XTREME ONE ENTERTAINMENT INC - XONI STOCK NEWS

Xtreme Fighting Championships (XFC) has launched a pioneering NIL division to scout and promote top-tier mixed martial arts athletes from collegiate wrestling programs and combat sports veterans. The collective NIL agreement reaches a total audience of 3.3 million users across major social media platforms. Notable ambassadors include Penn State University wrestlers, former UFC Champion Henry Cejudo, and UFC fighter Jeremy Stephens.

The initiative aims to elevate the XFC brand to diverse audiences and bridge the gap between MMA and wrestling fanbases. The partnership will debut at XFC 51: Evolution in Milwaukee on September 27, 2024. The main event features heavyweight fighters Alex Nicholson and Zac Pauga. The event will be available as a pay-per-view on TrillerTV for $24.99 and will also stream live to U.S. forces overseas via the American Forces Network.

Xtreme One Entertainment (OTCPink: XONI) has announced a strategic growth plan and a $10 million capital raise to accelerate investment in its sports brands, particularly the Xtreme Fighting Championships (XFC) MMA property. The company's board approved a comprehensive plan to expand events and operations. Key points include:

1. Finalizing a Regulation 1-A registration statement for the capital raise
2. Engaging L J Soldinger Associates for a two-year audit
3. Planning to file a Form 10 registration statement
4. Aiming to uplist to OTCQB in Q4 2024
5. Focusing on growing the XFC as a leading MMA development league
6. Intending to relaunch the 'Young Guns' series and international XFC events

The capital will be used for live event production, brand building, and pursuing strategic acquisitions to enhance long-term shareholder value.

Xtreme One Entertainment (OTCPink: XONI) has launched a groundbreaking shareholder perks program in partnership with TiiCKER, the world's first verified shareholder loyalty platform. This initiative, the first of its kind from a publicly traded sports company, offers exclusive rewards to XONI retail investors, including:

• 50% off general admission tickets to XFC events
• 25% off ringside tickets
• 50% off fan & shareholder swag store items
• Future plans for investor-only events, CEO fireside chats, and VIP experiences

The program aims to strengthen the bond between MMA fans and investors, enhancing shareholder engagement while energizing the MMA community. XONI, which produces live entertainment and sports, holds the exclusive license to Xtreme Fighting Championships (XFC) brands worldwide.

Xtreme One Entertainment (OTCPink:XONI) reported its Q2 2024 financial results, highlighting progress in live event execution and growth of the XFC brand. The company successfully produced XFC 50 and XFC Grand Prix II events, with the latter showing a 52% increase in ticket sales and a 71% increase in concurrent streams. Despite these achievements, Xtreme One incurred a loss of $2.0 million, or ($0.01) per diluted share, due to significant investments in live event production and brand building.

Key developments include an agreement with the U.S. Department of Defense to broadcast XFC events on the American Forces Network and preparations for XFC 51: Evolution in Milwaukee on September 27, 2024. The company's strategy focuses on being the premier league for emerging pro MMA fighters, attracting top-tier talent both in and out of the ring.

Xtreme Fighting Championships (XFC) announces XFC 51: Evolution, a live mixed martial arts event set for September 27 at the Baird Center in Milwaukee. The main event features heavyweight contenders Alex Nicholson and Zac Pauga. Local star Emmanuel Sanchez will face Kenneth Cross in another key matchup.

Tickets go on sale July 26, with prices ranging from $35 for general admission to $150 for VIP ringside seats. The event will be available as a pay-per-view on TrillerTV for $24.99 or free with a TrillerTV+ subscription. It will also stream live to U.S. forces overseas via the American Forces Network.

XFC aims to expand its footprint in the Midwest, showcasing both national names and local talent. The organization continues to position itself as a fan- and fighter-friendly platform for the next generation of MMA.

Xtreme One Entertainment (OTCPink: XONI) has signed an agreement with the U.S. Department of Defense's American Forces Network (AFN) to broadcast XFC mixed martial arts (MMA) events live for service members stationed overseas. The agreement, valid through December 31, 2025, enables more than 400,000 U.S. military personnel to view these events at no cost. XFC events will now reach a global audience of over 9 million viewers, enhancing the company's international presence. This partnership follows XFC's recent successful events and aligns with its growth strategy, including a previous deal with Triller TV. The first event under this new agreement will be XFC 51: Evolution.

Xtreme One Entertainment has appointed Chris Defendis as its new President, effective July 1. He succeeds Doug Kuiper, who served as interim President since October 2023. Defendis, an industry veteran with 20 years of experience, joined Xtreme One in March 2024 as Executive Vice President of Distribution. He previously held significant roles at WWE, Warner Brothers Discovery, and HBO, where he drove major revenue and growth strategies. Xtreme One's Board Chair, Jeff Lambert, highlighted Defendis' impressive track record and his ability to elevate partnerships and viewership for the XFC. Defendis expressed enthusiasm about leading the company at a pivotal time.

The XFC Grand Prix II, hosted by Xtreme Fighting Championships and presented by Xtreme One Entertainment, delivered an exhilarating night of MMA action in Detroit. Streamed via Triller TV, the event featured nine bouts, with standout performances from Rainn Guerrero, Alex Nicholson, and Kenny Cross. Guerrero earned Fight of the Night honors, while Nicholson won the heavyweight main event. The Masonic Temple's vintage ambiance added to the event's atmosphere, with 1,500 fans in attendance. The event's success is a positive step for Xtreme One Entertainment as it gains momentum for future events. Additionally, XFC engaged in community outreach with local non-profit Team GUTS, providing a memorable experience for students with special needs. For more details and exclusive merchandise, fans can visit XFCFight.com.

Xtreme One Entertainment (NASDAQ: XONI) has filed its fiscal first-quarter 2024 disclosure statement. The company reported a loss of $0.3 million, or $0.00 per diluted share, attributed to investments in logistical preparations for upcoming events.

Significant happenings include the successful execution of 'XFC 50: Resurrection' in Lakeland, FL, on April 12, 2024, and final preparations for 'XFC Grand Prix II' at the Masonic Temple in Detroit, MI, on May 31, 2024. Additionally, Xtreme One has entered a media distribution partnership with Triller TV for global pay-per-view streaming of its MMA events. Notably, Jenny Taft and Jeff Lambert have joined the board of directors.