Charleston, SC – Sport Venture Group, who wholly own nation.academy (a dba of dot academy llc), today initiated the filing of nation.academy inc. in Nevada. The filing is subject to approval by the Nevada Secretary of State. Upon approval nation.academy inc. will enter an agreement to acquire the assets of dot academy, llc.
The purpose of the filing and acquisition is to position nation.academy to become a publicly traded company upon succesful completion of filings with the Securities & Exchange Commission (SEC). Under the Jumpstart Our Business Startups Act’s (JOBS Act) Regulation A, nation.academy inc. will “Test the Waters” for interest in its Initial Public Offering (IPO) with retail and institutional investors.
“The road map of our business from day one was to become a publicly traded company to enable our access to the capital markets in order to achieve our mission of building 50 multisport facilities in the United States. This is the first step in that process as we initiate state filings and soon federal filings with regulators in the coming months while we look at strategic acquisitions and partnerships to differentiate our market offering,” noted Anthony Gebbia CEO of Sport Venture Group and interim CEO of nation.academy.
nation.academy inc. expects to announce its board and key management in the coming weeks.
nation.academy (a dba of dot academy llc) is a wholly owned subsidiary of Sport Venture Group. Its mission is to become a national academy brand by developing 50 multisport facilities around the country over the next 10 years whose players, parents and staff are always committed to training and competing at the highest level possible. The club started with volleyball as charleston.academy in 2018 season, rebranded to nation.academy in 2019, incorporated to nation.academy inc. while adding eSports in 2020 and expects to add Basketball, Soccer (futsal) and Sport Performance in 2021.
Securities Act Rule 163B
Securities Act Rule 163B, expands testing-the-waters accommodations to permit any issuer, or any person authorized to act on its behalf, to engage in oral or written communications with potential investors that are, or are reasonably believed to be, QIBs or IAIs, either prior to or following the filing of a registration statement, to determine whether such investors might have an interest in a contemplated registered securities offering.
forward looking statements
This release contains certain forward-looking statements relating to nation.academy, inc, and its subsidiary companies, which can be identified by the use of forward-looking terminology such as estimates, believes, anticipates, intends, expects and similar expressions. Such forward-looking statements involve known and unknown risks and uncertainties that may cause actual results to be materially different from those described herein as anticipated, believed, estimated or expected. Certain of these risks and uncertainties are or will be described in greater detail in our filings with the Securities and Exchange Commission. These forward-looking statements are based on nation.academy, inc.’s current expectations and beliefs concerning future developments and their potential effects on nation.academy, inc. There can be no assurance that future developments affecting thnation.academy, inc. will be those anticipated by the football co. These forward-looking statements involve a number of risks, uncertainties (some of which are beyond the control of the Company) or other assumptions that may cause actual results or performance to be materially different from those expressed or implied by such forward-looking statements. nation.academy, inc. undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws.
social media and web site statements
Consistent with the SEC’s April 2013 guidance on using social media outlets like Facebook and Twitter to make corporate disclosures and announce key information in compliance with Regulation FD the company is alerting investors and other members of the general public that the football co. will provide regular updates on operations and progress of the Company through its social media accounts and its corporate web site(s). Investors, potential investors and individuals interested in the Company are encouraged to keep informed by following us on our various social media accounts.
Currently, nation.academy, inc. has the following social media accounts upon which it may post information about the Company.
Certain major announcements will also be made through the SEC’s Edgar system upon acceptance of our public filing.
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