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Australia-based fitness program provider Alta Global Group files for a $17 million US IPO

November 17, 2023

Alta Global Group, which provides martial art and combat sport training through a network of partner gyms, filed on Friday with the SEC to raise up to $17 million in an initial public offering.

Alta offers a platform for martial arts and combat sports, featuring four core products: the Warrior Training Program, UFC Fight Fit Program, Alta Academy, and the Alta Community. To date, the company has monetized its Warrior Training Program. Alta's partner gym communities include martial arts and combat sports gym operations that span a range of training disciplines.

The Manly, Australia-based company was founded in 2013 and booked $1 million in revenue for the 12 months ended June 30, 2023. It plans to list on the NYSE American under the symbol ALGG. Alta Global Group filed confidentially on September 13, 2023. ThinkEquity is the sole bookrunner on the deal. No pricing terms were disclosed.