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Xtreme One Entertainment Inc (QB) XONI

Xtreme One Entertainment, Inc. engages in the live sports and event marketing businesses. The company is involved in the promotion and staging of mixed martial arts (MMA) fights under the Xtreme Fighting Championships name. The company was formerly known as CannaGrow Holdings, Inc. and changed its name to Xtreme One Entertainment, Inc. in December 2023. Xtreme One Entertainment, Inc. was incorporated in 1995 and is based in Grand Rapids, Michigan.


OTCQB:XONI - Post by User

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  • AveragePennyX
Post by AveragePennyon Oct 09, 2025 11:08am
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Post# 36744617

Xtreme One Entertainment Board Approves Strategic Expansion

Xtreme One Entertainment Board Approves Strategic Expansion

GRAND RAPIDS, Mich., Oct. 09, 2025 (GLOBE NEWSWIRE) -- The Board of Directors of Xtreme One Entertainment, Inc. (OTCPink: XONI) (“Xtreme One”), a leading innovator in live sports and entertainment and the parent company of Xtreme Fighting Championships (XFC), announced it approved a multi-tiered strategy set to kick off this month with the expected completion of its audited financials. The expansion plan, fueled by a planned $25 million Tier 2 Regulation A (Reg A) stock offering, includes a planned uplisting from the OTC Pink Sheets to the OTCQB Venture Market, beginning its M&A strategy aimed at adding complementary regional mixed martial arts (MMA) promotions, and a Board sub-committee aimed at entering a new sports vertical through M&A.

The Board also reviewed an independent valuation of Xtreme One, which it commissioned from the sports and entertainment practice at a top 10 U.S. accounting firm in advance of pricing Xtreme One’s planned Reg A offering. The Board accepted and approved an independent valuation of $46 million, a significant premium to the Company’s current market capitalization, underscoring its growth trajectory, the fast-growing sports category, and the need for Xtreme One to move up to a more liquid, higher exposure market.  

“The last two years under the leadership of a new Board and new management team have been focused on execution, disciplined growth, and building on the 20-year heritage of the XFC as the development league for the next generation of great MMA fighters,” said Xtreme One Chairman of the Board Jeff Lambert. “We’re poised to be to the UFC what the G-League is to the NBA or what minor league baseball is to the MLB, and discovering, developing and launching pro MMA athletes to the pinnacle of the sport.

“We’ve laid the groundwork for a breakout fourth quarter that will see us do our first international fight in a decade, close on our first M&A deal, and deliver on our promise to expand into a complementary sports vertical to leverage our media, production and marketing expertise,” Lambert added.

Xtreme One said it expects to complete its long-anticipated financial audit by the end of October 2025 and will immediately file to uplist to the OTCQB exchange. The Audit will also trigger the Company filing an amended Reg A offering with the SEC to raise up to $25 million. Xtreme One received SEC qualification for its Reg A offering in the first quarter of 2025, but elected to pursue the more rigorous, yet greater reach and scale potential afforded by a Tier 2 Reg A offering, which requires two years of audited financials among other standards.

 

https://www.globenewswire.com/news-release/2025/10/09/3164149/0/en/Xtreme-One-Entertainment-Board-Approves-Strategic-Expansion-Including-up-to-25-Million-Capital-Raise-Planned-Uplisting-to-OTC-and-Near-Term-M-A-Strategy-in-Mixed-Martial-Arts-New-S.html


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