NEX raises $25M, launches Active Arcade to get people moving [TechCrunch Blog]
Opendoor Technologies Inc (OPEN)
Company Research
Source: TechCrunch Blog
There is a physical activity deficit in our world. Three fourths of adults say staying in shape is very important for health benefits. Yet, one in four adults and 81% of adolescents are insufficiently physically active,according to the World Health Organization.Centers for Disease Control and Prevention (CDC)Working from home and staying at home during the pandemic exacerbated being physical inactivity. Most people opt for sedentary entertainment that involves minimal movement like watching movies or streaming live concerts, playing video games and throwing virtual parties.To solve the global problem of inactivity by creating new ways to encourage active play for everyone,NEXActive ArcadeThe new funding was led by Blue Pool Capital, with participation from Samsung Ventures, SparkLabs and Susquehanna. This round also attracted influencers in sports, entertainment industries and business executives including Simu Liu (Shang-Chi), Albert Pujols (LA Dodgers), Thierry Henry (Arsenal Legend
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OPEN
Earnings
- 2/15/24 - Beat
OPEN
Sec Filings
- 4/24/24 - Form DEFA14A
- 4/24/24 - Form DEF
- 4/17/24 - Form 4
- OPEN's page on the SEC website