Alta Global & UFC Gym Partner for $7M Revenue Potential
Ticker: MMA · Form: 6-K · Filed: Sep 23, 2024 · CIK: 1981519
Sentiment: bullish
Topics: partnership, revenue-projection, global-expansion
Related Tickers: MMA
TL;DR
MMA partners with UFC Gym, aiming for $7M annual revenue boost.
AI Summary
Alta Global Group Limited (NYSE American: MMA) announced on September 23, 2024, a partnership with UFC Gym. This collaboration is projected to generate up to $7,000,000 in potential gross annual revenue across UFC's network of over 150 global gyms.
Why It Matters
This partnership could significantly boost Alta Global's revenue streams by leveraging the established global network of UFC Gyms.
Risk Assessment
Risk Level: medium — The revenue is 'potential' and dependent on the success of the partnership across a large network.
Key Numbers
- $7,000,000 — Potential Gross Annual Revenue (Projected revenue from the UFC Gym partnership.)
- 150+ — Global Gym Network (Size of UFC's network where the partnership will operate.)
Key Players & Entities
- Alta Global Group Limited (company) — Registrant
- MMA (company) — Ticker symbol for Alta Global Group Limited
- UFC Gym (company) — Partner company
- $7,000,000 (dollar_amount) — Potential gross annual revenue
- September 23, 2024 (date) — Date of press release
FAQ
What is the specific nature of the partnership between Alta Global Group Limited and UFC Gym?
The filing states that the partnership is expected to drive $7,000,000 in potential gross annual revenue across UFC's 150+ global gym network, but the exact operational details are not specified in this 6-K.
When was the press release announcing this partnership issued?
The press release was issued on September 23, 2024.
What is the ticker symbol for Alta Global Group Limited?
The ticker symbol for Alta Global Group Limited is MMA.
What is the projected revenue target for this partnership?
The partnership is projected to generate up to $7,000,000 in potential gross annual revenue.
Does this Form 6-K filing mean the press release is officially 'filed' with the SEC?
No, the filing explicitly states that this report on Form 6-K (including the exhibit) shall not be deemed to be 'filed' with the SEC.
Filing Stats: 287 words · 1 min read · ~1 pages · Grade level 14.1 · Accepted 2024-09-23 07:00:26
Key Financial Figures
- $7,000,000 — ym and Alta Global Partnership to Drive $7,000,000 in Potential Gross Annual Revenue Acros
Filing Documents
- form6-k.htm (6-K) — 19KB
- ex99-1.htm (EX-99.1) — 31KB
- ex99-1_001.jpg (GRAPHIC) — 7KB
- 0001493152-24-037753.txt ( ) — 60KB
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 23, 2024, Alta Global Group Limited (NYSE American: MMA) issued a press release titled “ UFC Gym and Alta Global Partnership to Drive $7,000,000 in Potential Gross Annual Revenue Across UFC’s 150+ Global Gym Network .” 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 23, 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 23, 2024 By: /s/ Nick Langton Name: Nick Langton Title: Founder and Chief Executive Officer