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ipos-overview
Proposed Symbol | BYLT |
---|---|
Company Name | Elite Performance Holding Corp |
Exchange | |
Share Price | $ |
Employees | 0 (as of 05/13/2024) |
Status | |
Shares Offered | |
Offer amount | $17,250,000 |
Shares Over Alloted | |
Company Address | 3301 NE 1ST AVE. SUITE M704 MIAMI FL 33137 |
Company Phone | 844-426-2958 |
Company Website | www.eliteperformanceholdings.com |
CEO | Joey Firestone |
State of Inc | |
Fiscal Year End | 12-31 |
Total Offering Expense | $298,780.00 |
Shareholder Shares Offered | |
Shares Outstanding | 14,650,127 |
Lockup Period (days) | 180 |
Lockup Expiration | |
Quiet Period Expiration | |
CIK | 0001753681 |
DealId | 1065707-111774 |
Elite Performance Holding Corporation (“EPH”) was formed on January 30, 2018 (inception) and is a holding company with anticipated holdings in companies centered on innovative and proprietary nutritional and dietary fitness enhancement products, that are in the sports performance, weight loss, nutritional, functional beverage and energy markets. The team is composed of highly experienced business, marketing and sales executives in the beverage and nutritional space, who are passionate about health and nutrition. --- Elite Beverage was formed on November 29, 2017 (inception) and is currently producing a functional hydration beverage. B.Y.L.T.® (Beyond Your Limit Training) sports drink that combines the benefits of hydration, muscle repair, and recovery all-in-one refreshing beverage. Whether you are looking to achieve optimal performance on the baseball field, basketball court, soccer field, in the gym or any competitive sport, B.Y.L.T.® provides the competitive edge every athlete actively seeks. This unique product is designed with scientifically dosed key ingredients to bridge the gap between the current sports drinks filled with sugars that have serve no function, hydration beverages and dietary supplements, without the crash from sugars and jitters from caffeine which eventually leads to a decrease in performance for athletes. B.Y.L.T.® is designed to enhance performance and support the intense physical demand of athletes. This acquisition was accounted for as an acquisition by entities under common control due to the fact that both Elite Performance Holding Corp. and Elite Beverage were commonly held by Joey Firestone and Jon McKenzie. The ownership structure of the Company did not change as a result nor did any of its officer’s change positions. The mission of Elite Performance Holding Corp. is to aggressively seek and acquire companies with niche products that are first to market and can be exploited in the $35 billion nutritional and sport beverage industries. The goal of EPH is to effectuate its unique business model through strategic branding and marketing, to aggressively scale companies to size, and operate them efficiently to maximize growth, revenue production and eventual net income. On February 2, 2018, a contribution and assignment agreement was executed by Joey Firestone and Jon McKenzie (collectively, the “Assignors”), and Elite Performance Holding Corp., a Nevada corporation (the “Assignee”). Whereas Firestone and McKenzie were the owners of 50,000,000 shares of common stock, $0.0001 par value, for a total of 100,000,000 shares of common stock (collectively, the “Shares”) of Elite Beverage, which shares represented all authorized, issued and outstanding shares of the Company. Elite Beverage will offer a functional hydration beverage called B.Y.L.T.® (acronym for Beyond Your Limit Training). B.Y.L.T.® was created to change the way you supplement your training to help you reach your goals faster and outpower and outlast your competitors during any type of physical activity, especially the most grueling ones. With patented SmartCarb® technology it is designed to boost endurance, maintain proper glucose levels during training, and enhance recovery. Our principal executive offices are located at 3301 NE 1st Ave Suite M704, Miami, FL 33137, and our telephone number is (844) 426-2958. We maintain a website at http://www.drinkBYLT.com and https://www.eliteperformanceholdings.com.