XDATA – September 8th 2014
The Whistle disclosed selling 43% of its $30 million non-brokered equity offering to fifty-two investors. The sale started on August 22nd according to the document filed at the SEC. The offering will remain open until August 2015 while an additional $17 million worth of securities is sold to investors. Until this disclosure The Whistle had raised an estimated $7.98 million in unregistered securities via one previous financing round.
The company is the first sports entertainment platform built to engage and activate the new generation of fans and athletes. The company has over 130 content creators made up of leagues, brands, teams, events, athletes and entertainers all focused on sports. Content is distributed via web, youTube, gaming consoles (xbox) and other social media outlets.
The company is headquartered in Boston MA. The Whistle elected to keep its revenues undisclosed.
The executive team includes Jeffrey S Urban, John J West and Susan E Pravda.
The board of directors includes Mark W Adams.
The company has raised an estimated total of $20.98 million via private unregistered security offerings.
The Whistle is registered under the name Kids Sports Entertainment
Status: First close
Company: The Whistle
Amount offered: $30 million
Amount placed: $13 million
First sale: 08-22-2014
Data as of: 09-08-2014