YAHOO FINANCE
Shenzhen and Hong Kong, January 14, 2020
Five-Star Sports and PacificPine Sports complete merger and close US$8m financing round
Five-Star Sports, a leading nationwide youth basketball academy program in China, and PacificPine Sports, the exclusive licensed operator of the PGA Youth Development Academy in China, have announced the completion of a merger and the closing of a US$8 million financing round led by PacificPine Group. The new combined company has been renamed PacificPine Sports Group. The financing included a US$6m series A preferred investment and a US$2m secondary common share purchase. (Read More)