SciPlay (SCPL) IPO Opens 13% Higher

Today's IPO for SciPlay Corporation (NASDAQ: SCPL) opened for trading at $18 after pricing 22,000,000 shares of its Class A common stock at a price of $16.00 per share.

SciPlay has granted the underwriters a 30-day option to purchase up to an additional 3,300,000 shares of its Class A common stock at the initial public offering price.

BofA Merrill Lynch, J.P. Morgan Securities LLC and Deutsche Bank Securities Inc. are acting as lead book-running managers for the offering, Goldman Sachs & Co. LLC, Morgan Stanley & Co. LLC, Macquarie Capital (USA) Inc. and RBC Capital Markets, LLC are acting as book-running managers for the offering, and Stifel, Nicolaus & Company, Incorporated and Wedbush Securities Inc. are acting as co-managers for the offering.

SciPlay Corporation is the social gaming business of Scientific Games Corporation (NASDAQ: SGMS)

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