.
What is the ticker symbol for Alta Global Group Limited?
The ticker symbol for Alta Global Group Limited is MMA.
On what date was this announcement made?
The announcement was made on September 9, 2024.
What type of shares are vesting for Conor McGregor?
Performance shares are vesting for Conor McGregor.
What is the maximum price per share at which these performance shares can vest?
The performance shares can vest at up to $20 per share.
Filing Stats: 290 words · 1 min read · ~1 pages · Grade level 14.1 · Accepted 2024-09-09 07:00:24
Key Financial Figures
- $20 — ith Performance Shares Vesting at up to $20 per Share .” A copy of the press
Filing Documents
- form6-k.htm (6-K) — 19KB
- ex99-1.htm (EX-99.1) — 19KB
- ex99-1_001.jpg (GRAPHIC) — 2KB
- 0001493152-24-035388.txt ( ) — 42KB
From the Filing
SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 For the month of September 2024 Commission File Number 001-41978 ALTA GLOBAL GROUP LIMITED (Translation of registrant’s name into English) Level 1, Suite 1, 29-33 The Corso Manly, New South Wales 2095 +61 1800 151 865 (Address of Principal Executive Offices) Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F: Form 20-F Form 40-F ALTA GLOBAL GROUP LIMITED EXPLANATORY NOTE On September 9, 2024, Alta Global Group Limited (NYSE American: MMA) issued a press release titled “ Global MMA Superstar Conor McGregor Increases His Ownership Stake in Alta Global Group with Performance Shares Vesting at up to $20 per Share .” A copy of the press release is furnished herewith as Exhibit 99.1 to this report on Form 6-K. This report on Form 6-K (including the exhibit hereto) shall not be deemed to be “filed” for purposes of the Securities Exchange Act of 1934, as amended, and shall not be incorporated by reference into any filing under the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such filing. Financial The following exhibit is being furnished herewith: Exhibit No. Description 99.1 Press Release, dated September 9, 2024 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. ALTA GLOBAL GROUP LIMITED Date: September 9, 2024 By: /s/ Nick Langton Name: Nick Langton Title: Founder and Chief Executive Officer