Form 8-K
8-K — Flash Sports & Media Holdings, Inc.
Accession: 0001213900-26-069290
Filed: 2026-06-16
Period: 2026-06-16
CIK: 0001706524
SIC: 5080 (WHOLESALE-MACHINERY, EQUIPMENT & SUPPLIES)
Item: Regulation FD Disclosure
Item: Financial Statements and Exhibits
Documents
8-K — ea0295000-8k_flash.htm (Primary)
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported):
June 16, 2026
FLASH SPORTS & MEDIA HOLDINGS, INC.
(Exact name of registrant as specified in its charter)
Delaware
001-39933
46-5158469
(State or other jurisdiction
of incorporation)
(Commission File Number)
(IRS Employer
Identification No.)
8913 Regents Park Drive, Suite 550
Tampa, Florida 33647
(Address of principal executive offices, including
zip code)
Registrant’s telephone number, including
area code: (720) 390-3880
1751 Panorama Point, Unit G
Lafayette, Colorado 80026
(Former name or former address, if changed since
last report)
Check the appropriate box
below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following
provisions:
☐
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b)
of the Act:
Title of each class
Trading Symbol(s)
Name of each exchange on which registered
Common Stock, par value $0.001 per share
FLZH
The Nasdaq Stock Market LLC
Indicate by check mark whether
the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule
12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company,
indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial
accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item
7.01. Regulation FD Disclosure
On June 16, 2026, Flash Sports & Media Holdings,
Inc. (the “Company”) issued a press release announcing the launch of the Malaysia T20 League (“MT20”), a new professional
franchise cricket league scheduled to debut in September and October 2026. MT20 is being developed through the Company’s subsidiary,
Innovative Production Group FZ, LLC (“IPG”), in partnership with the Malaysian Cricket Association (“MCA”), pursuant
to existing commercial arrangements. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K.
The information contained in this Item 7.01, including
Exhibit 99.1, is being furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act
of 1934, as amended, nor shall it be deemed incorporated by reference into any filing under the Securities Act of 1933, as amended, or
the Securities Exchange Act of 1934, as amended, except as expressly set forth by specific reference in such filing.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
Exhibit Number
Description
99.1
Press Release dated June 16, 2026
104
Cover Page Interactive Data File (embedded within the Inline XBRL document).
1
SIGNATURES
Pursuant to the requirements
of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto
duly authorized.
Date: June 16, 2026
FLASH SPORTS & MEDIA HOLDINGS, INC.
By:
/s/ Bradley Nattrass
Name:
Bradley Nattrass
Title:
Chairman and Chief Executive Officer
2
EX-99.1 — PRESS RELEASE DATED JUNE 16, 2026
EX-99.1
Filename: ea029500001ex99-1.htm · Sequence: 2
Exhibit 99.1
Flash Sports & Media (Nasdaq: FLZH) Launches
Malaysia T20 League (MT20)
New professional franchise cricket league set
to debut in September–October 2026. Flash Sports & Media to develop and operate MT20 through its subsidiary Innovative Production
Group FZ, LLC, in partnership with the Malaysian Cricket Association.
MT20 designed as a long-term sports and media property intended
to establish Malaysia as a premier Southeast Asian destination for international T20 cricket; developed in partnership with the Malaysian
Cricket Association; to feature franchise-based teams, international player participation, global broadcast distribution, and commercial
sponsorship opportunities; Flash positioned across MT20 media, sponsorship, and activation economics through subsidiary Innovative Production
Group FZ, LLC
KUALA LUMPUR, MALAYSIA and TAMPA, FL, June 15, 2026 / GlobeNewswire
/ Flash Sports & Media, Inc. (Nasdaq: FLZH) (“Flash” or the “Company”), a vertically integrated cricket
media company commercializing the global T20 ecosystem, today announced the launch of the Malaysia T20 League (“MT20”), a
new professional franchise cricket league scheduled to debut in September and October 2026. MT20 is being developed as a long-term sports
and media property through the Company’s subsidiary Innovative Production Group FZ, LLC (“IPG”), in partnership with
the Malaysian Cricket Association (“MCA”). The league is designed to establish Malaysia as a premier destination for international
T20 cricket, sports entertainment, and sports-related investment. Actual revenues will depend on the specific terms of the Company’s
contractual arrangements and on overall tournament outcomes, and may differ materially from any industry-level references included in
this release.
MT20 — League Overview
Tournament window
Debut scheduled for September and October 2026
League
Malaysia T20 League (“MT20”), a new professional franchise T20 cricket league
Development & operation
Developed through Flash Sports & Media, Inc.’s subsidiary Innovative Production Group FZ, LLC, in partnership with the Malaysian Cricket Association
Format
Franchise-based teams with international player participation
Distribution
Global broadcast distribution and digital / streaming initiatives
Commercial model
Centralized media rights, global sponsorship sales, merchandise and licensing
Founding franchises
A select number of founding franchises expected to be introduced; ownership groups to be announced
Target audiences
Asia, North America, Europe, the Middle East, and Africa
Flash involvement
Through subsidiary Innovative Production Group FZ, LLC under existing commercial arrangements
A New Sports Property in a High-Growth Region
With more than 700 million people across Southeast Asia and increasing
demand for premium sports content, the Company believes Malaysia presents a unique opportunity for the creation of a scalable sports entertainment
asset. MT20 is intended to build long-term franchise value through the following pillars:
● Centralized media rights
● Global sponsorship sales
● Franchise ownership opportunities
● Digital and streaming distribution
● Merchandise and licensing programs
● Grassroots cricket development
● International player acquisition
International Player Participation
The league is expected to seek leading active international cricketers
from major cricket nations, including India, England, Australia, South Africa, New Zealand, Sri Lanka, Bangladesh, Nepal, and the Caribbean.
As of the date of this release, current discussions include players
such as Saqib Mahmood (England), David Wiese (Namibia), Vijay Shankar (India), K.S. Bharat (India), Sandeep Lamichhane (Nepal), Matthew
Breetzke (South Africa), Reeza Hendricks (South Africa), Jake Fraser-McGurk (Australia), and several other active international players.
These discussions are preliminary. The participation, availability,
and continued involvement of any player referenced above are subject to negotiation, definitive agreements, scheduling, eligibility, and
applicable approvals, and no assurance can be given that any particular player will participate in MT20. Player references are provided
for general context only.
Leadership Commentary
Mahinda Vallipuram, President, Malaysian Cricket Association:
“The Malaysia T20 League will play a transformative role in
accelerating cricket’s growth in Malaysia. Beyond the sporting benefits, the league will create new commercial opportunities, enhance
international visibility for Malaysia, and provide our players with a pathway to compete alongside world-class professionals.”
Anil Mohan, Founder, The IPG Group:
“We are not simply launching another cricket tournament. We
are building a global sports media asset with long-term commercial value. The vision is to create a franchise ecosystem that creates long-term
commercial opportunities for stakeholders while supporting cricket development throughout the region.”
Bradley Nattrass, Chief Executive Officer, Flash Sports & Media,
Inc.:
“Global investors are increasingly recognizing the value of
live sports properties and premium media rights. MT20 has been structured from day one as a scalablesports and media business, combining
elite competition, digital distribution, sponsorship revenue, franchise ownership, and international fan engagement.”
2
Franchise and Investment Opportunities
The league expects to introduce a select number of founding franchises,
providing investors and strategic partners the opportunity to participate in the growth of a new professional sports property from inception.
The founding franchise model is intended to provide stakeholders with exposure to multiple potential revenue streams, including media
rights distributions, sponsorship revenues, local commercial partnerships, merchandise, hospitality, licensing opportunities, and potential
future franchise appreciation. There can be no assurance that any such franchises will be sold, that any revenue streams will materialize,
or that franchise values will appreciate.
Strategic Context for Flash
Through its subsidiary Innovative Production Group FZ, LLC, the Company
participates in professional cricket as a sports, media, and experiential platform, with exposure to media, sponsorship, and on-ground
activations through its contractual arrangements. The launch of MT20 is intended to extend the Company’s franchise-league footprint
in Southeast Asia, complementing its existing involvement in the Lanka Premier League. The Company’s economic participation will
depend on the specific terms of its contractual arrangements and on overall tournament outcomes, and may differ materially from any industry-level
references included in this release.
Industry Context (Third-Party Data)
For general reference only, third-party reports describe T20 cricket
as a high-engagement global format with an estimated fan base of approximately 2.5 billion across South Asia, Southeast Asia, the Caribbean,
the United Kingdom, and other markets. Southeast Asia is reported to have a population of more than 700 million people. IPL media rights,
for a mature comparable league, have been reported at over USD 6 billion for a five-year cycle. The IPL is a mature and established league
operating under significantly different market conditions, scale, history, and economics than MT20. These figures relate to the broader
industry or to other leagues and are not a projection of the Company’s financial results, revenues, or economic impact from MT20,
and should not be relied on as such.
Disclaimer
References to the Malaysia T20 League, its anticipated format, franchises,
prospective franchise ownership groups, players, partners, sponsors, market size, or economic impact are based on the Company’s
current plans, third-party information, or industry estimates, and are subject to change. The development and launch of MT20 are subject
to a range of conditions, including definitive agreements, regulatory and governing-body approvals, and market conditions. The Company’s
involvement is conducted through Flash Sports & Media, Inc., Innovative Production Group FZ, LLC, and related commercial arrangements,
in partnership with the Malaysian Cricket Association. References to franchise ownership, player participation, market size, or economic
impact are based on third-party information or industry estimates that the Company has not independently verified. The Company’s
actual revenues, if any, will depend on its contractual arrangements and may differ materially from industry metrics referenced herein.
Nothing in this press release constitutes an offer to sell, or a solicitation of an offer to buy, any securities.
Any future franchise ownership opportunities, if pursued, would be
subject to definitive agreements, applicable legal requirements, and any required regulatory approvals. No offering of franchise interests
or other investment opportunities is being made by this press release.
###
3
About Flash Sports & Media, Inc.
Flash Sports & Media, Inc. (Nasdaq: FLZH) is a vertically integrated
cricket media company commercializing the global T20 ecosystem. Flash owns the content and controls the distribution — a combination
few in cricket media hold — capturing the full value chain that licensing-led players give away. Its anchor asset is the commercial
and media rights to the Lanka Premier League, with Star Sports as current broadcaster and Innovative Production Group FZ, LLC (IPG) integrated
as Flash’s in-house rights, league-management, and production engine. From that base, Flash is consolidating LPL, pursuing new franchise
leagues across in select international markets, and building owned distribution through its OTT platform and a dedicated cricket channel.
Revenue spans media rights, sponsorships, advertising, ticketing, merchandise, and franchise fees. Public on NASDAQ with currency for
M&A, Flash is positioned to become the operator of record in T20’s next growth markets. www.flashsportsandmedia.com
About the Malaysia T20 League
The Malaysia T20 League (MT20) is a new professional T20 franchise
cricket league scheduled to debut in September and October 2026. Developed through Flash Sports & Media, Inc. and Innovative Production
Group FZ, LLC in partnership with the Malaysian Cricket Association, MT20 is designed as a long-term sports and media property featuring
franchise-based teams, international player participation, global broadcast distribution, and commercial sponsorship opportunities serving
audiences across Asia, North America, Europe, the Middle East, and Africa.
About the Malaysian Cricket Association
The Malaysian Cricket Association (MCA) is the national governing body
for the sport of cricket in Malaysia, responsible for the development, administration, and promotion of cricket across the country.
About Twenty20 Cricket
Twenty20 (T20) is a format of cricket in which
each team plays a maximum of 20 overs. Introduced by the England and Wales Cricket Board in 2003, T20 matches are typically completed
in approximately three and a half hours. For more information, visit: http://www.t20worldcup.com
Investor Relations Contact
Investors@flashsm.com
Company Websites
https://flashsportsandmedia.com
https://www.theipggroup.com
MT20 is an early-stage initiative that has not yet commenced operations.
The league’s successful launch and commercialization remain subject to numerous risks and uncertainties, including execution, financing,
sponsorship, media distribution, regulatory approvals, and market acceptance.
4
Forward-Looking Statements
This press release contains “forward-looking statements”
within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include, but are not limited to,
statements regarding the Company’s expectations, beliefs, or intentions relating to the launch, development, and commercialization
of the Malaysia T20 League; the development and commercialization of sports and media platforms; potential sponsorship, media rights,
franchise sales, and other commercial opportunities; anticipated market size and growth; the participation of franchises, players, partners,
or sponsors; and the Company’s ability to generate revenues from its activities. Forward-looking statements may be identified by
words such as “anticipate,” “believe,” “expect,” “intend,” “plan,” “may,”
“will,” “could,” “seek,” “estimate,” “potential,” or similar expressions.
These forward-looking statements are based on current expectations,
estimates, and assumptions and involve known and unknown risks and uncertainties that could cause actual results and outcomes to differ
materially from those expressed or implied by such statements. Such risks and uncertainties include, without limitation: the early-stage
nature of MT20 and the many conditions to its successful launch and operation; the Company’s reliance on third-party partners, including
the Malaysian Cricket Association, Innovative Production Group FZ, LLC, and other counterparties, to perform under contractual arrangements;
uncertainties regarding the participation, availability, or continued involvement of franchise owners, players, ambassadors, or other
talent referenced in this press release; the possibility that anticipated franchise sales, sponsorships, media rights arrangements, or
other commercial opportunities may not materialize or may be delayed; the extent to which the Company is able to generate revenues, if
any, from MT20; risks relating to the integration of Innovative Production Group FZ, LLC and the Company’s ability to realize anticipated
synergies; the Company’s ability to develop, monetize, and scale its sports, media, and experiential business lines; the timing
and success of expansion into new markets; the Company’s ability to establish or maintain strategic relationships and commercial
arrangements; general economic, market, and industry conditions; competitive dynamics within the sports and media sectors; international,
geopolitical, and regulatory risks associated with global sporting events; and the Company’s ability to maintain compliance with
applicable listing standards of The Nasdaq Stock Market LLC.
In addition, certain market, industry, and economic data referenced
in this press release are based on third-party sources and estimates that the Company believes to be reliable, but the Company has not
independently verified such information and makes no representation as to its accuracy or completeness. References to prospective franchise
ownership, players, partners, and related individuals are based on the Company’s current plans or on third-party announcements and
media reports that the Company has not independently verified.
Additional factors that could cause actual results to differ materially
from those described in forward-looking statements can be found in the Company’s most recent Annual Report on Form 10-K and subsequent
Quarterly Reports on Form 10-Q, as well as other filings with the Securities and Exchange Commission, which are available at www.sec.gov.
Forward-looking statements speak only as of the date of this press
release, and the Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information,
future events, or otherwise, except as required by law.
Source: Flash Sports & Media, Inc. (Nasdaq: FLZH)
5
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