The stock is listed on the New York Stock Exchange

Davis Polk advised the representative of the underwriters in connection with the $666 million secondary offering of 8,400,000 shares of Class A common stock of TKO Group Holdings, Inc. sold by the selling stockholder. TKO Group Holdings, Inc. repurchased 1,308,729 shares from the underwriters in the offering. The Class A common stock is listed on the New York Stock Exchange under the symbol “TKO.”

TKO is a premium sports and entertainment company that comprises UFC, the world’s premier mixed martial arts organization, and WWE, an integrated media organization and the recognized global leader in sports entertainment. Together, the organizations reach more than 1 billion TV households in approximately 170 countries, and they organize more than 350 live events year-round, attracting over one million fans. TKO is majority owned by Endeavor Group Holdings, Inc. (NYSE: EDR), a global sports and entertainment company.

The Davis Polk capital markets team included partner Michael Kaplan and associates Michael Stromquist, Rahul K. Patel, Yi Wang, Rachel Jang and Tomisin Ogunsanya. Partner Matthew J. Bacal and associate Brette L. Trost provided intellectual property advice. The tax team included partner Corey M. Goodman. Counsel Marcie A. Goldstein provided FINRA advice. All members of the Davis Polk team are based in the New York office.

Copy link to share post