Xtreme One Entertainment Announces $1.5 Million Private Placement

DETROIT, March 18, 2025 (GLOBE NEWSWIRE) -- Xtreme One Entertainment, Inc. (OTC:XONI), parent company of XFC Global Inc., the rapidly rising star in the world of mixed martial arts (MMA), today announced a $1.5 million private placement of common stock and warrants to purchase additional shares with a private family office based in the U.S.

Under terms of the private placement agreement, the Company will issue common stock and warrants under Rule 506 of Regulation D under the Securities Act of 1933. In exchange for $1.5 million in cash, the company will issue 15 million shares of its common stock ($0.10 per share) as well as 7.5 million warrants to purchase common shares for $0.20 per share with an expiration of March 31, 2028, and an additional 7.5 million warrants to purchase common shares for $0.25 per share with an expiration of March 31, 2029.

"This is a clear endorsement from an institutional investor on the ...