NEW YORK--(BUSINESS WIRE)--Feb. 7, 2018--
Alliance MMA, Inc. ("Alliance MMA" or the "Company") (Nasdaq: AMMA)
announced today that Robert L. Mazzeo has been appointed as the
Company’s acting Chief Executive Officer effective immediately.
A graduate of Brown University and Yale Law School, Mr. Mazzeo has been
a partner in the law firm of Mazzeo Song P.C. since 2005, where his
practice involved securities transactions and mergers and acquisitions.
Mr. Mazzeo has also served as Chief Executive Officer of Enclave Capital
LLC, an SEC-registered brokerage/investment banking firm, which he
founded in 2006.
“I’m looking forward to applying my skills and experience, including the
successful completion of hundreds of funding transactions, to ensure
that the Company is sufficiently capitalized and continues to progress
towards profitability,” said Mr. Mazzeo.
Paul K. Danner III, the Company’s former Chief Executive Officer, today
provided formal notice of his intent to pursue other career
opportunities at the expiration of his employment agreement with the
Company on May 1, 2018. Until that time, the Company’s expects that he
will serve as a senior advisor to management and other members of the
Board of Directors with the goal of effecting a smooth and orderly
transition prior to his departure.
About Alliance MMA, Inc.
Alliance MMA is a professional mixed martial arts company that combines
premier regional promotions with event ticketing and fighter management
MMA is the world’s fastest-growing sport with approximately 300 million
fans worldwide, according to sports marketing research firm Repucom. MMA
is a full contact sport that allows a wide range of fighting techniques,
including striking and grappling, from various martial arts and
disciplines such as boxing, wrestling, Brazilian jiu jitsu, karate, and
Muay Thai. Professional MMA fights are legal and regulated by state
athletic commissions in all 50 states.
Alliance MMA, Inc. was formed in 2015 for the purpose of acquiring
businesses that engage in the promotion of MMA events and related
activities. In 2016, the Company completed an initial public offering
that culminated in a listing on the NASDAQ stock exchange. Alliance MMA
is the only MMA promotion company that is publicly-traded (Nasdaq: AMMA).
For more information, visit www.alliancemma.com.
This press release contains forward-looking statements within the
meaning of the federal securities laws. These statements relate to
anticipated future events, future results of operations or future
financial performance. In some cases, you can identify forward-looking
statements by terminology such as “may,” “might,” “will,” “should,”
“intends,” “expects,” “plans,” “goals,” “projects,” “anticipates,”
“believes,” “estimates,” “predicts,” “potential,” or “continue” or the
negative of these terms or other comparable terminology. Actual results
may differ materially from historical results or those indicated by
these forward-looking statements as a result of a variety of factors
including, but not limited to, those discussed under the heading “Risk
Factors” in our Annual Report on Form 10-K for the year ended December
31, 2016 filed with the Securities and Exchange Commission on April 17,
2017. Alliance MMA encourages you to review other factors that may
affect its future results in its other filings with the Securities and
View source version on businesswire.com: http://www.businesswire.com/news/home/20180207005682/en/
Source: Alliance MMA, Inc.
Alliance MMA, Inc.
James Platek, 212-739-7825