Outdoorsmen.com Completes Letters Of Intent To Purchase Five Major Trade Show Operators In The U.S. Hunting, Fishing, and RV Industry

GREENWOOD VILLAGE, CO, NOVEMBER 14, 2023 – Outdoorsmen.com, Inc., a social media and e-commerce technology company operating in the sporting goods industry, announced today that it has completed Letters Of Intent (LOI) with five major U.S. based trade show operators to acquire all of their annual consumer trade shows that service the hunting, fishing, and RV industry.

In a Bureau of Labor Statistics report released in September of 2022, there are 133,595,000 hunting and fishing consumers in the United States. According to an October 2021 Statista survey, 40% of the U.S. hunting and fishing consumers were born between 1995 and 2012 (iGen / Generation Z), 56.7% were born between 1980 and 1994 (Millennials / Generation Y), and 33.3% were born prior to 1979 (Generation X and Boomers). An estimated 80% of the hunting and fishing consumers in the U.S. attend at lease one trade show per year.

"We are very excited to expand our Outdoorsmen.com family as we head into the remainder of 2023 and position the company for explosive growth throughout 2024," said Outdoorsmen.com CEO, Lynn Murphy. "We are just getting started though, and plan to have another dozen trade show operators under a binding LOI in the coming months. Our target in the first year of acquisitions is seventy-five individual consumer shows, totaling more than $20 Million in annual revenue," added Murphy.

Outdoorsmen.com, Inc. announced earlier this year that it has made significant progress in preparing the company to go public, in an effort to execute faster on their aggressive roll-up strategy of small business operators and outdoor industry consumer trade shows.  The company is working towards a public offering in the United States through a merger with an existing publicly traded company, a SPAC merger, or a direct IPO listing on NASDAQ or the NYSE.

About Outdoorsmen.com, Inc.

Outdoorsmen.com is one of the largest digital media and technology companies in North America, solely devoted to the hundreds of millions of outdoors men and business operators that contribute to an annual gross economic output of $862 billion from the U.S. outdoor economy. Their social networking technology brands cover the spectrum of the outdoor economy – from hunting and fishing to tennis, and from soccer and youth sports to biking, the millions of online users rely on Outdoorsmen.com for the best, most entertaining, useful, and relevant social connections. Outdoorsmen.com is a proud member of the Outdoor Industry Association. https://outdoorindustry.org

Learn more about Outdoorsmen.com, Inc. by going to https://www.outdoorsmen.com/investing

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Lynn Murphy / CEO
Outdoorsmen.com, Inc.
+1 888-838-3396