Endeavor Sets $10 Billion Valuation, Aims to Raise $500 Million-Plus in IPO

Endeavor Sets $10 Billion Valuation, Aims to Raise $500 Million-Plus in IPO

Ari Emanuel’s powerhouse agency is looking to go public for the second time since 2019

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In its second attempt at going pubic, Endeavor on Tuesday announced in a filing with the SEC it’s looking to score a valuation of $10 billion when it makes its Wall Street debut. The Beverly Hills-based talent agency, according to its filing, plans on offering 21.3 million shares priced between $23-$24 when it goes public, aiming to raise a little more than $511 million.

Another key point from Endeavor’s SEC filing: the firm is looking to buyout the remaining 49% of the UFC by raising an additional $1.8 billion through selling preferred shares. Endeavor said it will trade on the New York Stock Exchange under the “EDR” ticker symbol.

More to come…

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