US EditionEnhanced Games to offer performance enhancers ... and stock ... to the public
- Enhanced Games filed to list on Nasdaq and launch a direct-to-consumer performance-products business on Wednesday, six months before its Las Vegas competition.
- The company has secured a $40 million convertible stake and investors expect the offering to raise $200 million, while sources say the deal values Enhanced Games at about $1 billion.
- Enhanced's business model centers on consumer health products and competitors will undergo mandated medical profiling, with the website offering reservations for testosterone replacement medicines.
- Athletes can win $250,000 first prizes and Fred Kerley, Olympic sprinter, and Ben Proud, Olympic medallist swimmer, are signed to compete at the inaugural Las Vegas meet in the Enhanced Games format.
- Backed by investors including Peter Thiel, the project faces criticism from the International Olympic Committee and anti-doping authorities as unfair and unsafe, while Christian Angermayer claims doping is widespread.
29 Articles
29 Articles
The organiser of the Enhanced Games, the "improved" Games allowing doping, will enter the stock exchange in New York after an operation that values the company $1.2 billion, according to a press release published on Wednesday.
Enhanced Games to offer performance enhancers — and stock — to the public
The Enhanced Games is going public in two ways — with a new listing on the Nasdaq stock exchange and also by offering a direct-to-consumer business focused on performance products in a move it says "aims to democratize access to performance enhancement tools and protocols."
Enhanced Games to offer performance enhancers ... and stock ... to the public
The Enhanced Games is going public in two ways — with a new listing on the Nadsaq stock exchange and also by offering a direct-to-consumer business focused on performance products. The announcement comes six months ahead of the swimming, track…
Enhanced Games to offer performance enhancers ... and stock ... to the public
The Enhanced Games is going public in two ways — with a new listing on the Nadsaq stock exchange and also by offering a direct-to-consumer business focused on performance products. The announcement comes six months ahead of the swimming, track…
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