Fantex Brokerage Services, LLC announced today the launch of its free Fantex Mobile app, which will allow account holders to access the Fantex platform to trade stock and reserve initial public offering (IPO) shares linked to the cash flows of professional athlete brands.
Individuals without a Fantex Account can also use Fantex Mobile to view real-time stock prices and the latest information about athlete brands, check the latest market results and receive real-time alerts for IPOs, trades, dividends and more from anywhere in the world. In addition, the app gives access to athlete brand videos, breaking sports news, information about Fantex, Inc. tracking stocks as well as background on Fantex, Inc.
"Followers of sports are increasingly engaging with athletes and teams through mobile technologies," said Buck French, co-founder and CEO of Fantex Holdings, Inc. "As a brand building company for athletes, we want to make sure account holders and other individuals can easily take advantage of the full Fantex.com offerings, whether they are at the ballpark, in their living room or on the road."
The mobile app is available for free download through the iTunes and Google Play stores and is the only app featuring real-time stock prices for Fantex, Inc. stocks. At the time of launch, individuals will be able to use Fantex Mobile to buy and sell shares of Fantex Vernon Davis, the first stock that is trading on Fantex.com. The reservation period for the IPO of Fantex EJ Manuel1 opened on Monday, May 5th. For the first time, Fantex account holders will be able to reserve shares in an IPO with the app.
This offering is highly speculative and the securities involve a high degree of risk. Investing in a Fantex, Inc. tracking stock should only be considered by persons who can afford the loss of their entire investment.