DoubleDown Interactive Co. Ltd. (DDI) Prices 6.3M Share IPO at $18/sh
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DoubleDown Interactive Announces Pricing of Initial Public Offering
August 31, 2021 7:00 AM EDTSEATTLE, Aug. 31, 2021 (GLOBE NEWSWIRE) -- DoubleDown Interactive Co., Ltd. (DoubleDown, or the Company), a leading developer and publisher of digital social casino games, today announced the pricing of its initial public offering of 6,316,000 American Depositary Shares (the ADSs), each ADS representing 0.05 common share at a price of $18.00 per ADS, for gross proceeds of $113.7 million. The number of ADSs offered and to be sold by the Company is 5,263,000, and the number of ADSs offered and to be sold by a selling shareholder is 1,053,000. The selling shareholder has granted the underwriters a 30-day option to purchase up to an additional 947,400 ADSs... More
