tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

DoubleDown announces 2.33M ADSs priced at $8.00 in secondary offering

DoubleDown (DDI) Interactive announced the pricing of an underwritten secondary offering of 2,330,468 American Depositary Shares, each ADS representing 0.05 common share of the Company, at a public offering price of $8.00 per ADS by STIC Special Situation Diamond Limited. The offering consists entirely of the ADSs to be sold by the Selling Shareholder and will not change the number of Common Shares that are outstanding. The Company will not receive any proceeds from the sale of the ADSs by the Selling Shareholder. The offering is expected to close on or about December 18, 2025, subject to the satisfaction of customary closing conditions. Roth Capital Partners is acting as Lead Bookrunning Manager and Texas Capital Securities is acting as Co-Bookrunning Manager for the offering.

Claim 70% Off TipRanks This Holiday Season

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1