DoubleDown Interactive prices secondary offering at $8 per share
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DoubleDown Interactive Co., Ltd. (NASDAQ: DDI) announced the pricing of a secondary offering of 2,330,468 American Depositary Shares at $8.00 per ADS by selling shareholder STIC Special Situation Diamond Limited.
Each ADS represents 0.05 common share of the Seoul-based gaming company. The offering consists entirely of shares sold by the selling shareholder and will not change the number of common shares outstanding.
DoubleDown Interactive will not receive proceeds from the share sale. The offering is expected to close on or about December 18, 2025, subject to customary closing conditions.
Roth Capital Partners serves as lead bookrunning manager while Texas Capital Securities acts as co-bookrunning manager for the offering.
The shares are being offered under a shelf registration statement on Form F-3 filed with the Securities and Exchange Commission on September 19, 2025, and declared effective on September 30, 2025.
DoubleDown Interactive develops and publishes digital games on mobile and web-based platforms, with its flagship social casino title DoubleDown Casino serving millions of players worldwide. The company recently acquired WHOW Games GmbH, a developer based in Hamburg, Germany, and operates real-money iGaming sites in Western Europe through its SuprNation subsidiary.
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