New York, NY, June 18, 2025 (GLOBE NEWSWIRE) — Mixed Martial Arts Group Limited (NYSE American: MMA) (“MMA” or the “Company”), announced today the closing of its previously announced underwritten public offering of 6,578,948 ordinary shares (or pre-funded warrants to purchase ordinary shares in lieu thereof) at a public offering price of $0.76 per share (the “Offering”). The aggregate gross proceeds to MMA from the Offering were approximately $5.0 million, before deducting underwriting discounts and commissions and other offering expenses payable by MMA.

MMA intends to use the net proceeds from the Offering for product development, marketing and advertising expenses, scaling up its sales efforts, and for general working capital and corporate purposes.

WestPark Capital, Inc. acted as the Sole Book-Runner in connection with the Offering.

The securities described above were offered pursuant to a registration statement on Form F-1 (File No. 333-287694), which was declared effective by the Securities and Exchange Commission (the “SEC”) on June 12, 2025. The Offering was made only by means of a written prospectus that forms a part of the registration statement. A final prospectus relating to the Offering has been filed with the SEC. Copies of the final prospectus relating to the Offering may be obtained from WestPark Capital, Inc., 1800 Century Park East, Suite 220, Los Angeles, CA 90077, tel: 310-203-2919, e-mail: jstern@wpcapital.com and are also available on the SEC’s website.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or other jurisdiction.

About Mixed Martial Arts Group Limited

MMA.INC (Mixed Martial Arts Group Limited) is revolutionizing the combat sports industry by driving participation and engagement across fans, athletes, coaches, and gym owners. The company operates four core business units:

• TrainAlta: A platform that transforms MMA fans into active participants through structured training programs.
• Hype: A marketing platform helping gym owners, coaches, and athletes grow revenue from their audiences.
• MixedMartialArts.com: The go-to resource for MMA news, fighter data, fight schedules, and the legendary Underground forum.
• BJJLink: A leading gym management platform designed for BJJ academies, offering tools for payment processing, marketing, student engagement, and content monetization.

With over 5 million social media followers, 530,000 user profiles, 50,000 active students, 18,000 published gyms and 800 verified gyms across 16 countries, MMA.inc continues to transform the martial arts landscape and deliver unparalleled value to its stakeholders.

For more information, visit www.mma.inc or follow us on social media:

Safe Harbor Statement

This press release may include forward-looking statements. Any statements contained herein regarding the use of proceeds of the Offering, our strategy, future operations, financial position, future revenues, projected costs, prospects, plans and objectives of management, other than statements of historical facts, are forward-looking statements. The forward-looking statements included herein include or may include, but are not limited to, statements that are predictive in nature, depend upon or refer to future events or conditions, or use or contain words, terms, phrases, or expressions such as “achieve,” “forecast,” “plan,” “propose,” “strategy,” “envision,” “hope,” “will,” “continue,” “potential,” “expect,” “believe,” “anticipate,” “project,” “estimate,” “predict,” “intend,” “should,” “could,” “may,” “might,” or similar words, terms, phrases, or expressions or the negative of any of these terms. Any statements contained in this press release that are not based upon historical fact are based on current expectations, estimates, projections, opinions and/or beliefs of the Company. Such statements are not facts and involve known and unknown risks, uncertainties, and other factors. Prospective investors should not rely on these statements as if they were facts. Actual revenue may vary to current sales due to factors such as participant churn, cancellations, and changes in payment schedules, membership terms or pricing changes. Any references to verified gyms, partner gyms, user profiles refer to a profile that has been claimed or created across the MMA.inc platform, which includes TrainAlta.com, BJJ Link, Hype, MixedMartialArts.com and Steppen. Forward-looking statements involve a number of known and unknown risks and uncertainties, including, but not limited to, those discussed in the “Risk Factors” section of the Form 20-F for the fiscal year ended June 30, 2024 filed with the SEC and in the prospectus for the Offering. Given the risks and uncertainties, readers should not place undue reliance on any forward-looking statement and should recognize that the statements are predictions of future results which may not occur as anticipated. New risk factors emerge from time to time, and it is not possible for management to predict all such risk factors, nor can it assess the impact of all such factors on the Company’s business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements. You should carefully read the factors described in the “Risk Factors” section of the Form 20-F for the fiscal year ended June 30, 2024 filed with the SEC and in the prospectus for the Offering to better understand the risks and uncertainties inherent in our business and industry, and any underlying forward-looking statements. Except where required by law, the Company assumes no obligation to update, withdraw or revise any forward-looking statements to reflect actual results or changes in factors or assumptions affecting such forward-looking statements.

Media Contacts

Mixed Martial Arts Group Limited
E: peter@mma.inc

When is Amazon Prime Day 2025? 

Amazon Prime Day takes place from July 8 through July 11 this year. This is when the retailer cuts deals on thousands of products, mostly ones it owns (think Kindle, Ring, and Alexa). To get in on the deals hype, other brands will discount their products during Prime Day to boost overall sales. 

Are health trackers really cheaper on Prime Day? 

I’ve seen some sweet discounts on health trackers during my time as an editor covering these events. We’ve seen record savings on tech, including Apple Watches and Oura Rings. 

How did we choose these Prime Day deals?

I cover health wearables for my job, and I’m particular about the products I like and don’t like. If something isn’t worth my while, I’m not writing about it. The same goes for these deals. Our experts looked for deals that were at least 20% off (or are hardly ever on sale), using established price comparison tools and trackers to determine whether the deal is actually on sale and how frequently it drops. 

We also looked over customer reviews to find out what matters to real people who already own and use the deals we’re recommending. Our recommendations may also be based on our own testing — in addition to extensive research and comparison shopping. The goal is to deliver the most accurate advice to help you shop smarter. 

Xponential Fitness, Inc., global franchisor of boutique health and wellness brands, announced that Lily Yang has been appointed to the company’s Board of Directors effective June 16, 2025. Yang will also serve as chair of the Audit Committee.

Mark Grabowski, chairman of the Board of Xponential, said, “We are excited to welcome Lily to Xponential’s Board of Directors. Lily has extensive leadership experience in senior finance and accounting positions at companies in technology, healthcare and other high-growth industries. Notably, she played an integral role in taking Pinterest public while serving as chief accounting officer during its 2019 IPO and now holds the position of chief financial officer at Strava. We are confident that her deep financial expertise and strategic insight will be of significant value to the Board as we continue to advance Xponential’s strategic initiatives.”

Yang said, “It is a privilege to join the Board of Xponential, and I look forward to working alongside my fellow directors to support the company’s continued success. I was especially drawn to Xponential’s franchisee first focus and mission to bring the talents, assets, and capabilities that franchise brands need to grow successfully. I am eager to contribute a different perspective to the Board as we oversee the company’s strategic initiatives and growth strategy.”

Yang has nearly 30 years of experience working in diverse organizations across technology, healthcare and other high-growth industries. Yang has also served as VP of Finance and Accounting at Medivation, prior to Pinterest and Strava, responsible for driving strategic growth and expansion before the company was acquired by Pfizer. Yang also worked at Gilead Sciences, where she finished her tenure as VP and Corporate Controller.

Yang holds a Bachelor of Science degree in Accounting and Managerial Information Systems from Boston University and is a Certified Public Accountant (inactive).

Images courtesy Xponential Fitness, Lily Yang

Aims to Create Hong Kong’s Largest Smart Care Home

HONG KONG, June 18, 2025 /PRNewswire/ — The Hong Kong Applied Science and Technology Research Institute (ASTRI) and the Board of Directors of Pok Oi Hospital (Pok Oi) signed a Memorandum of Understanding (MoU) today to collaborate on exploring innovative technologies development for the Pok Oi Hospital Tuen Mun Lam Tei Nursing and Residential Care Home for the Elderly Project (Lam Tei Project). The facility, scheduled for completion in 2027, is envisioned to become Hong Kong’s largest “smart care home”, delivering enhanced efficiency and quality in elderly care services.

The MoU Signing Ceremony was officiated by Mr Ivan Lee, Commissioner for Innovation and Technology of the HKSAR Government and Mr Edward To, Director of Social Welfare of the HKSAR Government.

“One of the key strategies outlined in the Hong Kong Innovation and Technology Development Blueprint is to accelerate the transformation of research and development outcomes into practical applications, thereby promoting the smart city development and enhancing quality of life,” said Mr Ivan Lee, Commissioner for Innovation and Technology of the HKSAR Government.

“The collaboration between ASTRI and Pok Oi on the Lam Tei Project perfectly embodies this vision, marking the beginning of a new era of ‘smart elderly care’ in Hong Kong by leveraging innovation and technology (I&T) to enhance comprehensive elderly home services,” Mr Lee added. “We look forward to seeing more innovative technologies integrated into daily life, benefiting industries and society as a whole.”

Mr Edward To, Director of Social Welfare of the HKSAR Government, said, “I would like to express my sincere gratitude to Pok Oi Hospital for its unwavering support of Government’s elderly care policy over the years. Striving for excellence, Pok Oi Hospital has been sparing no effort in enhancing the service standards of residential care homes for the elderly. The Lam Tei Project not only symbolises an expansion in elderly care facilities, but also scales new heights in the application of I&T to enhance the quality of care. I hope the Project will inspire the sector to develop service model better tailored to the needs of the elderly, thereby benefitting more elders in the community.”

Tailored-made advanced elderly care solutions

The MoU was signed by Ir Chris Chong, Acting CEO and Chief Operating Officer of ASTRI and Ms Kelly Huang, Chairman of the Pok Oi Hospital Board of Directors, witnessed by officiating guests, Mr Ivan Lee and Mr Edward To, alongside Ir Sunny Lee, Board Chairman of ASTRI and Mr Herman Lee, Permanent Advisor of the Pok Oi Hospital Board of Directors.

The partnership will encompass research into various I&T applications for the Lam Tei Project, including generative artificial intelligence, robotics technology and the Internet of Things, aim at developing pioneering elderly care services to enhance residents’ experience. Building energy management technology will also be considered to improve energy efficiency.

Ir Sunny Lee, Board Chairman of ASTRI, emphasised the institute’s commitment to enhance quality of life through technologies. “With our robust capabilities and extensive experience in innovative research and development, we have secured over 1,100 patents and completed more than 1,500 technology transfer to industry,” he said.

“By integrating advanced technologies such as AI-driven healthcare solutions and centralised smart sensing platforms, we will provide bespoke elderly care solutions to fully support Pok Oi Hospital in establishing a high-performing, sustainable, and socially responsible smart residential care home for the elderly, whilst driving service innovation and improving the well-being of senior citizens,” he added.

Ms Kelly Huang, Chairman of Pok Oi Hospital Board of Directors noted the Project’s significance as Hong Kong’s largest residential care home for the elderly operated by a single organisation. “With over 1,400 residential places, the Lam Tei Project represents a new venture requiring holistic planning on facilities management, resource allocation and staffing arrangements to uphold the reputation of Pok Oi’s professional and high-quality service.”

“We are pleased to collaborate with ASTRI to explore intelligent technology solutions that helps us to formulate future operational strategies at an early stage. The integration of I&T will also enhance operational efficiency whilst enabling frontline staff to focus more on our elderly residents, putting Pok Oi’s people-oriented mission into practice.” Ms Huang added.

Both parties expect to leverage Lam Tei as their flagship project, continuously expanding the “future elderly care” service model to become an industry benchmark and elevate Hong Kong’s elderly care services through I&T.

Photos Download: http://bit.ly/4l2Eesi

(Back row, left to right) Ir Sunny Lee, Board Chairman of ASTRI; Mr Ivan Lee, Commissioner for Innovation and Technology; Mr Edward To, Director of Social Welfare; and Mr Herman Lee, Permanent Adviser to the Pok Oi Hospital Board of Directors, witnessing the MoU signing by Ir Chris Chong, Acting CEO and Chief Operating Officer of ASTRI (front row, left) and Ms Kelly Huang, Chairman of the Pok Oi Hospital Board of Directors (front row, right). The partnership launches research into innovation and technology applications for Pok Oi’s Lam Tei Project, aims at establishing Hong Kong’s largest “smart residential care home for the elderly”

About ASTRI

Hong Kong Applied Science and Technology Research Institute (ASTRI) was founded by the Government of the Hong Kong Special Administrative Region in 2000 with the mission of enhancing Hong Kong’s competitiveness through applied research. ASTRI’s core R&D competence in various areas is grouped under five Technology Divisions: Advanced Electronic Components and Systems; Artificial Intelligence and Trust Technologies; Communications Technologies; Intelligent Perception and Control Technologies, and IoT Sensing and AI Technologies. It is applied across six core areas which are Smart City, Financial Technologies, New Industrialisation and Intelligent Manufacturing, Digital Health, Application Specific Integrated Circuits and Metaverse.

Over the years, ASTRI has nurtured a pool of research, I&T talents and received numerous international awards for its pioneering innovations as well as outstanding business and community contributions. ASTRI has transferred more than 1,500 technologies to the industry and has been granted over 1,100 patents in the Mainland, the United States, and other countries. For further information, please visit www.astri.org.

About Pok Oi Hospital

Pok Oi Hospital was founded in 1919 and has always adhered to the mission of “We Love, We Care, We Serve”. Today, Pok Oi has developed into a sizable charitable institution with 123 service units across Hong Kong. Its service scope includes Western and traditional Chinese medicine, dental services, elderly care, youth and family services, educational services and transitional housing services, reaching various levels of society and providing essential services to millions of beneficiaries every year. For further information, please visit Pok Oi Hospital website: https://pokoi.org.hk/.

(Bloomberg/Carmen Reinicke) — For more than two years, conversations about the biggest, most important technology companies have revolved around the same seven stocks. Now, some on Wall Street are making the case that Broadcom Inc. should be part of that discussion.

Relentless spending on artificial intelligence computing gear has juiced the chipmaker’s revenue and profits, driving a more than 340% rally since the start of 2023 and vaulting it into an elite cohort of stocks with a market value of at least $1 trillion. Meanwhile, Tesla Inc. — one of the original so-called Magnificent Seven stocks — has tumbled 22% this year as Chief Executive Officer Elon Musk’s foray into US politics sparked a backlash against the electric vehicle maker.

Broadcom, on the other hand, is expected to see its sales jump 22% in fiscal 2025 and 21% in fiscal 2026, according to analyst estimates compiled by Bloomberg. That growth is second only to Nvidia Corp. in the Magnificent Seven, which includes Amazon.com Inc., Microsoft Corp., Meta Platforms Inc. and Alphabet Inc. Tesla’s revenue, by contrast, is expected to shrink 1% this year.

“Broadcom would be a fair substitute for Tesla,” according to Michael O’Rourke, chief market strategist at Jonestrading, who was among the first to use the Magnificent Seven moniker in early 2023. “Simultaneously we have witnessed Broadcom’s business grow with the AI space while Tesla’s core business has been challenged.”

• Garmin has unveiled a new sleep tracking wearable
• It’s yours for $169.99 / £149.99 / AU$299
• The band is able to track multiple metrics while you sleep

Much as I love my Garmin Instinct 3, I don’t like wearing it while sleeping – it’s not uncomfortable, but it’s too chunky and heavy for bed. Now there’s an alternative for me and everyone else who owns one of the best Garmin watches: the Index Sleep Monitor.

The newly unveiled wearable looks like an oversized Whoop tracker. Crucially, it’s screenless and lightweight, so it shouldn’t interfere with a good night’s sleep – and it can last a week between battery charges. There are even two sizes to choose between, either small/medium or large/extra large.