Scepter Holdings Expands into NIL Market with Matchpoint Acquisition

Scepter Holdings, Inc. has announced a definitive agreement to acquire Matchpoint Connection, LLC, a pioneer in Name, Image, and Likeness (NIL) solutions. This acquisition marks a strategic expansion for Scepter into the growing athlete endorsement market. The deal is contingent upon Scepter completing a 1-for-[B] reverse split and increasing authorized shares, with an expected closure by March 31, 2025.

Matchpoint's platform provides comprehensive services for athletes, universities, and brands, including a custom university white-label solution and revenue share tools. This agreement aligns with Scepter's mission to innovate in the NIL sector. The combined strengths of Scepter's AdaptAI and Matchpoint are set to offer unmatched NIL solutions.

The NCAA's rule changes have spurred NIL market growth, positioning Scepter and Matchpoint as leaders in this evolving industry. However, the completion of the acquisition remains uncertain.