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Sportradar announces offering of 23M Class A ordinary shares for holders

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Summary
Nutrition label

85% Informative

Sportradar ( SRAD) Group announced a proposed secondary public offering of an aggregate of 23 M Class A ordinary shares of the company.

The company intends to fund the Share Repurchase with cash on hand.

Goldman Sachs & Co. and J.P. Morgan are acting as joint book-running managers for the Secondary Offering .

VR Score

84

Informative language

82

Neutral language

49

Article tone

formal

Language

English

Language complexity

62

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

medium-lived

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