Raine

AppLovin Announces Pricing of Secondary Public Offering of Common Stock and Concurrent Share Repurchase

Retrieved on: 
Thursday, February 29, 2024
Software, Marketing, Artificial Intelligence, Data Management, Communications, Professional Services, Technology, Business, Attention, Prospectus, EDGAR, Sale, AppLovin, Form, PBC, LionTree, Raine, Communication, BofA Securities, Goldman Sachs, Form S-3, Citigroup, Stern, Security (finance)

AppLovin will not receive any proceeds from the sale of its Class A common stock by the Selling Stockholder in the offering.

Key Points: 
  • AppLovin will not receive any proceeds from the sale of its Class A common stock by the Selling Stockholder in the offering.
  • In addition, AppLovin intends to repurchase approximately $570.0 million of the shares of Class A common stock being offered in the offering at the same per share price to be paid by the underwriters to the Selling Stockholder in the offering, inclusive of underwriting discounts and commissions (the “Concurrent Share Repurchase”).
  • The Concurrent Share Repurchase is conditioned upon the completion of the offering and therefore there can be no assurance that the Concurrent Share Repurchase will be completed.
  • The offering is not conditioned upon the completion of the Concurrent Share Repurchase.

Castore announces £145 million investment from The Raine Group, Hanaco Ventures and Felix Capital

Retrieved on: 
Wednesday, November 29, 2023
Sports, Licensing (Sports), Banking, Online Retail, Professional Services, Other Sports, Business, Fashion, Retail, Footwear, Finance, Allen & Overy, Multimedia, Partner, Growth, Athleisure, Rothschild & Co, Sport, Castore, Tennis, Raine, Football

The Raine Group is a leading global strategic advisory and investment firm specialized in media, entertainment and sports.

Key Points: 
  • The Raine Group is a leading global strategic advisory and investment firm specialized in media, entertainment and sports.
  • Hanaco Ventures and Felix Capital also participated in the investment through their respective growth funds.
  • View the full release here: https://www.businesswire.com/news/home/20231129474386/en/
    The £145 million investment round will support Castore’s efforts to continue to disrupt the premium sportswear market and global team sports landscape.
  • Raine and our fellow coinvestors’ deep expertise across these industries helped us immediately understand the impact Castore can have on its clients.

talkshoplive® Announces $6 Million In Additional Seed Funding Led by Raine Ventures

Retrieved on: 
Thursday, July 8, 2021
Finance, Money, Raine, Angel investor, Venture capital, Financial economics

TSL's seed extension financing is led by Raine Ventures, the venture capital arm of the Raine Group , which has deep relationships and expertise in media, entertainment, commerce and distribution.As TSL continues to expand adoption of its proprietary shoppable and embeddable player, the partnership with Raine creates additional opportunities for mass livestream commerce adoption.

Key Points: 
  • TSL's seed extension financing is led by Raine Ventures, the venture capital arm of the Raine Group , which has deep relationships and expertise in media, entertainment, commerce and distribution.As TSL continues to expand adoption of its proprietary shoppable and embeddable player, the partnership with Raine creates additional opportunities for mass livestream commerce adoption.
  • "Gordon Rubenstein and Raine, along with an incredible syndicate of angel investors, bring unique insights and credibility, adding tremendous value to TSL as we expand our network worldwide."
  • We believe that talkshoplive has a differentiated technology and strategy that will continue to drive adoption of live commerce," Gordon Rubenstein, Managing Partner of Raine Ventures, said.
  • In addition to Raine, a syndicate of prominent angel investors are joining the seed extension financing.

David Levy Joins Raine Group as Senior Advisor

Retrieved on: 
Monday, April 13, 2020
Raine, Ravitch

NEW YORK, April 13, 2020 /PRNewswire/ --The Raine Group, a global merchant bank focused exclusively on technology, media and telecommunications, today announced that David Levy has joined the firm as a Senior Advisor.

Key Points: 
  • NEW YORK, April 13, 2020 /PRNewswire/ --The Raine Group, a global merchant bank focused exclusively on technology, media and telecommunications, today announced that David Levy has joined the firm as a Senior Advisor.
  • He will work with Raine on identifying and executing investment and advisory opportunities and will be based in New York.
  • Raine Group co-founder Joe Ravitch said, "I have been fortunate to know David for over 25 years and witnessed his tremendous impact on the sports and entertainment industry.
  • Raine Group partner Colin Neville who leads Raine's sports practice said, "David is a legendary figure in sports and media who brings a creative, forward-thinking approach to opportunities and problem solving.