VVV Sports eyes Nasdaq listing after £5m raise for US expansion

cityam05-26

VVV Sports runs events, manages players and develops infrastructure in padel London-listed VVV Sports, believed to be the only public pure-play vehicle for investing in padel and pickleball, is ...

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Its plans for VVV USA include a padel centre of excellence in New York, taking the R3 Bullpadel Cup to the US, and launching a betting and prediction markets business, VVV Sport Book.“We’ll be out talking to investors. We’ve got a good soft commitment from a number of different people from the industry, family offices, a couple of hedge funds, some interesting people coming in who are sports enthusiasts,” Rowland told City AM.","collect":0,"end_time":0,"defaultTopTitle":"cityam.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"VVV":"胜牌","BK4214":"汽车零售","BK4090":"商品化工"},"translate_title":"VVV Sports为美国扩张筹集500万英镑后考虑在纳斯达克上市","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"NQmain":1.5,"VVV":1.5},"content_text":"VVV Sports runs events, manages players and develops infrastructure in padel London-listed VVV Sports, believed to be the only public pure-play vehicle for investing in padel and pickleball, is planning to join Nasdaq later this year.The company, founded by British entrepreneur Jonathan Rowland, will retain its place on the Aquis stock exchange but is seeking a dual listing as it expands its US footprint.Before then, it intends to raise around £5m through a placing of new shares next month. Its plans for VVV USA include a padel centre of excellence in New York, taking the R3 Bullpadel Cup to the US, and launching a betting and prediction markets business, VVV Sport Book.“We’ll be out talking to investors. We’ve got a good soft commitment from a number of different people from the industry, family offices, a couple of hedge funds, some interesting people coming in who are sports enthusiasts,” Rowland told City AM.\n\n“We’re going to step up to Nasdaq because our focus is going to be pushed towards the US heavily. We are launching our US company to start looking at the opportunity for padel. We’re looking at a big project in New York, a padel venue with an interesting partner there. \n\n\n\n\n\n\nNews Updates\nStay ahead with our three daily briefings delivering all the key market moves, top business and political stories, and incisive analysis straight to your inbox.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n“We are going to look at holding our own events in the US, so R3 Bullpadel Cup – we’re looking at spinning that into the USA, and maybe creating a mini tour there.“We think there’s an opportunity to work with partners and build several venues in the US, start to run tournaments, start to do everything that’s happening elsewhere, but it’s really the beginning.”","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.43.1","shortVersion":"4.43.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2638459559","isCrawlerRequest":true}