Reports: Fanatics raises $325 million in capital from investors that include Jay-Z | Jax Daily Record | Jacksonville Daily Record
The Jacksonville-based merchandising company started with a single store in Orange Park.
Source: jaxdailyrecord.com
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Fanatics sells $322.56 million in stock to group of 28 investors | Jax Daily Record | Jacksonville Daily Record
Fanatics Holdings Inc. sold $322.56 million in stock to a group of 28 investors, according to a May 13 Securities and Exchange Commission filing. The filing said the Jacksonville-based sports merchandise company sold the stock April 29 but gave no other details. The capital raise follows a sale of $350 million in preferred stock in August 2020, according to a previous SEC filing. CNBC reported in March that Fanatics was planning to sell about $320 million in stock to current investors in the company. The business news network said that sale would increase the company’s valuation to $12.8 bi...
Source: jaxdailyrecord.com