ABE, LLC is sponsoring Series “A” raise for its global professional sports and entertainment platform. The Series A raise is $100 million and has two tranches.
The first tranche is $10 million of equity capital being offered in membership units (MU) in ABE.
The second tranche is $90 million of debt capital. The second tranche will be placed in escrow and used to support an Initial Public Offering (IPO) within the next 18 months.