UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
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Emerging growth company
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Item 7.01 | Regulation FD Disclosure. |
On December 8, 2022, B2Digital, Incorporated, a Delaware corporation (the “Company”), issued a press release which announced the upcoming launch of the B2 Sports Network, a 24/7 linear cable TV style streaming channel that will carry Combat Sports content produced by B2Digital. Pursuant to the rules and regulations of the Securities and Exchange Commission (the “SEC”), the information in this Item 7.01 disclosure, including Exhibit 99.1, and the information set forth therein, is deemed to have been furnished to, and shall not be deemed to be “filed” with, the SEC.
The press release may contain forward-looking statements. Such forward-looking statements are based on information presently available to the Company’s management and are current only as of the date made. Actual results could also differ materially from those anticipated as a result of a number of factors, including, but not limited to, those discussed in the Company’s Annual Report on Form 10-K for the year ended March 31, 2022, and subsequent reports filed by the Company with the SEC. For those reasons, undue reliance should not be placed on any forward-looking statement. The Company assumes no duty or obligation to update or revise any forward-looking statement, although it may do so from time to time as management believes is warranted or as may be required by applicable securities law. Any such updates or revisions may be made by the Company by filing reports with the SEC, through the issuance of press releases or by other methods of public disclosure.
Item 9.01 | Financial Statements and Exhibits |
(d) Exhibits.
Exhibit No. | Description |
99.1 | Press Release dated December 8, 2022 |
104 | The cover page from this Current Report on Form 8-K, formatted in Inline XBRL |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
B2Digital, Incorporated
| ||
Date: December 8, 2022 | By: | /s/ Greg P. Bell |
Greg P. Bell, Chief Executive Officer |
2 |
Exhibit 99.1
B2Digital to Launch B2 Sports Network (B2SN) Combat Sports Streaming Channel in $90B Streaming Marketplace
TAMPA, FL, December 8, 2022 (GLOBE NEWSWIRE) – B2Digital, Incorporated (the “Company” or “B2Digital”) (OTCMKTS:BTDG), the premier development league for mixed martial arts (“MMA”), is excited to announce the upcoming launch of the B2 Sports Network (“B2SN”), a 24/7 linear cable TV style streaming channel that will carry Combat Sports content produced by B2Digital.
“We have already communicated with multiple over-the-top streaming platforms, and we believe we are in a prime position to launch B2SN with wide distribution coverage because we have a built-in capability to film, produce, and stream our own combat sports content,” stated Greg P. Bell, Chairman and CEO of B2Digital.
B2SN is slated to be a 24/7 Linear Cable TV Style channel carrying B2 Fighting Series (“B2FS”) combat sports content, which will include past fights as well as live coverage of future B2FS events. The Company plans to launch B2SN in Q1 2023 on operating OTT networks.
According to Verified Market Research, the Sports Online Live Video Streaming Market is expected to grow at a CAGR of nearly 25% from 2022 to 2030, reaching a total size of over $93 billion.
Bell added, “Streaming just passed traditional cable this year for the first time. Cable will never retake that lead. The future is streaming. Streaming combat sports content is a huge driver in that equation and a major opportunity. With our in-house resources and experience on the production side and our award-winning combat sports content, B2 is positioned for leadership in that market.”
The B2SN, B2 Sports Network, has officially launched and is operating now so sports fans and shareholders can get a free preview of the cable style network playing at www.b2sn.net . The official B2SN, that will produce revenue for the company, is planned to launch on a major OTT platform in Q1 of next year.
About B2Digital Inc.
B2Digital (OTC: BTDG) is the premier development league for mixed martial arts (“MMA”). The Company is primarily engaged
with scheduling, organizing, and producing live MMA events, marketing those events, and generating both live audience and PPV ticket sales,
as well as creatively marketing the archived content generated through its operations in this segment. The Company also plans to generate
additional revenues over time from endorsement deals with global brands as its audience grows. The B2 Fighting Series is licensed in 20
US states to operate LIVE MMA Fights. Most B2 Fighting Series events sell out at the gate. The Company now operates at a pace of more
than 40 events per year.
For more information about B2Digital, visit the Company’s website at www.B2FS.com.
B2Digital has a growing social media presence. Follow us on:
Twitter: @B2digitalOTC
Facebook: https://m.facebook.com/b2digitalotc/
B2Digital: MMA’s Premier Development League
www.B2FS.com
CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS
This Press Release contains forward-looking statements within the meaning of the securities laws. These statements relate to future
events and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance,
or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied
by these forward-looking statements. You should not place undue reliance on forward-looking statements since they involve known and unknown
risks, uncertainties and other factors which are, in some cases, beyond our control and which could, and likely will, materially affect
actual results, levels of activity, performance or achievements. Any forward-looking statement reflects our current views with respect
to future events and is subject to these and other risks, uncertainties and assumptions relating to our operations, results of operations,
growth strategy and liquidity. We assume no obligation to publicly update or revise these forward-looking statements for any reason, or
to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information
becomes available in the future.
For more information, please contact:
information@b2fs.com
Cover |
Dec. 08, 2022 |
---|---|
Cover [Abstract] | |
Document Type | 8-K |
Amendment Flag | false |
Document Period End Date | Dec. 08, 2022 |
Entity File Number | 000-11882 |
Entity Registrant Name | B2Digital, Incorporated |
Entity Central Index Key | 0000725929 |
Entity Tax Identification Number | 84-0916299 |
Entity Incorporation, State or Country Code | DE |
Entity Address, Address Line One | 4522 West Village Drive |
Entity Address, Address Line Two | Suite 215 |
Entity Address, City or Town | Tampa |
Entity Address, State or Province | FL |
Entity Address, Postal Zip Code | 33624 |
City Area Code | (813) |
Local Phone Number | 961-3051 |
Written Communications | false |
Soliciting Material | false |
Pre-commencement Tender Offer | false |
Pre-commencement Issuer Tender Offer | false |
Entity Emerging Growth Company | false |
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