$SRSK: When Fanatics "asked about IPO" ... read this part
When asked about a potential IPO, which some have speculated is on the horizon, a Fanatics spokesperson said: “We’re focused on building a great company and growing the industry globally through innovation and continued investment in a vertical commerce model that best services the growing real-time expectations of fans.”
Sounds like they are going straight to market like DraftKings just did with their SPAC and $DEAC.
Companies are avoiding the IPO route now where they tend to lose value.
They are going straight to investors and DIRECT-LISTINGS !!!!!!
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