• Non-convertible and unsecured promissory note issued
• Family office invests in promissory note
• No warrants issued
• Allows the business to continues to fund growth initiatives across the business
• Board changes with the appointment of Richard Paolone, Eric Corbett and Angel Liriano, and the resignation of Hugh Williams and Jonathan Hart.
  
   

New York, NY, April 11, 2025 (GLOBE NEWSWIRE) -- Mixed Martial Arts Group Limited (NYSE:MMA) ("MMA" or the "Company"), a pioneering technology company seeking to aggregate and drive participation in combat sports, today announced that it entered into a non-dilutive and unsecured $2,000,000 Revolving Loan Agreement dated April 7, 2025 (the "Revolving Loan Agreement"). The Revolving Loan accrues interest at a rate of 14% per annum and matures 12 months from issuance.

As part of the financing, Hugh Williams and Jonathan Hart resigned as directors of the Company, and Richard Paolone, Eric Corbett and Angel Liriano were appointed as directors of the Company.

Nick Langton, Founder and CEO of MMA, commented on the developments, stating, "Securing this financing is a significant achievement for MMA, reinforcing our balance sheet and providing the working capital needed to support our operations. I'm thrilled to welcome Richard, Eric, and Angel to our Board. Their diverse experience and strong leadership will bring fresh perspectives and valuable guidance as we continue to advance our community offerings within the sector and unlock value for our shareholders. I would also like to express my deep appreciation to Hugh and Jonathan for their dedication and meaningful contributions to MMA's journey. With strong leadership in place and a clear strategic path forward, we believe MMA is entering a dynamic new chapter of growth and opportunity."