May 18, 2018
Los Angeles, CA. Today, the American Ultimate Disc League, LLC launched a Small Open Public Offering under Regulation Crowdfunding of the JOBS Act. A maximum of 324,242 Series B Common Units valued at $1,069,998.60 are being made available to accredited and non-accredited investors on the StartEngine Crowdfunding platform.
See details here.
Over 100,000 people use StartEngine to discover new companies in which they want to invest and this successful equity crowdfunding platform is a perfect fit as the American Ultimate Disc League seeks to expand its ownership base. “We are very excited to announce another first for the sport of Ultimate as our investors, team owners, players, officials and volunteers invite more owners to share in the development of professional ultimate” said Rob Lloyd, an AUDL co-founder and advisor. “The league welcomes new equity owners who share our focus of bringing this exciting and inclusive sport to a broader audience around the world”
Over the past six seasons the AUDL has demonstrated consistent audience growth in terms of social media, video minutes viewed and game attendance. The league has consolidated its online presence, signed a broadcast deal with Stadium Sports and hosted very successful and well attended Championship Weekend events. Our latest broadcast partnerships are expanding this audience even further.
“The league and its teams have worked very hard to create an exciting and engaging product enjoyed by many in the ultimate community and beyond” said Steve Gordon, league co-founder, CEO and Commissioner. “But we all recognize that we need to invest more money to tell our story to a broader audience of new fans and sponsors who will appreciate the excitement of our games, the engaging content we create and want to associate with values that the AUDL upholds”
The AUDL intends to increase its investments in marketing, ticket sales and sponsorship procurement as a result of a successful Small Open Public Offering.