Sportradar pushes back on short seller claims, calls report factually inaccurate

Responding to today’s short seller claims, a Sportradar (SRAD) spokesperson told The Fly that, “A short report issued today contains factual inaccuracies about the company, and we unequivocally challenge these assertions. The report demonstrates a fundamental misunderstanding of our business and the industry and was authored by a short seller trying to erode shareholder value and profit from stock disruption. Sportradar works exclusively with licensed operators, follows strict global compliance, and due diligence standards, and we stand by our independently audited financial statements, risk disclosures, and information provided to investors and regulators. We conduct our business with the highest ethical standards consistent with company policies, laws and regulations.”