DoubleDown Interactive (DDI) Announces Pricing of Secondary Offering by Selling Shareholder
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DoubleDown Interactive Announces Pricing of Secondary Offering by Selling Shareholder
June 12, 2025 9:00 AM EDTSEATTLE, June 12, 2025 (GLOBE NEWSWIRE) -- DoubleDown Interactive Co., Ltd. (Nasdaq: DDI) (DoubleDown or the Company) today announced the pricing of an underwritten secondary offering of 4,347,827 American Depositary Shares (the ADSs), each ADS representing 0.05 common share of the Company (Common Shares), at a public offering price of $8.50 per ADS by STIC Special Situation Diamond Limited (the Selling Shareholder). The Selling Shareholder has granted the underwriters a 30-day option to purchase up to 652,173 additional ADSs at the public offering price, less underwriting discounts and commissions. The offering consists entirely of the ADSs to be sold by the Selling... More
