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On May 8, Enhanced Group – the parent company of the Enhanced Games and the “Live Enhanced” telehealth platform – became a public company through a SPAC merger, and is now listed on the New York Stock Exchange under the ticker symbol ENHA. On Sunday, May 24th, the inaugural Enhanced Games will take place in Las Vegas, broadcast globally. Check out here: all options to watch it live.

As is often the case with newly de-SPACed companies, the stock has experienced some early volatility and technical selling pressure. That is normal imo. But I believe this moment offers a good opportunity to step back and explain how I think about the long-term potential of the business and answer the main questions from both retail and institutional investors I have received since the listing.

Why did Enhanced Group go public relatively early in its journey?

The heart and soul of the Enhanced Games are its athletes and its fans. Together, Enhanced is more than just a company; it is a movement.

And the company wanted to give this movement the opportunity to participate economically in what Enhanced Group is building. Many athletes have already become shareholders since the listing, and I hope many fans who watch the Games on May 24 in Las Vegas in person or online will eventually become long-term shareholders as well.

Transparency first

Going public is, in itself, an act of transparency. Very few sports franchises are publicly traded; most are controlled by billionaires, sovereign wealth funds, or private equity firms. By choosing to be public, the company holds itself to the same standards of transparency and accountability that it advocates for within the enhancement category itself – FDA-approved products only, medically supervised protocols, and regulated systems rather than opaque grey markets.

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