UFC boss Dana White has been hitting the gym and revealed crazy body transformation as owners Endeavor raise $511million during IPO
The incredible jump in the UFC’s stock price was not the only thing to capture the imagination of fans this week.
President Dana White was pictured outside the New York Stock Exchange on Thursday afternoon and looks to be in the best shape of his career.
The 51-year-old, who has a personalised gym inside of his Las Vegas office, has clearly been making the most of the facilities and is reaping the rewards.
“I’ve been pretty consistent for the last year,” he explained about his workout routine to Zab Judah and Mike Tyson on the Hotboxin’ podcast.
“There’s nothing else to f***ing do, right?” he asked rhetorically referencing the global pandemic that placed many countries in lockdown.
One fan even wrote on Twitter: “What have y’all been feeding Dana? This is the best he has ever looked physically.”
Another wrote: “I think he’s on Vince McMahon’s diet,” a nod to the WWE chairman, who is still pumping iron in his 70s and on Instagram one fan posted his amazement with: “Yo Dana is looking shredded.”
Meanwhile, current UFC fighter, Rafael dos Anjos commented on Instagram: “Looking huge, boss,” as did Michelle Waterson.
Boxer Danyelle Wolf wrote: “Damn – jacked AF.”
It proved to be a landmark day for the company as Endeavor, the UFC’s parent company, raised $511million during its initial public offering (IPO) after a 5 per cent jump in their stock price.
According to Market Watch: “the company EDR, +5.00% sold 21.3 million shares, priced at $24 each, the top of its proposed price range of $23 to $24, raising about $511 million at a valuation of more than $10 billion.”
The planned IPO has to be seen as a huge success for Endeavor CEO Ari Emanuel and the other partners in the company after plans for a similar launch were scrapped in 2019.
At one point during trading on Thursday, Endeavor’s stock shot up to 12 per cent over the opening prices, dipping below the $24 mark for a very brief period of time before rebounding.
Analysts had warned that Endeavor was a risky bet for investors thanks to the volatile nature of its many businesses, which includes a powerhouse talent agency as well as a live events business and sports properties such as the UFC and Professional Bull Riders.
In 2016, Endeavor and a group of investors paid around $4.2billion to acquire the UFC and raised the additional funds necessary before the IPO to retain complete control of the MMA organisation.