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Sportradar Group Priced, Nasdaq: SRAD

Provides software and data to the sports betting industry.

Industry: Technology

Latest Trade: $17.73 0.00 (0.0%)

First Day Return: -7.2%

Return from IPO: -34.3%

Industry: Technology

Sportradar is a leading technology platform enabling next generation engagement in sports, and the number one provider of business-to-business (“B2B”) solutions to the global sports betting industry based on revenue. We provide mission-critical software, data and content via subscription and revenue share arrangements to sports leagues, betting operators and media companies. Since our founding in 2001, we have been at the forefront of innovation in the sports betting industry and we continue to be a global leader in understanding, leveraging and monetizing the power of sports data. Our mission is to enhance sports fan engagement globally through our fully integrated technology and services platform. Sportradar offers one of the most robust and fully integrated sports data and technology platforms. We serve as a critical data infrastructure and content layer to the sports betting and media industries. On top of that infrastructure layer, we have built one of the most advanced and comprehensive software offerings. Our products simplify our customers’ operations, drive efficiencies and enrich fan experiences.
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IPO Data
IPO File Date 08/17/2021
Offer Price $27.00
Price Range $25.00 - $28.00
Offer Shares (mm) 19.0
Deal Size ($mm) $513
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 09/13/2021
Offer Price $27.00
Price Range $25.00 - $28.00
Offer Shares (mm) 19.0
Deal Size ($mm) $513
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
J.P. Morgan
Morgan Stanley
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Company Data
Headquarters St. Gallen, Switzerland
Founded 2001
Employees at IPO 2,366
Website www.sportradar.com

Sportradar Group (SRAD) Performance