Enhanced Games Eyes Nasdaq Listing, Expands Into Consumer Health With Olympic-Level Competition

November 26, 2025
Enhanced Games Eyes Nasdaq Listing, Expands Into Consumer Health With Olympic-Level Competition
  • The Enhanced Games story marks a strategic shift since its 2023 inception, expanding beyond elite sports to include a consumer health products line as a core part of its business model.

  • The company plans a Nasdaq public listing aimed at raising about $200 million, after closing a $40 million convertible equity deal that can be exchanged for public shares when trading begins.

  • In six months, Enhanced will host a Las Vegas competition featuring Olympic-level athletes like Fred Kerley and Ben Proud across swimming, track, and weightlifting, with first prizes of $250,000.

  • Leadership reshapes the team: founder Aron D’Souza steps back from daily operations but remains a shareholder, while Maximilian Martin becomes CEO, Sid Banthiya takes the CFO role, and Rick Adams joins as chief sporting officer.

  • The company plans a dual public-facing strategy: a Nasdaq stock listing alongside a direct-to-consumer business selling performance-enhancement products to broaden access.

  • The leadership emphasizes merging scientific progress with elite performance to demonstrate health and longevity benefits under proper clinical supervision.

  • This report builds on prior AP News coverage regarding Enhanced Games and ongoing discussions about doping in the context of the program.

  • A central element is consumer health products launching in early 2026, including testosterone replacement medicines, with a mandate to democratize access to performance-enhancement tools under medical supervision.

Summary based on 9 sources


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