Asian mixed martial arts firm One Championship is considering options including seeking a listing in the US via a merger with a special purpose acquisition company, according to people familiar with the matter.

The Singaporean sports media company has picked Credit Suisse Group AG and Goldman Sachs Group Inc. to help prepare for the potential listing, the people said. The rival to Ultimate Fighting Championship has held preliminary discussions with several SPACs, they said, asking not to be identified because the deliberations aren’t public.

The company, whose valuation is more than US$1 billion ($1.32 billion), could also raise capital via other routes including an initial public offering or seeking funds privately, they said.

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