DoubleDown Interactive (DDI) Announces Pricing of Secondary Offering by Selling Shareholder

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 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 June 13, 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.

The ADSs in this offering are being offered pursuant to a shelf registration statement on Form F-3 (the “Registration Statement”) filed by the Company with the Securities and Exchange Commission (“SEC”) on September 14, 2022 and declared effective on September 27, 2022.

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