STOCK TITAN

Global Acquisitions Corp. Announces Global Sports Entertainment and Media Operating Strategy

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)

Global Acquisitions Corp (OTC Pink:AASP) has announced its new operating strategy to become a leader in the global sports entertainment and media industry, with an initial focus on court sports, particularly pickleball and padel. The company is collaborating with tennis legend Andre Agassi, a significant shareholder, who brings his experience as a World Number 1, 8-time Grand Slam winner, and Olympic Gold Medalist. CEO Ronald Boreta emphasized their unique positioning through Agassi's global leadership to play a key role in consolidating these expanding sports opportunities. The company plans to evaluate co-branding and acquisition opportunities with leading operators in these growing markets.

Global Acquisitions Corp (OTC Pink:AASP) ha annunciato la sua nuova strategia operativa per diventare un leader nell'industria globale dell'intrattenimento sportivo e dei media, con un focus iniziale sugli sport di racchetta, in particolare pickleball e padel. L'azienda sta collaborando con la leggenda del tennis Andre Agassi, un azionista significativo, che porta la sua esperienza di essere stato numero 1 al mondo, vincitore di 8 finali del Grande Slam e medaglia d'oro olimpica. Il CEO Ronald Boreta ha sottolineato la loro posizione unica grazie alla leadership globale di Agassi, il quale giocherà un ruolo chiave nel consolidare queste opportunità sportive in espansione. L'azienda prevede di valutare opportunità di co-branding e acquisizione con operatori leader in questi mercati in crescita.

Global Acquisitions Corp (OTC Pink:AASP) ha anunciado su nueva estrategia operativa para convertirse en un líder en la industria global del entretenimiento deportivo y los medios, con un enfoque inicial en los deportes de raqueta, en particular pickleball y padel. La compañía está colaborando con la leyenda del tenis Andre Agassi, un accionista importante, que aporta su experiencia como número 1 del mundo, ganador de 8 títulos de Grand Slam y medallista de oro olímpico. El CEO Ronald Boreta enfatizó su posición única a través del liderazgo global de Agassi para desempeñar un papel clave en la consolidación de estas oportunidades deportivas en expansión. La empresa planea evaluar oportunidades de co-marca y adquisición con operadores líderes en estos mercados en crecimiento.

Global Acquisitions Corp (OTC Pink:AASP)는 글로벌 스포츠 엔터테인먼트 및 미디어 산업의 선두주자가 되기 위한 새로운 운영 전략을 발표했으며, 처음에는 픽클볼과 패들 같은 라켓 스포츠에 중점을 두고 있습니다. 이 회사는 세계 1위, 8회 그랜드 슬램 우승자이자 올림픽 금메달리스트인 테니스 전설 안드레 아가시와 협력하고 있으며, 그는 중요한 주주입니다. CEO인 로널드 보레타는 아가시의 글로벌 리더십을 통해 이들이 성장하는 스포츠 기회를 통합하는 데 중요한 역할을 할 것이라는 독특한 입지를 강조했습니다. 이 회사는 이러한 성장하는 시장에서 선도하는 운영자들과의 공동 브랜드 및 인수 기회를 평가할 계획입니다.

Global Acquisitions Corp (OTC Pink:AASP) a annoncé sa nouvelle stratégie opérationnelle pour devenir un leader dans l'industrie mondiale du divertissement sportif et des médias, avec un accent initial sur les sports de raquette, notamment le pickleball et le padel. L'entreprise collabore avec la légende du tennis Andre Agassi, un actionnaire clé, qui apporte son expérience en tant que numéro 1 mondial, vainqueur de 8 tournois du Grand Chelem et médaillé d'or aux Jeux Olympiques. Le PDG Ronald Boreta a souligné leur position unique grâce au leadership mondial d'Agassi pour jouer un rôle clé dans la consolidation de ces opportunités sportives en expansion. L'entreprise prévoit d'évaluer des opportunités de co-branding et d'acquisition avec des opérateurs leaders dans ces marchés en pleine croissance.

Global Acquisitions Corp (OTC Pink:AASP) hat seine neue Betriebsstrategie angekündigt, um ein führendes Unternehmen in der globalen Sportunterhaltungs- und Medienbranche zu werden, mit einem anfänglichen Fokus auf Rückschlagsportarten, insbesondere Pickleball und Padel. Das Unternehmen kooperiert mit der Tennislegende Andre Agassi, einem wichtigen Aktionär, der seine Erfahrung als ehemaliger Weltranglistenerster, 8-facher Grand Slam-Sieger und olympischer Goldmedaillengewinner einbringt. CEO Ronald Boreta betonte ihre einzigartige Positionierung durch Agassis globale Führung, um eine Schlüsselrolle bei der Konsolidierung dieser wachsenden Sportmöglichkeiten zu spielen. Das Unternehmen plant, Co-Branding- und Akquisitionsmöglichkeiten mit führenden Betreibern in diesen wachsenden Märkten zu evaluieren.

Positive
  • Partnership with high-profile sports icon Andre Agassi
  • Strategic entry into rapidly growing pickleball and padel markets
  • Potential for market consolidation through acquisitions
Negative
  • No specific revenue projections provided
  • Early-stage strategy with no concrete business operations yet
  • Operating in highly competitive sports entertainment market

LAS VEGAS, NV / ACCESSWIRE / November 1, 2024 / Global Acquisitions Corp ("Global" or the "Company") (OTC Pink:AASP) announced today that it has launched an operating strategy to become a leader in the global sports entertainment and media industry and is collaborating with tennis legend Andre Agassi, a long-time significant shareholder in the company. Global's efforts are initially focused on court sports, beginning with planned growth opportunities associated with branding and growing the pickleball and padel industries, both of which are currently experiencing significant growth. Global expects its publicly traded structure to provide a way for the investing public to participate in these exciting and rapidly growing markets.

Mr. Agassi, a global sports icon having been a World Number 1, 8-time Grand Slam winner, and an Olympic Gold Medalist during his Hall of Fame tennis career, has become one of the highest profile leaders growing pickleball around the world through his participation, endorsements, and investments.

Commenting on the newly adopted strategic direction for Global, CEO Ronald Boreta stated, "We are excited to launch Global as an operating company by leaning into what we believe are our unique advantages to build value for our stakeholders, both now and in the future, by focusing on sports entertainment. We further believe we are ideally positioned in court sports through Andre's global leadership in the industry to play a leading role in the consolidation of these highly exciting and expanding sports opportunities. To expedite our mission of building a dominant brand within the pickleball and padel industries, we plan to evaluate co-branding and acquisition opportunities with ‘Best of Class' operators in key segments of these fast-growing markets. We look forward to working closely with Andre toward that goal."

Adding to Mr. Boreta's comments, Mr. Agassi stated, "Initially, I started playing pickleball for fun with family and friends. I quickly realized just what this sport can offer to peoples' lives. It brings community together, bridges generational gaps and transcends cultural barriers, all while promoting health of body and mind. For these reasons and more, I am excited to support Global's initiatives to grow the business of pickleball and the other racquet sports worldwide."

Forward-Looking Statements

This press release includes "forward-looking statements", including information about management's view of the Company's future expectations, plans and prospects. Words such as "expect," "estimate," "project," "budget," "forecast," "anticipate," "intend," "plan," "may," "will," "could," "should," "believes," "predicts," "potential," "continue" and similar expressions are intended to identify such forward-looking statements. These forward-looking statements involve significant risks and uncertainties that could cause the actual results to differ materially from the expected results and, consequently, you should not rely on these forward-looking statements as predictions of future events. These forward-looking statements and factors that may cause such differences include, without limitation, the ability of the Company to raise funding to support its operational plans, the terms of such financing and potential dilution caused thereby; the ability of the Company to compete the steps necessary to undertake its current operational plan, the costs associated therewith, timing relating thereto, and the ability of the Company to generate revenues associated therewith; the concentration of ownership of the Company's securities; the market for the Company's planned services, including the market for pickleball and padel; competition in the Company's industry; the Company's ability to fully comply with numerous federal, state and local laws and regulatory requirements; current negative operating cash flows and a need for additional funding to finance our operating plans; the terms of any further financing, which may be highly dilutive and may include onerous terms, increases in interest rates which may make borrowing more expensive and increased inflation which may negatively affect costs, expenses and returns; geopolitical events and regulatory changes; and the effect of changing interest rates and inflation, economic downturns and recessions, declines in economic activity or global conflicts. These risk factors and others are included from time to time in documents the Company files with the Securities and Exchange Commission, including, but not limited to, its Form 10-Ks, Form 10-Qs and Form 8-Ks. These reports and filings are available at www.sec.gov. All subsequent written and oral forward-looking statements concerning the Company or any person acting on its behalf are expressly qualified in their entirety by the cautionary statements above. Readers are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made, including the forward-looking statements included in this press release, which are made only as of the date hereof. The Company cannot guarantee future results, levels of activity, performance or achievements. Accordingly, you should not place undue reliance on these forward-looking statements. The Company does not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statement to reflect any change in its expectations or any change in events, conditions, or circumstances on which any such statement is based, except as otherwise provided by law.

Ron Boreta
Director and CEO
Global Acquisitions Corp.
702-400-4005

SOURCE: Global Acquisitions Corporation



View the original press release on accesswire.com

FAQ

What is Global Acquisitions Corp's (AASP) new business strategy?

Global Acquisitions Corp (AASP) is implementing a strategy to become a leader in the global sports entertainment and media industry, focusing initially on court sports, specifically pickleball and padel.

How is Andre Agassi involved with Global Acquisitions Corp (AASP)?

Andre Agassi is a significant shareholder in Global Acquisitions Corp and is collaborating with the company to grow their presence in court sports, particularly in the pickleball industry.

What markets is Global Acquisitions Corp (AASP) targeting in 2024?

Global Acquisitions Corp is targeting the pickleball and padel markets, planning to pursue co-branding and acquisition opportunities with leading operators in these sectors.

GLOBAL ACQUISITIONS CORP

OTC:AASP

AASP Rankings

AASP Stock Data

28.61M
1.31M
57.88%
Shell Companies
Financial Services
United States of America
Las Vegas