Summary by Futu AI
Anped Sporting Goods Limited (“Anped Sports”) announced on January 4, 2024 that Amer Sports, Inc. a non-wholly-owned subsidiary of its joint venture Amer Sports Holding (Cayman) Limited has filed with the U.S. Securities and Exchange Commission (SEC) a registration statement for an initial public offering (IPO) with plans to include the common shares of Amer Sports in Amer Sports Listed on the New York Stock Exchange. Amer Sports reported revenue of $3,053.4 million for the nine months prior to 2023, up 29.9% over the same period in 2022, but net loss increased to $113.9 million and adjusted EBITDA increased significantly by 61.3% to $422.1 million. AMPED SPORTS REMINDS SHAREHOLDERS AND POTENTIAL INVESTORS THAT THE REGISTRATION STATEMENT HAS NOT YET TAKEN EFFECT AND WHETHER THE PROPOSED LISTING IS SUCCESSFUL IS UNCERTAIN AND IS AFFECTED BY A VARIETY OF FACTORS, INCLUDING MARKET CONDITIONS, ETC. Investors should be cautious when trading esports securities.