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Xtreme Fighting Championships (XFCI) announced new leadership appointments, including Tim Northup as Chief Financial Officer and Jeffrey Lambert to the Board of Directors, enhancing its management team as it looks to rebound post-COVID. With over 30 years of experience, Northup will develop the company’s financial strategy, aiming for SEC compliance and growth. Lambert brings extensive investor relations expertise, further strengthening the board's capabilities. The XFC plans to revitalize its brand with the first XFC Grand Prix on June 2, 2023, as part of a three-day event in Detroit, broadcasted nationally, marking a significant return to action. This strategic leadership change is intended to position XFC for accelerated growth and capitalize on its market potential.
Xtreme Fighting Championships (XFC) announces the return of the XFC Grand Prix™ event, set for June 2, 2023, at the Wayne State Fieldhouse in Detroit. This professional MMA fight night coincides with the Chevrolet Detroit Grand Prix weekend, marking a significant sports occasion in the city. Tickets will be available starting the week of May 1.
The XFC Grand Prix signifies the first MMA event at the new Wayne State Fieldhouse, aiming to attract fans of both motorsports and MMA. The event will be broadcast nationally and streamed globally, enhancing XFC's visibility and engagement. Leaders from both the XFC and Detroit Sports Commission express excitement about this landmark event, emphasizing its potential to elevate Detroit's status as a sports hub.
Xtreme Fighting Championships (XFC) has announced its first in-person event, Club Fight 1, taking place on November 19, 2022, in Orlando, Florida, following a period of virtual programming due to the pandemic. The event will feature a main title fight between Sarazua and Clarke in the 170lb weight class. Tickets for the event are already on sale, offering general admission and VIP options. The fight will also be broadcast live on the XFCTV Fightworld channel, reaching a global audience. XFC is recognized for its extensive MMA broadcast distribution and has over 83 exclusively signed fighters.
Xtreme Fighting Championships (XFC) reported a 487% increase in revenue to approximately $2.2 million for the fiscal year ended December 31, 2021, mainly due to fight sponsorship advertising. Operating expenses dropped by 68% to $4.6 million, while selling, general and administrative expenses saw a significant decrease of 80% to $2.7 million. The net loss was reduced to $2.4 million from $14.1 million in 2020. XFC aims for continued growth in FY2022, targeting new regions and talent in the expanding MMA market.
Xtreme Fighting Championships (XFC) announced the launch of Xtreme Fighting Championships Latin America (XFC LATAM) to co-produce fights across Latin America and sign fighters through XFC Tryouts. The newly established entity will initially trade under the ticker symbol 'EEGI', with plans to change to 'XFCL' pending approval. A new fight schedule for 2022-2023, alongside updated broadcasting partnerships and fighter signings, is expected to be revealed shortly. XFC is the first publicly traded international MMA organization, trading under the ticker 'XFCI'.
Xtreme Fighting Championships (XFC) announced a ticker symbol change from DKMRD to XFCI, effective Jan. 25, 2022, as it trades on the OTC market. This change marks a strategic re-launch for the company, which aims for a NASDAQ uplisting by late 2022. In 2021, XFC focused on expanding its broadcast partnerships and fighter roster to enhance growth. The recent event, YoungGuns 4, occurred on Dec. 10, 2021, and a complete fight schedule for 2022 will be unveiled soon. Shareholders do not need to take any actions regarding this ticker change.
Xtreme Fighting Championships, Inc. (XFC) announced that FINRA approved a reverse stock split and a change in stock symbol from DKMR to XFCI on December 17, 2021. The Board of Directors initiated these actions to enhance the brand's appeal to investors. Following the reverse stock split, XFC now has 132,444 outstanding shares. Chairman Steve Smith expressed excitement over the approval, emphasizing its importance in attracting institutional and retail investors. XFC aims to transition from a regional promotion to a global MMA league.
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