Recent Updates — FLZH
Flash Sports & Media Holdings announced preliminary unaudited third-quarter 2026 revenue of approximately $6.2 million, a significant increase from the second quarter's $44,318. The surge was primarily driven by the Lanka Premier League (LPL) Season 6, which began in July 2026 and included about $3.4 million in franchise, sponsorship, and production fees previously recorded as contract liabilities. The company also outlined strategic expansions, including plans for new T20 leagues in Malaysia and Zimbabwe, and a title sponsorship agreement with the Switzerland men’s national cricket team. Flash Sports targets profitability by 2027 but cautioned that results are seasonal and subject to change upon final financial closing. Flash Sports & Media Holdings is a cricket-focused sports and media company.
Flash Sports & Media Holdings, Inc. entered into a 12-month Software Development and Technology Services Agreement with MindWave Innovations Inc. to design, develop, deploy, and operate FlashChain, a blockchain network for digital broadcasting-rights administration, video-asset tracking, anti-counterfeiting, and fan-data services. In consideration, the Company will issue common stock valued at US$506,000 upon completion of the term and provide MindWave with 20% of the total FLASH TOKEN issued. The agreement includes an annual maintenance fee equal to 50% of the Total Contract Value if renewed. Flash Sports & Media Holdings, Inc. operates in the sports media industry, providing streaming, ticketing, and digital asset services.
Flash Sports & Media Holdings, Inc. cancelled its annual meeting of stockholders originally scheduled for September 28, 2026, and will reschedule it in a subsequent filing. The company's common stock began trading on the OTCID Markets under the symbol FLZH on September 25, 2026, following the filing of an application to the OTCQB market which remains pending. Additionally, Nasdaq has scheduled a continued listing hearing for October 6, 2026, with results to be reported later. Flash Sports & Media Holdings operates in the sports and media industry, focusing on cricket league management, sponsorship, and broadcast opportunities.
On June 30, 2026, Flash Sports & Media Holdings, Inc. announced it entered into a confidential, non-binding letter of intent dated June 27, 2026, to potentially acquire a 51% controlling interest in the assets of Nooa Holdings Ltd., a Dubai-based hospitality group. The transaction is subject to due diligence, definitive agreements, financing, and required approvals. The company operates in the sports and media industry.
On June 25, 2026, Flash Sports & Media Holdings, Inc. announced the launch of the Zimbabwe T20 League (ZT20), a professional franchise cricket league. The league is scheduled to debut in October and November 2026 and is being developed by the company's subsidiary, Innovative Production Group FZ, LLC, in partnership with Zimbabwe Cricket. The company operates in the sports and media industry, focusing on the production and management of sporting events.