PERFORMANCE SPORTS GROUP LTD. (OTCMKTS:PSGLQ) Files An 8-K Other Events
Item 8.01 Other Events.
press release announcing that it has completed the previously
announced sale of its soccer uniforms assets marketed under the
INARIA brand name to an acquisition vehicle controlled by Saverio
Michielli, Inarias co-founder and general manager, for
approximately CDN $2.07 million or approximately U.S. $1.58
million, subject to certain adjustments, and the assumption of
related operating liabilities.
this Current Report on Form 8-K and is incorporated herein by
reference.
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Exhibit No.
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Description
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99.1
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Press Release, dated February 16, 2017.
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About PERFORMANCE SPORTS GROUP LTD. (OTCMKTS:PSGLQ)
Performance Sports Group Ltd. is engaged in the design, manufacture and distribution of performance sports equipment for ice hockey, roller hockey, baseball and softball, lacrosse, as well as related apparel and accessories, including soccer apparel. The Company’s segments include Hockey, Baseball/Softball and Other Sports. The Hockey segment includes the Bauer and Mission brands. The Baseball/Softball segment includes the Easton and Combat brands. Its Other Sports includes the Lacrosse and Soccer operating segments, which includes the Maverik and Cascade brands for Lacrosse, and the Inaria brand for Soccer. The ice hockey products include skates, helmets, protective gear, sticks, team apparel and accessories. The roller hockey products include skates, helmets, protective gear, sticks and accessories. The baseball and softball products include bats, gloves, helmets, protective gear, apparel and accessories. The lacrosse products include sticks, helmets, protective gear and apparel. PERFORMANCE SPORTS GROUP LTD. (OTCMKTS:PSGLQ) Recent Trading Information
PERFORMANCE SPORTS GROUP LTD. (OTCMKTS:PSGLQ) closed its last trading session down -0.010 at 0.850 with 85,744 shares trading hands.