Lanka Premier League promoters IPG Group announce multimillion-dollar strategic funding from Nasdaq-listed partner
India, June 15 -- The Season 6 of the Lanka Premier League (LPL) is about to roll on July 10, and right before that the league has got a major financial booster.
LPL promoters, the Innovative Production Group FZ, LLC ("IPG") has received multi-million-dollar funding support from a United States based listed entity.
IPG has completed its strategic all-stock merger with Flash Sports & Media, Inc. ("Flash") bringing its portfolio of T20 league commercial rights - including the LPL to the NASDAQ-listed platform UGRO (NASDAQ: UGRO).
The move marks a significant moment for IPG and the leagues it manages, positioning them within a publicly governed structure built for scale. Backed by this new institutional structure, IPG will invest USD 20 M...
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