Nazara Technologies Limited

73.27%

ompany of Sportskeeda has signed definitive agreements, subject to closing conditions, to acquire a 73.27% stake in Pro Football Network LLC, a premier source of coverage and analysis of the National Footb

5 Million

ll Network LLC operates its website www.profootballnetwork.com . With a monthly active user base of 5 Million, the site ranks amongst the top three NFL focused websites (Similarweb, Jan ’23) The company also

2.1 million

network.com, which focuses on the college football market in the US. For CY22, PFN had revenues of $2.1 million (equivalent to INR 17.5 crores). Deal Structure Absolute Sports, through its subsidiary Sportske

INR 17.5 crore

on the college football market in the US. For CY22, PFN had revenues of $2.1 million (equivalent to INR 17.5 crores). Deal Structure Absolute Sports, through its subsidiary Sportskeeda Inc. will acquire 73.3% st

73.3%

.5 crores). Deal Structure Absolute Sports, through its subsidiary Sportskeeda Inc. will acquire 73.3% stake for $1.82 million (equivalent to INR 16 crores) through a combination of primary investment

1.82 million

l Structure Absolute Sports, through its subsidiary Sportskeeda Inc. will acquire 73.3% stake for $1.82 million (equivalent to INR 16 crores) through a combination of primary investment and secondary purchase f

INR 16 crore

, through its subsidiary Sportskeeda Inc. will acquire 73.3% stake for $1.82 million (equivalent to INR 16 crores) through a combination of primary investment and secondary purchase from its existing shareholder

10%

n is funded through internal accruals Further, Sportskeeda Inc, reserves an option to acquire up to 10% and up to 8% additional stock of the Pro Football Network LLC in CY24 and CY25 respectively. • Wi

8%

rough internal accruals Further, Sportskeeda Inc, reserves an option to acquire up to 10% and up to 8% additional stock of the Pro Football Network LLC in CY24 and CY25 respectively. • With more than

5 million

ock of the Pro Football Network LLC in CY24 and CY25 respectively. • With more than an average of 5 million MAUs, Pro Football Network is widely recognized as one of the best NFL-focused sports sites and is