NetworkNewsBreaks – B2Digital, Inc. (BTDG) Annou
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B2Digital (OTC: BTDG) today announced its acquisition of Strike Hard Productions of Alabama, effective immediately, and also provided a business update. Per the terms of the acquisition agreement, B2Digital acquired 100% of the equity interests in Strike Hard Productions for a combination of cash and shares of BTDG’s restricted common stock. “We have been looking for ways to expand Strike Hard Productions in Alabama and Mississippi, and the expertise of B2Digital CEO Greg Bell and the success of the Company’s LIVE events and technologies are why we decided to join the B2 Fighting Series,” Jamie Sullivan, who will remain the CEO of Strike Hard Productions post-acquisition, said in the news release. “This will allow us to supply our champions and fighters with additional opportunities to develop their MMA skills and advance to the MMA major leagues.”
B2Digital also announced filing of financial results for the full year of FY 2018-2019, as well as for Q1 of fiscal year 2019-2020. According to the update, on Sept. 5, 2019, the company filed a 1-A POS filing with the U.S. Securities and Exchange Commission to provide updated information as it aspires to become a fully reporting company and strategizes its uplisting with OTC Markets.
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