By Anya Pelshaw on SwimSwam
The Enhanced Games has started trading on the New York Stock Exchange (NYSE) with CEO Maximilian Martin ringing the bell today. It will trade under the ticker ENHA.
“Today represents a transformative moment for Enhanced as we begin our journey as a publicly traded company,” said Maximilian Martin. “We are uniquely positioned to demonstrate that performance enhancements can be safely integrated into elite sports under the highest clinical standards and made available to consumers looking to optimize their own health and wellness. This listing provides us with the public platform to revolutionize and lead the performance medicine category.”
Late last year, it was announced that the Enhanced Games would merge A Paradise Acquisition Corp and go public. A Paradise was previously traded under the ticker APAD. With the merger, the company has a $1.2 billion valuation.
Today alone, ENHA’s stock jumped 20.80% on the day, closing at $9.70 while after hours trading has the stock sitting at $9.90. It’s market cap sits around $255 million. This is down from APAD’s stock price of $10.06 and a market cap of $274 million when the deal was announced.
Martin rang the closing bell alongside swimmer Cody Miller and Fred Kerley. The two are set to compete at the first Enhanced Games later this month. Miller also signed his name on the wall at the NYSE.
Miller is set to compete in Las Vegas during the Enhanced Games on May 24, 2026. Construction is already underway in Las Vegas.
Swimmers who go under Cam McEvoy’s World Record in the men’s 50 free are set to earn a $1 million bonus. Any other swimming World Records earn a $250,000 bonus.
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