Sportradar Group AG (SRAD) Prices 19M Share IPO at $27/sh

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Sportradar Announces Pricing of Initial Public Offering

September 13, 2021 10:12 PM EDT

NEW YORK & ST. GALLEN, Switzerland--(BUSINESS WIRE)-- Sportradar Group AG (Sportradar), a leading global provider of sports betting and sports entertainment products and services, and the number one provider of business-to-business solutions to the global sports betting industry based on revenue, today announced the pricing of its initial public offering of 19,000,000 Class A ordinary shares at a price to the public of $27.00 per share. In addition, Carsten Koerl, Sportradars founder and CEO, has granted the underwriters a 30-day option to purchase up to an additional 2,850,000 Class A ordinary shares at the initial public offering price.

The shares... More