Twitter/Ariel Helwani
The New York Stock Exchange is gearing up for the first day of trading for WWE & Endeavor’s TKO Group Holdings.
The merger between the two companies will bring WWE and UFC under the same umbrella company with the transaction expected to close on September 12, 2023.
As previously reported, the result of the merger will see the company trading on the NYSE as TKO.
With the NYSE due to open for Tuesday’s trading shortly, a photo has emerged showing the outside of the building at 11 Wall St, New York.
The photo shows a massive banner bearing the UFC and WWE logos, with the TKO logo in between the two.
In front of the building are equally impressively sized UFC and WWE championship belts.
It has now been announced that Endeavor CEO Ariel Emanuel will ring the Opening Bell today to commemorate TKO trading.
The following was shared by the NYSE (via PWInsider):
TKO Group Holdings, Inc. (NYSE: TKO) Rings The Opening Bell®
SEPTEMBER 12TH, 2023 @ 9:26 AM – 9:30 AM EDT
OPENING BELL
The New York Stock Exchange welcomes executives and guests of TKO Group Holdings, Inc. (NYSE: TKO) to celebrate its listing. To honor the occasion, Ariel Emanuel, Chief Executive Officer, will ring The Opening Bell.
Endeavor has now officially announced that the transaction between WWE and UFC is now closed, meaning that the two companies have officially been merged into TKO Group Holdings.
You can read the official statement announcing this right here.
This is the view outside the New York Stock Exchange this AM.
Massive day for UFC, WWE and Endeavor.
TKO Group Holdings will trade on the New York Stock Exchange as of today under the ticker symbol TKO. The deal is official. pic.twitter.com/ugmLXfEK3Y
— Ariel Helwani (@arielhelwani) September 12, 2023
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