Coinspeaker
Fanatics Holds Second Investor Day as It Gears Up for IPO
Fanatics, the world’s leading provider of licensed sports merchandise, recently conducted its second investor day within a year as the company takes quiet steps while moving closer to an initial public offering (IPO).
Sources familiar with the matter said that more than 100 prospective institutional investors from big firms such as Barclays and Goldman Sachs met on Tuesday, June 13, at the NBA Players Association headquarters in New York. The purpose was to hear from Fanatics founder and CEO Michael Rubin about the future plans of the company.
In addition to this, nearly 300 people attended the virtual meeting on Zoom. Also, Fanatics leaders from all parts of the business verticals took part in delivering presentations and the Q&A session with the audience. Also, a spokesperson from the company confirmed to CNBC that the company’s timeline for the IPO hasn’t changed.
Football great Tom Brady also made a sur
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