**TKO Group Files Supplemental Information Regarding Professional Bull Riders Acquisition**

TKO Group Holdings, Inc. recently submitted a Form 8-K to the Securities and Exchange Commission to provide supplemental details regarding its proposed acquisition of the Professional Bull Riders, On Location, and IMG businesses from Endeavor Group Holdings, Inc. The Information Statement, filed on December 10, 2024, includes unaudited pro forma financial information, combined financial statements, and unaudited combined financial statements related to the transaction.

The provided Pro Forma Financial Information does not reflect actual results but offers insights into the potential financial impact of the combined entities. Included are statements covering the nine months ended September 30, 2024, and the years ending December 31 for 2021, 2022, and 2023. These details aim to enhance the transparency and understanding of the acquisition’s effects.

In its filing, TKO Group acknowledges the forward-looking nature of the statements, employing all necessary caution and utilizing safe harbor provisions for such projections. The Company highlighted various risks associated with the transaction, including delays or failure in consummating the acquisition, the realization of anticipated benefits, and potential regulatory hurdles.

Alongside the financial data, TKO Group presented several exhibits, including the consent of Deloitte & Touche LLP and various financial statements. These documents aim to provide a comprehensive view of the transaction’s implications and the financial health of the involved entities. The Company underlined the importance of these disclosures in meeting regulatory obligations and keeping investors informed.

Looking ahead, TKO Group emphasized that forward-looking statements remain subject to change based on various factors and external conditions. The Company committed to updating stakeholders promptly should circumstances alter, following the required legal provisions.

In addition to the financial details, the filing included recent accounting pronouncements, highlighting changes in reporting structures and disclosures. These adjustments align with evolving standards and aim for enhanced transparency in financial reporting.

As initial market reactions unfold, stakeholders eagerly anticipate further developments and official closing statements regarding the proposed acquisition. TKO Group’s thorough disclosure approach signifies a commitment to transparency and regulatory compliance in its business dealings.

(All financial figures are in thousands)

This article was generated by an automated content engine and was reviewed by a human editor prior to publication. For additional information, read TKO Group’s 8K filing here.

About TKO Group

TKO Group Holdings, Inc operates as a sports and entertainment company. The company produces and licenses live events, television programs, and long-form and short-form content, reality series, and other filmed entertainment on digital and linear channels and via pay-per-view. It is involved in the merchandising of video games, apparel, equipment, trading cards, memorabilia, digital goods, and toys, as well as sale of travel packages and tickets.